Parex Resources Announces Timing of Q1 2024 Results, Annual General Meeting, and Foothills Investor Presentation

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CALGARY, Alberta, April 23, 2024 (GLOBE NEWSWIRE) — Parex Resources Inc. (“Parex” or the “Company”) (TSX: PXT) is pleased to announce that it plans to release its Q1 2024 financial and operating results on Wednesday, May 8, 2024, hold its Annual General and Special Meeting of Shareholders on Thursday, May 9, 2024, and host an investor presentation providing an overview of the Llanos Foothills Trend on Tuesday, April 23, 2024.

Q1 2024 Results – Conference Call & Video Webcast

Parex will release its Q1 2024 financial and operating results after markets close on Wednesday, May 8, 2024.

The Company plans to host a conference call and video webcast to discuss its Q1 2024 results on Thursday, May 9, 2024, beginning at 9:30 am MT (11:30 am ET). To participate in the conference call or video webcast, please see the access information below:

Conference ID: 1 335 335
Participant Toll-Free Dial-In Number: 1-888-550-5584
Participant International Dial-In Number: 1-646-960-0157
Webcast: https://events.q4inc.com/attendee/326628133


Annual General & Special Meeting of Shareholders

On Thursday, May 9, 2024, Parex will hold its Annual General and Special Meeting of Shareholders at 11:00 am MT (1:00 pm ET) both in-person and virtually. Participants may gather at the 4th Floor Conference Center, Eight Avenue Place, East Tower, 525, 8th Ave SW, Calgary, Alberta – and virtual participants can join through the following link: https:meetnow.global/MFWYXAV.

Additional information regarding the Annual General and Special Meeting, including meeting materials, can be found at www.parexresources.com under Investors.

Colombia’s Llanos Foothills Trend – Investor Presentation

Parex will host an investor presentation on April 23, 2024, during which members of the Company’s senior leadership team will provide an overview of the Definitive Agreements to explore Colombia’s Foothills Trend, covering the agreement framework, geology, and strategy.

A copy of the presentation will be available at www.parexresources.com under Investors, and an audio replay will be available shortly following the conclusion of the event.

About Parex Resources Inc.

Parex is the largest independent oil and gas company in Colombia, focusing on sustainable, conventional production. The Company’s corporate headquarters are in Calgary, Canada, with an operating office in Bogotá, Colombia. Parex shares trade on the Toronto Stock Exchange under the symbol PXT.

For more information, please contact:

Mike Kruchten
Senior Vice President, Capital Markets & Corporate Planning
Parex Resources Inc.
403-517-1733
[email protected]

Steven Eirich
Investor Relations & Communications Advisor
Parex Resources Inc.
587-293-3286
[email protected]

PDF available: http://ml.globenewswire.com/Resource/Download/5d9a9265-6217-4e4b-9e1c-9e94c41ef136

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Katie Bernard

Senior Vice President, New Ventures

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.