TSX:PXT (PAREX RESOURCES INC)

About PXT

Parex Resources Inc engages in exploration, development, and production of crude oil. The company brings technology utilized in the Western Canada Sedimentary Basin to South American basins with large oil-in-place potential. Majority of the company's properties are focused in Colombia, where it pays a royalty or tax to the government for its operations. Parex depends on a team of geologists and geophysicists, in partnership with technologies such as 3D seismic surveying, to help exploration efforts. Oil production is sold to a small basket of participants in South and North America.
  • PAREX RESOURCES INC (TSX: PXT) Latest News

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    Investing

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    Investing

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    Investing in oil has been a soul-crushing endeavor for years. There is blood in the streets, but you have to…

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    Energy Stocks

    1 Top Canadian Oil Stock to Buy Regardless of the Oil Price Collapse

    Parex Resources Inc. (TSX:PXT) is a solid contrarian play to profit from the latest oil price collapse.

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