Parex Resources Inc. provided production guidance for the third quarter and full year of 2022. For the quarter, the company expects production to be in the range of average 53,000 boe/d and 55,000 boe/d.

For the year, the company expects production to be in the range of 54,000 boe/d and 56,000 boe/d, with a projected exit rate of over 60,000 boe/d.