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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 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

Parex Resources Inc > Brent US$46
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Comment by Kramerkarmaon Nov 25, 2020 2:05am
94 Views
Post# 31967663

RE:RE:Brent US$46

RE:RE:Brent US$46
and say oil hits 80$ in 2022 and shares are 108M and capex 280M USD and production 54k. 73$ cad per share. Thats about 45$ US profit per barrel before capex. 1.3 exchange.
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