Parex Resources Inc.

Parex Resources Inc. is a Canada-based independent oil and gas company primarily engaged in the exploration, development, production, and marketing of oil and natural gas. The company's mission is to responsibly develop resources to fuel social and economic development, with a strong focus on Colombia. Its corporate headquarters are located in Calgary, Alberta, Canada, complemented by an operating office in Bogotá, Colombia.

Parex Resources concentrates its operations on conventional oil and gas production within Colombia, holding key assets across the Llanos, Magdalena, and Putumayo Basins. The company is recognized as the largest independent oil and gas producer in Colombia.

In recent developments, Parex Resources completed the acquisition of Frontera Energy Corporation's Colombian exploration and production assets in June 2026, solidifying its position as Colombia's largest independent oil and gas producer. The company's leadership includes Imad Mohsen as President & CEO, with Glenn McNamara assuming the role of Board Chair in May 2026. Parex is also noted for its strong financial health, characterized by a robust balance sheet and a commitment to returning capital to shareholders through dividends and share buybacks, while focusing on cost control and project optimization.