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Parex production inches up, eyes increased Capex

Wednesday, May 11th, 2016 Category: Company News
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Parex production inches up, eyes increased Capex

Parex Resources (TSX:PXT) said that its 1Q2016 production grew 8% year-over-year to 28,900boed, and that oil prices are reaching a point where it can consider increasing its 2016 Capex spending.

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