RE:Parex Resources (PXT eyes Buyout of Canacol Energy (CNE?I think this is unlikely. CNE have just sold a 20% stake to PRE's suitors Harbour, so if anyone is going to take them out it may be them. Also, CNE is focused on Gas and tariff income in Ecuador, As such their upside is limited if there is any increase in the oil price, which , in the short to medium term , looks unlikely