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Bullboard - Stock Discussion Forum Parex Resources Inc T.PXT

Alternate Symbol(s):  PARXF

Energy Oil & Gas E&P
Parex Resources Inc. is a Canada-based independent oil and gas company in Colombia, focusing on sustainable, conventional production. The company is engaged in the business of the exploration, development, production and marketing of oil and natural gas in Colombia. The Company is focused on development in two main basins: Llanos and Magdalena. All of the Company's oil production and 87% of the... see more

TSX:PXT - Post Discussion

Parex Resources Inc > nat gas is easy to find in colombia, proximity to
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Post by drunk@noon on Apr 15, 2024 8:28am

nat gas is easy to find in colombia, proximity to

pipleines aren't. The fact they have a hudge landbase with a pipeline right there with quick lowcost tie-in to a major pipeline is were the value lies. Even more important the price of nat gas is in the $5 mcf range, (see canacol) which is mighty fine netback when it comes to nat gas compared to N.A.
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