Parex Resources Inc. (PXT.TO)

21.45 -0.17 (-0.79%) 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

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.