Wayne Kim Foo, a Senior Officer, disposed of 300,000 Common Shares on a control or direction basis for registered holder 2027395 Alberta Ltd. at a price of $16.000 on October 13th, 2017. This represents a $4,800,090 divestment of the company's shares and an account share holdings change of -100.0%.
Parex Resources is in the Oil & Gas Exploration and Production Sub Industry Group under the Energy Sector.
Parex Resources, Inc. is a Canada-based oil and gas company. The Company is engaged in crude oil exploration, development and production in Colombia. The Company's segments include Canada and Colombia. The Company, through its foreign subsidiaries, holds interests in onshore exploration and production blocks totaling approximately 1,870,120 gross acres. The Company's annual oil production is approximately 27,430 barrels per day. The Company's principal land holdings and interests in exploration and production blocks held by its subsidiaries include LLA-16, 20, 29 and 30; LLA-57; Los Ocarros; El Eden; Cabrestero; LLA-40; LLA-24; LLA-26; Cebucan; LLA-32; LLA-10, which are located in Colombia Llanos Basin; VMM-11; Morpho; VIM-1, and VMM-9, which are located in Colombia Magdalena Basin. Its subsidiaries include Parex Resources Colombia, Ltd., Ramshorn International Limited and Parex Resources (Trinidad), Ltd., which are engaged in oil and natural gas exploration and development.
No Comments