Mr. Mike Kruchten reports
PAREX RESOURCES ANNOUNCES PRODUCTION UPDATE AND TIMING OF Q2 2025 RESULTS
Parex Resources Inc. has released a production update and discussed its plan to release its Q2 2025 financial and operating results on July 30, 2025.
Q2 2025 production update
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Estimated Q2 2025 average production was 42,550 boe/d (barrels of oil equivalent per day);
- June, 2025, average production was approximately 43,950 boe/d; production growth was supported by previously disclosed positive exploration results and the successful start-up of the first follow-up horizontal well at LLA-74 in the Southern Llanos;
- In July, 2025, the company expects to ramp up production from its second follow-up horizontal well at LLA-74 and bring on stream the first well of the LLA-32 development campaign.
Q2 2025 conference call and webcast
Parex will host a conference call and webcast to discuss its Q2 2025 results on Wednesday, July 30, 2025, beginning at 9:30 a.m. MT (11:30 a.m. ET). To participate in the conference call or webcast, please see the access information below:
Conference ID: 5403995
Participant toll-free dial-in number: 1-646-307-1963
Participant dial-in number: 1-647-932-3411
About Parex Resources Inc.
Parex is one of the largest independent oil and gas companies in Colombia, focusing on sustainable, conventional production. The company's corporate headquarters are in Calgary, Canada, with an operating office in Bogota, Colombia. Parex shares trade on the Toronto Stock Exchange under the symbol PXT.
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