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Parex Resources Inc T.PXT

Alternate Symbol(s):  PARXF

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 oil, natural gas and natural gas liquids (NGL) proved plus probable reserves are located in the Llanos Basin of Colombia with the remaining oil reserves and production located in the Magdalena Basin of Colombia.


TSX:PXT - Post by User

Bullboard Posts
Comment by geodude13on Jan 27, 2011 2:42pm
395 Views
Post# 18036167

RE: RE: New Presentation - Jan 18 2011

RE: RE: New Presentation - Jan 18 2011On a recent webcast PXT said that the next wells won't be deviated due the completions problems on the cement job on the first well.  I think C7 needs a remedial squeeze and probaly another log on the cement bond.  Hopefully they'll get a good bond and then perforate.  I was hoping there would be some production data too but I guess we'll need to wait for the Q4 2010 update or at worst the Q1 2011 update. 
Bullboard Posts