Investors

Why Parex?

Since its inception, Parex has achieved material reserves and production growth, while leveraging its exploration and costs know-how to become a respected, top-ranked and low-cost operator in Colombia. Here’s how:

Proven Management Track Record

The management team has 100 plus years of combined oil and gas industry experience as well as Latin American exposure. This is coupled with Parex’ technical staff’s deep basin knowledge and operational experience.

Strategic Operations

Our strategy is to leverage South American and Western Canadian experience and capability to create shareholder value; we:

• Target jurisdictions with stable fiscal regimes coupled with oil-prone hydrocarbon-rich basins in under-explored areas;
• Apply proven technology used in the Western Canada Sedimentary Basin in basins with large oil-in-place potential;
• Focus on short cycle time from discovery to bringing new reserves on-stream; and
• Use a portfolio approach to manage surface, subsurface and commercial risks.

Explore our operating area.

Self-Funded and Disciplined Growth

Parex is committed to maintain a strong balance sheet that provides financial flexibility. The Company funds capital programs primarily with cash flow from operations, thereby creating a viable and sustainable business model to grow production and reserves on a per-share-basis.