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Company

Operator · Cardium Shale

Parex Resources, Inc.

TSE

2 buyer-side · 3 seller-side · 3 chain hops

M&A chain

Lineage of Parex Resources, Inc. walked through the transactions ledger. Earliest predecessor at the top; most recent owner at the bottom. Each counterparty exposes deep links so you can pivot into their drilling activity, news, assets and people without leaving the chain.

  1. Predecessor (acquired by this company)

    Crownrock, Lp

    Occidental today announced it is buying Midland-based oil and gas producer CrownRock L.P., a joint venture of CrownQuest Operating LLC and Lime Rock Partners, for cash and stock in a transaction valued at approximately…

  2. Predecessor (acquired by this company)

    Occidental Petroleum Corp

    Ecopetrol has signed a JV to "participate" in Oxy's Central Midland Basin property. This deal closed on November 13, 2019. The deal will see Ecopetrol paying Oxy $750 million in cash plus $750 million in carried capital…

  3. Predecessor (acquired by this company)

    Ecopetrol S.A.

    Parex Resources Inc. has announced the execution of a formal binding agreement with Empresa Colombiana de Petroleos S.A. whereby Parex will farm-in to operate and earn a 50% working interest in the Aguas Blancas light…

  4. This company

    Parex Resources, Inc.

Acquisitions (Buyer)

Parex to Acquire 50% Stake in Colombia's Aguas Blancas Oil Field Sep 30, 2015 · $61M

Parex Resources Inc. has announced the execution of a formal binding agreement with Empresa Colombiana de Petroleos S.A. whereby Parex will farm-in to operate and earn a 50%…

Parex to Expand Llanos Position in Colombia May 14, 2014 · $198M

Parex Resources Inc. and Verano Energy Limited have entered into an agreement whereby Parex has agreed to purchase all of the issued and outstanding common shares of Verano, a…

Divestitures (Seller)

Parex to Acquire 50% Stake in Colombia's Aguas Blancas Oil Field Sep 30, 2015 · $61M

Parex Resources Inc. has announced the execution of a formal binding agreement with Empresa Colombiana de Petroleos S.A. whereby Parex will farm-in to operate and earn a 50%…

Parex to Expand Llanos Position in Colombia May 14, 2014 · $198M

Parex Resources Inc. and Verano Energy Limited have entered into an agreement whereby Parex has agreed to purchase all of the issued and outstanding common shares of Verano, a…

Parex Farms-Out to Develop Moruga Block Oct 10, 2013 · $2M

Parex Resources Inc., announces that its subsidiary Parex Resources Ltd. has signed a farm-out agreement on the Moruga Block and has given notice that it will relinquish the…