1、PAREX RESOURCES 2019 SUSTAINABILITY REPORTSUSTAINABILITY REPORT2019SUSTAINABILITY REPORT201910 YEARSIN COLOMBIAARAUCA-COLOMBIACAPACHOS FIELD PAREX RESOURCES0203SUSTAINABILITY REPORT2019LETTER BY LEE DISTEFANOLEE DISTEFANO President of Parex Colombia Ltd.BranchDuring the first ten years of existence
2、and presence in Colombia,Parex has faced significant challenges that have led the Company to understand the dynamics of the social,economic and cultural environment,and to adapt to the changes or conditions,always maintaining its creativity,optimism and,above all,its trust in the country and the tal
3、ent of its workers.That ability to adapt as a team,the stability achieved through a prudent management of corporate finance,the persistence of our human resource and the strong bonds of trust that we have built with our stakeholders,are what encourage us to carry on with our operations in a safe and
4、 responsible manner,and generating shared benefits with the regions and the country.In Parex sixth sustainability report,I would like to highlight the main achievements of the Company in 2019,since all of them are the basis for continuation in 2020.Our goal has and continues to be to contribute to t
5、he countrys energy self-sufficiency,its economic prosperity,and the improvement of the quality of life in the communities surrounding our operations.We want to continue to be an ally for the progress of the territories and their people.In terms of operations,in 2019 we increased the average producti
6、on of oil and natural gas,with a variation of 18.64%against 2018.We maintained significant exploration activity with 43 gross wells drilled and a total success rate of 97%.Additionally,with the expansion of our inventory areas,we now have new partners,we increased the presence of Parex in the depart