Parex Resources Inc. (PXT.TO)

21.32 -0.27 (-1.25%) At close: 04:00PM EDT

Parex Resources Inc.

West Tower
2700, Eighth Avenue Place 585 8 Avenue SW
Calgary, AB T2P 1G1
Canada
403-265-4800
https://www.parexresources.com

Sector(s): Energy
Industry: Oil & Gas E&P
Full-time employees: 449

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Imad Mohsen	President, CEO & Director	1.57M	N/A	1974
Mr. Sanjay Bishnoi Ph.D.	CFO & Corporate Secretary	487.97k	N/A	1975
Mr. Eric Furlan	Chief Operating Officer	755.88k	N/A	N/A
Mr. Michael Kruchten	Senior Vice President of Capital Markets & Corporate Planning	659.67k	N/A	N/A
Mr. Daniel Ferreiro	President & Country Manager of Parex Resources (Colombia) Ltd.	1.07M	N/A	N/A
Steven Eirich	Investor Relations & Communications Advisor	N/A	N/A	N/A
Mr. Joshua Share	Senior Vice President of Corporate Services	N/A	N/A	N/A
Mr. Cam Grainger	Controller	N/A	N/A	N/A

Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in CAD.

Description

Parex Resources Inc. engages in the exploration, development, production, and marketing of oil and natural gas in Colombia. The company's principal land holdings and exploration blocks are in Colombia Llanos and Magdalena Basin. It has 55% working interest in Block LLA-34; 100% working interest in Cabrestero Block; and 50% working interest in Capachos Block and Block VIM-1. The company was incorporated in 2009 and is headquartered in Calgary, Canada.

Corporate governance

Parex Resources Inc.’s ISS governance QualityScore as of 1 June 2024 is 6. The pillar scores are Audit: 5; Board: 7; Shareholder rights: 1; Compensation: 7.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.