Parallel Petroleum Corporation, often referred to as Parallel, is a prominent player in the oil and gas industry, headquartered in the United States. Founded in 1997, the company has established a strong presence in key operational regions, focusing primarily on exploration and production activities. Specialising in the development of oil and natural gas resources, Parallel Petroleum is recognised for its innovative approaches to resource extraction and management. The company’s commitment to sustainability and efficiency sets it apart in a competitive market. With a solid track record of growth and strategic acquisitions, Parallel has achieved notable milestones, positioning itself as a reliable partner in the energy sector. Its core services include drilling, production optimisation, and asset management, all aimed at maximising value while minimising environmental impact.
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