Off-market insider buying at Parex Resources (PXT)

Off-market insider buying at Parex Resources (T:PXT)

Wayne Kim Foo, a Senior Officer, acquired 31,000 Common Shares on a direct ownership basis at a price of $22.110 through a private transaction on January 18th, 2024. This represents a $685,410 investment into the company's shares and an account share holdings change of 2.9%.

Parex Resources is in the Oil & Gas Exploration and Production Sub Industry Group under the Energy Sector.

Parex Resources Inc. is a Canada-based independent oil and gas company in Colombia, focusing on sustainable, conventional production. The company is engaged in the business of the exploration, development, production and marketing of oil and natural gas in Colombia. The Company is focused on development in two main basins: Llanos and Magdalena. All of the Company's oil production and 87% of the oil, natural gas and natural gas liquids (NGL) proved plus probable reserves are located in the Llanos Basin of Colombia with the remaining oil reserves and production located in the Magdalena Basin of Colombia.