Highlights: Increased before-tax NPV10 for Proved reserves to U.S.$171 million representing NPV10 of C$1.49 per share.Increased before-tax NPV10 for Proved plus Probable reserves to U.S.$306.
The highlight of its exploration program will be the LLA-122, VIM-1 and LLA-38 drilling campaigns, described by Parex as "high-impact targets with transformational potential".