Leading Colombian Oil & Gas Company Value Creation in Colombia since 2009 Sustainable Portfolio with Long-Term Growth Runway Strong Return of Capital Track Record Top-Tier ESG Performance Stock Symbol TSX:PXT Shares…
Colombia 760,000 Independent Free OECD BBL/D Branches of Capital Movement Member Oil Production(1) Government & No Foreign Country Currency Controls Parex Advantages Offshore Top Decile Established Strong Strategic Partner…
Colombia-Focused Strategy Parex Resources is 100% focused on Colombia Unlocking extensive Exploitation land base using & Technology proven technology Pursuing onshore, Capturing exploration upside world-class gas plays that…
Portfolio Evolution Continually managing shareholder opportunities and overall corporate risk profile High-graded big E exploration with Llanos Foothills Executed agreements to acquire game-changing potential(1)(2) 2025 2026+ Added…
2025 Activity Plan Diversified, lower-risk capital program, with growing H2 2025 production profile planned Near-Field Exploration 6 wells VIM-1 Higher chance of success exploration prospects 1 Big E well Southern Llanos focus;…
2025 Capital Allocation Plan built for sustainability, with investments in both current production and future inventory 2025F CAPITAL ALLOCATION(1) Fundamentals ( millions) Strong FFO netbacks(1) 500 Oil prices linked to Brent with 75…
Core Southern Llanos Blocks: LLA-32, LLA-34 and Cabrestero Flagship assets that represent 75% of net corporate production Key Southern Casanare (SOCA) Blocks Key Takeaways LLA-32 Acquired remaining working interest for the block for…
Strategic Entry into the Putumayo Basin of Colombia Establishing a low-risk development & exploitation platform that can become a new core area for PXT Transaction Details(1) Putumayo Blocks Acquiring 50% W.I. in four blocks via a…
VIM-1 Hidra Prospect Directly offset producing VIM-1 La Belleza Discovery Prospect Successful Gas Cycling Project VIM-1 3D Seismic Depth Hidra-1 La Belleza-1 La Belleza-2 Kraken Hidra Norte La Belleza Hidra-1…
Llanos Foothills: World-Class Resource Trend Provides game-changing potential at an enhanced risk & reward profile PXT/ECP Aligned Area(1) Sirir PXT Proven Operatorship Capachos Resource Highlights track record of technical…
YE 2024 Results & Achievements Generated strong financial results(1) 622MM of funds flow provided by operations (2) 275MM of free funds flow(3) Returned 186MM to shareholders via regular dividends and share buybacks Achieved…
Return of Capital Demonstrated long-term track record of returning capital to shareholders and continually lowering the fully diluted share count RETURN OF CAPITAL (CMM) OUTSTANDING SHARES (MM) 205 2,005 162 254 148 40%…
Key Takeaways Strategy Continued Sustainable Intact Return of Capital Portfolio Conventional Colombian resources Strong track record of returns Optimizing core fields offer strong netbacks Returns through dividends and…
Contact Information Mike Kruchten Senior Vice President, Capital Markets & Corporate Planning 403-517-1733 investor.relationsparexresources.com Steven Eirich Senior Investor Relations & Communications Advisor 587-293-3286…
Advisory Non-GAAP and Other Financial Measures Advisory This presentation uses various non-GAAP financial measures, non-GAAP ratios, supplementary financial measures and capital management measures (as such terms are defined in National…
Loading...
