Tag: Parex

Parex provides reserves update after transactions

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BOGOTÁ, COLOMBIA (By Ana Sanches, Energy Analytics Institute, 30.Jul.2026, Words: 108) — Parex Resources Inc., accounting for transactions that occurred in 2026, presented its reserves on a combined basis using the GLJ reports for the Parex assets, Frontera assets, and Magdalena assets (Casabe & Llanito).  RELATED: PAREX’ SUCCESS AT LLA-111 […]

PRESS DIGEST 3 APR. 2026: Petrobras on Tupi; Parex info. circular; EU on Delcy sanctions 

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MONTERREY, MEXICO (By editors with Energy Analytics Institute, 3.Apr.2026, Words: 377) — The following briefs are compiled from varied media outlets across the Latin America and Caribbean (LAC) region and beyond and span company details on PETROBRAS, Parex and Frontera Energy, among others. Energy Analytics Institute (EAI) has not verified all […]

Frontera files and mails information circular related to Parex arrangement plan

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CALGARY, AB (By Frontera, 2.Apr.2026, Words: 838) — Frontera Energy Corporation filed its management information circular (the “Arrangement Circular“) in connection with Frontera’s upcoming special meeting (the “Special Meeting“) of the holders (the “Shareholders“) of Frontera’s common shares (the “Shares“) to be held on 30 Apr. 2026 at 10:00 a.m. (Eastern […]

Frontera says Parex offer superior to previously announced Geopark transaction

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CALGARY, AB (By Frontera, 5.Mar.2026, Words: 298) — Frontera Energy Corporation said its’ board of directors, in consultation with its external legal counsel and independent financial advisors, has determined that the binding offer received from Parex Resources Inc. to acquire all of Frontera’s upstream Colombian exploration and production business constitutes a “superior proposal.”  […]

Parex Comments on Production Strategy [PDF Download]

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(Energy Analytics Institute, 30.Sep.2023) — Parex Resources said in late Sep. 2023 that its production strategy and approach were focused on three key things. First, minimizing decline rates and maximizing net present value; Second, enhanced oil recovery (EOR) and leveraging horizontal drilling, waterflood injection and gas reinjection; and Third, unlocking […]

Parex Looks to Unlock Colombian Assets [PDF Download]

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(Energy Analytics Institute, 31.Mar.2022) — Parex Resources is focused on further unlocking its Colombian asset portfolio through technology, the company said 31 March 2022 in a corporate presentation on its website. Key highlights from the presentation include: — First-mover advantage: acreage to explore, secured rigs and long-lead items, and strengthened […]

Parex, Ecopetrol Winners In Colombia Round

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(Reuters, Oliver Griffin, 5.Dec.2019) — Companies including Canada’s Parex Resources and Ecopetrol SA won contracts to operate oil blocks in Colombia’s auction round on Thursday, as the Andean nation seeks to reinvigorate its petroleum sector. Ecopetrol and its subsidiary Hocol SA, Frontera Energy Corp and Amerisur Resources Plc were all […]

Colombia Oil Reserves Up 9.9% In 2018; Gas Reserves Decline

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(Reuters, 13.May.2019) — Colombia’s crude oil reserves were up 9.9% to 1.96 billion barrels at the end of last year, as efforts to increase exploration, production and reserves paid dividends for the Andean country. At 2018 production levels the reserves are equivalent to 6.2 years of output, the Energy Ministry […]