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Company News

BRIEF-Parex Delivers 25% Self-Funded Production Growth In 2017

Jan 10 (Reuters) - Parex Resources Inc:

* PAREX RESOURCES INC - ESTIMATES THAT Q4 2017 PRODUCTION AVERAGED 39,000 BARRELS OF OIL EQUIVALENT PER DAY

* PAREX RESOURCES INC - EXPECT AVERAGE Q1 2018 PRODUCTION TO EXCEED 40,000 BOE/D

* PAREX DELIVERS 25% SELF-FUNDED PRODUCTION GROWTH IN 2017

* PAREX RESOURCES - ESTIMATE CO’S 2017 DEBT ADJUSTED PRODUCTION PER SHARE ANNUAL GROWTH EXCEEDED 25 PERCENT COMPARED TO 2016 Source text for Eikon: Further company coverage:

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