Parex Resources Inc. announced that Mr. Curtis Bartlett and Mr. Ron Miller have provided notice to the company that they will not stand for re-election as directors at the 2020 AGM. The company has nominated Mr. Sigmund Cornelius for election to its Board of Directors at the AGM. Currently, Mr. Cornelius serves as President and Chief Operating Officer of Freeport LNG Development L.P. From 1980 to 2010, he held various management and senior positions at ConocoPhillips Company, retiring as Chief Financial Officer in 2010. Mr. Cornelius is currently a member of the board of CARBO Ceramics Inc.