Operations

Investor Presentation

View or print our latest presentation.

Download

Interactive Analyst Centre

View financial and operational information.

Explore

Investor Presentation

View or print our latest presentation.

Download

Interactive Analyst Centre

View financial and operational information.

Explore

Investor Presentation

View or print our latest presentation.

Download

Interactive Analyst Centre

View financial and operational information.

Explore

Investor Presentation

View or print our latest presentation.

Download

Interactive Analyst Centre

View financial and operational information.

Explore

Operations

Parex holds interests in approximately 2.3 million gross acres over 23 onshore blocks in Colombia’s Llanos and Magdalena Basins.

Explore our projects in Colombia!

Operations Highlights

Land Position
2.3 Million Gross Acres Over 23 Blocks

Properties

#
Property By Basin
Operated/Non Operated
Working Interest
Gross Acres(1)
  Llanos Basin
Cabrestero Operated 100% 7,605
Capachos(2) Operated 50% 64,073
CPO-11(2) operated 50 570,276
LLA-10 Operated 50% 189,544
LLA-16 Operated 100% 10,057
LLA-26 Operated 100% 93,376
LLA-29 Operated 100% 69,915
LLA-30 Operated 100% 117,322
LLA-32 Operated 87.5% 50,211
LLA-34 Non-operated 55% 63,530
LLA-40 Operated 100% 4,072
LLA-94(2) Operated 100% 89,175
Los Ocarros Operated 100% 30,562
Merecure(2) Operated 35% 141,527
  Lower Magdalena Basin
VIM-1 Operated 100% 223,651
  Middle Magdalena Basin
Aguas Blancas(2) Operated 50% 13,386
De Mares(2) Operated 50% 174,387
Fortuna(2) Operated 100% 26,205
Morpho Operated 100% 51,420
Boranda(2) Operated 50% 43,200
Sogamoso Operated 100% 3,695
VMM-9 Operated 100% 152,412
  Upper Magdalena Basin
VSM-25(2) Operated 100% 68,221

(1) Exploration properties deemed non-commercial will be relinquished in due course. Accordingly, the gross acres described above may decrease as non-commercial lands are relinquished.
(2) Lands are subject to farm-in agreement earning terms and/or regulatory approval.

Production
51,208 Boe/d (Q1 2019)

Annual average daily production

2P Reserves
185 Mmboe (2018YE)

Year End Reserves

December 31
2014
2015
2016
2017
2018
Proved +Probable (“2P”) Reserves (Mmboe)(1) 68 82 112 162 185
2P Reserve Life Index (years)(2) 7 8 10 11 10
After Tax PV10 (USD MM) 1,098 928 1,571 2,501 3,429

For additional reserves information, read our February 7, 2019 news release.

(1) Per the independent reserve reports prepared by GLJ Petroleum Consultants Ltd. effective December 31 of the reported year.
(2) Based on annualized fourth quarter production of the reported period.

Keep Up With Parex

Sign up to receive our news releases by email and keep up with new developments at Parex