CALGARY, Alberta, May 08, 2019 (GLOBE NEWSWIRE) -- Parex Resources Inc. (“Parex” or the “Company”) (TSX:PXT), a company headquartered in Calgary, Alberta and focused on Colombian oil exploration and production is pleased to announce that on May 8, 2019 it held its annual general meeting of shareholders (the "Meeting") and all matters presented for approval have been fully authorized and approved.

At the Meeting, shareholders approved the election of ten nominees as directors of Parex to serve until the next annual meeting of shareholders or until their successors are elected or appointed. The results of the ballot were as follows:

  Number Percentage 
 Curtis Bartlett113,805,377 99.28% 
 Lisa Colnett114,623,027 99.99% 
 Robert Engbloom111,001,011 96.83% 
 Wayne Foo110,876,614 96.72% 
 G. R. (Bob) MacDougall114,628,386 100.00% 
 Glenn McNamara113,694,281 99.18% 
 Ron Miller113,542,622 99.05% 
 Carmen Sylvain114,120,174 99.55% 
 David Taylor114,147,712 99.58% 
 Paul Wright112,983,698 98.56% 

In addition, a non-binding advisory resolution concerning the Company's approach to executive compensation was approved. The results of the ballot were as follows:

 Number Percentage 
 112,128,469 97.82% 

Full voting results are available by clicking here and the Meeting webcast can be accessed at

For more information please contact:

Mike Kruchten
Senior Vice-President Capital Markets and Corporate Planning
Parex Resources Inc.
Phone: (403) 517-1733

Not for distribution to US Newswire Services or for dissemination in the United States

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