Operator · Cardium Shale
Parex Resources, Inc.
26 articles mentioning Parex Resources, Inc. · Page 2 of 2
Parex Pumps Up Capex After Strong Results
At current oil prices, Parex anticipates funding the increased capital expenditure budget from funds flow from operations.
Parex Increases Drilling Program for 2015
Plan to increase the 2015 exploration drilling program by 2 additional exploration wells on Block LLA-32.
Parex Resources Drilling 8 Exploration Wells
Parex will invest $75-$80 million on drilling up to 8 exploration wells in 2015.
Parex Resources Cuts Capex in Half
Revision to its 2015 base capital budget from $300 million
Parex Resources Increase Production Substantially, Oil Volume Remains Flat
Average production for the periods below was approximately: Full year 2013: 15,850 bopd, an increase of 39% over the full year of 2012; and Preliminary analysis indicates that crude oil inventory remained relatively flat from the...
Parex Resources Updates Trinidad Position
Parex Resources (Trinidad) Ltd. has signed a farm-out agreement on the Moruga Block and has given notice that it will relinquish the Central Range Blocks.