Parex Announces Ecopetrol Block Partnership, GHG Emissions Intensity Reduction Targets & Implements Quarterly Dividend

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Jul 07, 2021

Figure 1: Location of Parex existing block (Capachos) and newly acquired farm-in Blocks (Arauca & LLA-38) in the Northern Llanos Basin.

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The prolific Arauca province contains significant development and established infrastructure to support growth. Total cumulative production to date from the Arauca province is approximately 1.5 billion barrels. (Source: SierraColEnergy.com)