Parex Resources Inc.

10:52 AM EST - Parex Resources Inc. : Provided an operational update, highlighted by surpassing the production milestone of 50,000 barrels of oil equivalent per day ("boe/d"). Parex’ Q1 2019 average production is estimated at 51,200 boe/d compared to the Company's Q4 2018 average quarterly production of 49,300 boe/d. The company expects Q2 2019 production to average 52,000 boe/d. Parex Resources Inc. shares T.PXT are trading up $0.30 at $21.98.