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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.


TSX:PXT - Post by User

Bullboard Posts
Comment by akhenaten19on Sep 29, 2013 11:02pm
208 Views
Post# 21777165

RE:RE:RE:Pacific Rubiales Acquisition Rumours

RE:RE:RE:Pacific Rubiales Acquisition RumoursSo turns out PMG gets $11/share after all... 2x cashflow or 64k per barrel. $6.40ish is fair value for Parex based on this deal for cashflow but could run higher based on continued execution and market fervour... I expect most Columbians should get a lift seeing as most are very undervalued, who knows though. Should be an interesting week. 
Bullboard Posts