1

Parex Resources

#5794

Rank

$876.27M

Marketcap

CA Canada

Country

Parex Resources
Leadership team

Mr. Imad Mohsen (Pres, CEO & Director)

Mr. Kenneth G. Pinsky (CFO & Corp. Sec.)

Mr. Eric Furlan (Chief Operating Officer)

Products/ Services
Oil and Gas
Number of Employees
100 - 500
Headquarters
Calgary, Alberta, Canada
Established
2009
Net Income
500M - 1B
Revenue
Above - 1B
Traded as
PXT.TO
Social Media
Overview
Location
Summary
Parex Resources Inc. engages in the exploration, development, production of oil and natural gas in Colombia. The company holds interests in onshore exploration and production blocks totaling approximately 6,521,632 gross acres. As of December 31, 2021, it had proved plus probable reserves of 198,825 million barrels of oil equivalent. The company was incorporated in 2009 and is headquartered in Calgary, Canada.
History

Parex Resources' initial operations completely focused on Venezuela as a country, originally established by the company founders in 2002. 2014 saw Parex Resources expand its horizons to develop and explore acreage positions in Colombia's Lower Magdalena Basin, acquiring and developing land that previously had been held by foreign oil companies, and accelerating development of a significant asset base.

Mission
Parex Resources Inc. is committed to creating value for its stakeholders through the safe and responsible development of its people and resources.
Vision
Parex Resources Inc.'s vision is to become the leading exploration and production company in Colombia by operational excellence and generating superior returns for all stakeholders.
Key Team

Mr. Michael Kruchten (Sr. VP of Capital Markets & Corp. Planning)

Mr. Cam Grainger (Controller)

Mr. Daniel Ferreiro (Pres of Parex Resources Colombia & Country Mang.)

Mr. Ryan W. Fowler (Sr. VP of Exploration & Bus. Devel.)

Mr. Joshua Share (Sr. VP of Corp. Services)

Mr. Jeff Meunier (VP, New Ventures)

Recognition and Awards
In 2019 Parex Resources was listed on the Toronto Stock Exchange and as a result, was recognized as one of the top performing TSX companies for growth, income and total shareholder return. In 2020, the company was selected as one of the Top 25 Growth Companies by the Alberta Enterprise Group.
References

Dive deeper into fresh insights across Business, Industry Leaders and Influencers, Organizations, Education, and Investors for a comprehensive view.

Parex Resources
Leadership team

Mr. Imad Mohsen (Pres, CEO & Director)

Mr. Kenneth G. Pinsky (CFO & Corp. Sec.)

Mr. Eric Furlan (Chief Operating Officer)

Products/ Services
Oil and Gas
Number of Employees
100 - 500
Headquarters
Calgary, Alberta, Canada
Established
2009
Net Income
500M - 1B
Revenue
Above - 1B
Traded as
PXT.TO
Social Media