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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

Comment by joebravoon Dec 06, 2024 7:03pm
28 Views
Post# 36350486

RE:I think it's would be wise to prepare for $65 oil.

RE:I think it's would be wise to prepare for $65 oil.I guess that's why you're not part of management. No offense CT.

They've already lowered the buybacks this year.

Parex will not buyback 100% of the NCIB but rather approx 56% of the total. 

We have a very professional and responsible management team here.  They are building shareholder value at very minimum risk.

As for Arantes, I believe it will be a commercial success. 
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