PA Resources’ Production Report for February, 2013

Average production of oil per day*

(barrels per day) Year to date,
2013
February,
2013
West Africa 4,900 4,700
North Africa 2,000 2,000
Group Total 6,900 6,700

* Production based on Working Interest, which is PA Resources’ share of the total gross production of the oil fields before deduction of royalty and taxes etc. Production figures are preliminary.

  • Production rates at Azurite field were lower than expected due to intermittently unstable flowing conditions on a number of wells, which also caused brief unscheduled outages on the multi-phase pump used to lift oil and water to the production vessel.

Stockholm, 6 March 2013
PA Resources AB (publ)

For queries, please contact:
Bo Askvik, President and CEO, PA Resources
+46 8 545 211 50

PA Resources AB (publ) is an international oil and gas group which conducts exploration, development and production of oil and gas assets. The Group operates in Tunisia, Republic of Congo (Brazzaville), Equatorial Guinea, United Kingdom, Denmark, Greenland, Netherlands and Germany. PA Resources is producing oil in West Africa and North Africa. The parent company is located in Stockholm, Sweden. PA Resources’ net sales amounted to SEK 2,184 million in 2012. The company is listed on the NASDAQ OMX in Stockholm, Sweden. For additional information, please visit www.paresources.se.

The above information has been made public in accordance with the Securities Market Act and/or the Financial Instruments Trading Act. The information was published at 08.30 am CET on March 2013.

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About Us

PA Resources AB is an international oil and gas group which conducts exploration, development and production of oil and gas assets. The Group operates in Tunisia, Republic of Congo (Brazzaville), Equatorial Guinea, United Kingdom, Denmark, Greenland, Netherlands and Germany. PA Resources is producing oil in West Africa and North Africa. The parent company is located in Stockholm, Sweden. PA Resources’ net sales amounted to SEK 2,154 million during 2011. The company is listed on the NASDAQ OMX in Stockholm, Sweden (segment Mid Cap).

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