Brief: Parex Resources Says Expects Its Q4 2023 Average Production To Exceed 60,000 Boe/D

Parex Resources

03/08/2023 24:42

Aug 2 (Reuters) - Parex Resources Inc  PXT.TO :
    * PAREX RESOURCES ANNOUNCES SECOND QUARTER RESULTS,
DECLARATION OF
Q3 2023 DIVIDEND, AND OPERATIONAL UPDATE
    * QTRLY $121 MILLION OF CAPITAL EXPENDITURES VERSUS $126
MILLION
    * EXPECTS ITS Q4 2023 AVERAGE PRODUCTION TO EXCEED 60,000
BOE/D
    * UPDATES 2023 ANNUAL AVERAGE PRODUCTION GUIDANCE RANGE FROM
57,000-63,000 BOE/D TO 54,000-57,000 BOE/D
    * QTRLY NET INCOME PER SHARE - BASIC $0.95
    * UPDATING ITS 2023 CAPITAL EXPENDITURE GUIDANCE TO $450-475
MILLION,

Source text for Eikon:  ID:nGNXbzXZ6F 
Further company coverage:  PXT.TO 

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