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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
Post by ROIcrusaderon Apr 19, 2018 12:14pm
111 Views
Post# 27911641

Netbacks

Netbacks$55 Brent= $20/boepd = FFO 305m $65 Brent = $30/boepd = FFO 455m $75 Brent = $40/boepd = FFO 610m Those are some great numbers doubling FFO from $55-75 Brent, I'd expect their exploration/development budget to rise from it's current $275m given the above. Great to be back in PXT GLTA
Bullboard Posts