Parallax Energy.

Parallax Energy is a Calgary exploration and production company formed in partnership with Carnelian Energy Capital. It operates a 75% working interest in about 300,000 gross acres in Alberta's East Shale Duvernay, focused on light oil and natural gas liquids, with its own oil batteries, gas processing and water disposal facilities. Carlyle-backed Avenrock Energy agreed to acquire it in September 2026.^[1]