Parex Resources Inc. provided production guidance for the Second quarter-to-date 2024 and Re-Confirmed production guidance for the full year 2024. Second quarter-to-date estimated average production is approximately 56,000 boe/d, reflecting strong base production from Cabrestero and LLA-34, initial Arauca production, and a successful restart of Capachos.

Full year 2024 average production guidance of 54,000 boe/d to 60,000 boe/d (57,000 boe/d midpoint) remain unchanged.