VIM-1
Magdalena
Continuing gas development with ongoing drilling and exploration activities, alongside expansion of the gas sales strategy
100% working interest
Learn more about our operations across Colombia
Parex is focused on delivering safe, reliable production and exploration in Colombia.
Learn more about our operations across the Llanos, Magdalena, and Putumayo basins below.
VIM-1
Magdalena
Continuing gas development with ongoing drilling and exploration activities, alongside expansion of the gas sales strategy
Casabe & Llanito
Magdalena
With low upfront capital for near-term production, focused on the implementation and optimization of secondary and enhanced oil recovery methods
Capachos
Llanos
Leveraging multi-zone potential in an area that has superior reservoir quality and attractive royalty structure
50% working interest; partnership with Ecopetrol
Foothills Trend
Llanos
Exploring for gas and liquids in a world-class resource trend; well-positioned with best-in-class prospects, strategic infrastructure, and an attractive gas market
50% working interest; partnership with Ecopetrol
Cabrestero
Llanos
With technology investments complete, focused on the maintenance of the water & polymer flood to maximize recovery factor, minimize decline rate, and generate strong free cash flow
LLA-34
Llanos
Focused on optimization, waterflooding, and polymer injection to maximize recovery factor, minimize decline rate, and generate strong free cash flow
Quifa
Llanos
Sizable, long-term heavy crude asset, where enhanced oil recovery experience is expected to be leveraged
CPE-6
Llanos
Heavy crude oil asset, with expansion opportunities with technology implementation under evaluation
Guatiquia
Llanos
Medium crude oil asset, which is a strategic asset near proximity of core Southern Llanos production
Putumayo
Orito, Area Sur, Occidente and Nororiente Blocks
Sizable and underexploited area where proven technology strategy can be utilized to increase production, enhance recovery, and add reserves
100% working interest
Future Outlook: Gas cycling expected to be used as a template for future expansions in the VIM basin, Northern Llanos and Llanos Foothills
With low upfront capital for near-term production, focused on the implementation and optimization of secondary and enhanced oil recovery methods
50% working interest; partnership with Ecopetrol
Leveraging multi-zone potential in an area that has superior reservoir quality and attractive royalty structure; building block for Arauca and LLA-38 development
50% working interest; partnership with Ecopetrol
Future Outlook: Capture incremental growth for optimization and recomplete opportunities, as well as execute near-field exploration
Exploring for gas and liquids in a world-class resource trend; well-positioned with best-in-class prospects, strategic infrastructure, and an attractive gas market; partnered with Ecopetrol
50% working interest; partnership with Ecopetrol
Future Outlook: With the high-potential part of the trend captured, vision is to be continuously drilling in the region
With technology investments complete, focused on the maintenance of the water & polymer flood to maximize recovery factor, minimize decline rate, and generate strong free cash flow
100% working interest
Future Outlook: Applying waterflood injection and horizontal wells for increased EUR and reduced decline rate
Focused on optimization, waterflooding, and polymer injection to maximize recovery factor, minimize decline rate, and generate strong free cash flow; GeoPark holds the remaining working interest
55% working interest; GeoPark holds the remaining working interest
Future Outlook: Applying waterflood injection and horizontal wells for increased EUR and reduced decline rate
Sizable, long-term heavy crude asset, where enhanced oil recovery experience is expected to be leveraged; Ecopetrol holds the remaining working interest
60% working interest; Ecopetrol holds the remaining working interest
Heavy crude oil asset, with expansion opportunities with technology implementation under evaluation
100% working interest
Medium crude oil asset, which is a strategic asset near proximity of core Southern Llanos production
100% working interest
Sizable and underexploited area where proven technology strategy can be utilized to increase production, enhance recovery, and add reserves; partnered with Ecopetrol
Onstream: Initial redevelopment
activity began in 2025
*Based on most recent guidance (see May 12, 2026, news release)
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Ms. Bernard joined Parex in 2021 and is currently the Senior Vice President, New Ventures, leading a cross-functional team to identify and evaluate new business opportunities within and outside of Latin America. With over 29 years of industry experience, Ms. Bernard has built an extensive background in negotiating and managing upstream commercial agreements and contracts for E&P companies, including accountabilities for all relevant new business development, new ventures and commercial issues with partners, governments, and competitors.
Prior to joining Parex in 2021, Ms. Bernard held roles of increasing responsibility with Shell International Exploration & Production, where she contributed to both new business development and the communication of the overall strategic direction for RDS Group and its Upstream International business to the external community. She has also held roles with several international companies including CEPSA, Moore Stephens, and Amec.
Ms. Bernard holds a Masters of Science in Economics and a Bachelor of Arts Honors degree in Geography from the University College of London. In addition, Ms. Bernard holds a Non-Executive Director Diploma having completed the Pearson SRF BTEC Board Director Program.