Parex Resources, Inc. engages in the exploration, development, and production of crude oil. The company is headquartered in Calgary, Alberta and currently employs 448 full-time employees. The company went IPO on 2009-11-12. The firm is engaged in the business of the exploration, development, production and marketing of oil and natural gas in Colombia. The firm is focused on development in two operations, such as Llanos and Magdalena.