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:
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.
Our strategy is to leverage South American and Western Canadian experience and capability to create shareholder value; we:
Explore our operating area.
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.
Senior VP, Capital Markets & Corporate Planning
Tel: +1 (403) 517-1733