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.