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.

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Parex Resources Inc > October production concerning

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Comment by baranjaon Nov 06, 2024 9:36am

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Post# 36298579

RE:RE:RE:RE:RE:October production concerning

Damn it,.. I was hoping to buy more of this great company,... it is taking off now.

baranja wrote: .....price....

baranja wrote: Don't know if this is baked into a prices, but it could be another great opportunity to buy it. I would not mind it.

joebravo wrote: Agreed. I don't think the lower production and revenue due to maintenance downtime should be concerning.

Maintenance is required from time to time, and next quarter numbers should be higher.

CrazyTrader wrote: "The decrease in oil and natural gas production in the third quarter of 2024 compared to the third quarter of 2023 is mainly the result of decreased oil production at Block LLA-34 and Cabrestero Block in the Southern Llanos Basin as a result of increased downtime."