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Parex Resources Inc. (PXT.TO)

Toronto - Toronto Real Time Price. Currency in CAD
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23.04-0.18 (-0.78%)
At close: 04:00PM EDT

Parex Resources Inc.

West Tower
2700, Eighth Avenue Place 585 8 Avenue SW
Calgary, AB T2P 1G1
Canada
403-265-4800
https://www.parexresources.com

Sector(s)Energy
IndustryOil & Gas E&P
Full Time Employees449

Key Executives

NameTitlePayExercisedYear Born
Mr. Imad MohsenPresident, CEO & Director1.57MN/A1974
Mr. Sanjay Bishnoi Ph.D.CFO & Corporate Secretary487.97kN/A1975
Mr. Eric FurlanChief Operating Officer755.88kN/AN/A
Mr. Michael KruchtenSenior Vice President of Capital Markets & Corporate Planning659.67kN/AN/A
Mr. Daniel FerreiroPresident & Country Manager of Parex Resources (Colombia) Ltd.1.07MN/AN/A
Steven EirichInvestor Relations & Communications AdvisorN/AN/AN/A
Mr. Joshua ShareSenior Vice President of Corporate ServicesN/AN/AN/A
Mr. Cam GraingerControllerN/AN/AN/A
Amounts are as of December 31, 2023 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, 2024 is 7. The pillar scores are Audit: 5; Board: 8; 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.