Parex Resources Inc. provided production guidance for third quarter 2022. For the quarter, average production is estimated to be 51,100 boe/d(1), up approximately 8% from Third Quarter 2021 and consistent with Second Quarter 2022. Third quarter 2022 average production varied from Management's guidance of 53,000 to 55,000 boe/d(4) due to delays from the unplanned testing of new zones, operational and weather-related setbacks, as well as temporary localized blockades.