PXT.TO - Parex Resources Inc.

Parex Resources Inc.

West Tower
2700 Eighth Avenue Place 585 8 Avenue SW
Calgary, AB T2P 1G1
Canada

https://www.parexresources.com

Sector(s): Energy
Industry: Oil & Gas E&P
Full Time Employees: 428

Key Executives

Name	Title	Pay	Exercised	Year Born
Mr. Imad Mohsen	Pres, CEO & Director	1.52M	N/A	1974
Mr. Kenneth G. Pinsky CA, CFA	CFO & Corp. Sec.	702.26k	N/A	1963
Mr. Eric Furlan	Chief Operating Officer	705.12k	N/A	N/A
Mr. Michael Kruchten	Sr. VP of Capital Markets & Corp. Planning	606.12k	N/A	N/A
Mr. Daniel Ferreiro	Pres of Parex Resources Colombia & Country Mang.	913.49k	N/A	N/A
Mr. Ryan W. Fowler	Sr. VP of Exploration & Bus. Devel.	N/A	N/A	N/A
Mr. Joshua Share	Sr. VP of Corp. Services	N/A	N/A	N/A
Mr. Cam Grainger	Controller	N/A	N/A	N/A

Amounts are as of December 31, 2022 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in CAD.

Description

Parex Resources Inc. engages in the exploration, development, production, and marketing of oil and natural gas in Colombia. The company's principal land holdings and exploration blocks are in Colombia Llanos and Magdalena Basin. It has 55% working interest in Block LLA-34; 100% working interest in Cabrestero Block; and 50% working interest in Capachos Block and Block VIM-1. The company was incorporated in 2009 and is headquartered in Calgary, Canada.

Corporate Governance

Parex Resources Inc.’s ISS Governance QualityScore as of May 1, 2023 is 7. The pillar scores are Audit: 4; Board: 9; Shareholder Rights: 1; Compensation: 7.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.