11:52 AM EST - Parex Resources Inc. : provided an operational update. February 2013 month to date production has averaged approximately 14,500 barrels of oil per day ("bopd") compared to approximate production of 14,000 bopd for January 2013. Parex has recently entered into a one-month marketing contract to sell approximately five percent of the Company's operated production of light oil at a reference price of Brent less $14.50-16.50 per barrel compared to its 2013 guidance of Brent less $20.00 per barrel. Parex Resources Inc.
shares T.PXT are trading up $0.20 at $5.05.
