Parex Resources (TSE:PXT) said it is moving through a major expansion in Colombia, with management outlining a series of acquisitions, partnerships and drilling programs that it expects will nearly double the company’s production base and make it the country’s largest independent exploration and production company.
On the company’s earnings call, President and Chief Executive Officer Imad Mohsen said Parex executed “a series of strategic transactions” in the first half of 2026 intended to increase scale, expand the company’s portfolio and improve the durability of its business.
