The Board of Directors of the oil and gas company PA Resources AB has decided to appoint the CFO Bo Askvik to Executive Vice President of the Company.

Bo Askvik joined PA Resources AB in September 2007 when he was appointed as Chief Financial Officer (CFO). He is since then a member of the Executive Management Team. The search for a successor as CFO has been initiated.

Bo Askvik has extensive experience of international capital markets and as CFO of several listed companies.

 

Stockholm, 2 September 2009
PA Resources AB (publ)

 

For additional information, please contact:
Sven Rasmusson
Chairman of the Board in PA Resources AB
Telephone: + 46 8 440 54 30

 

 

PA Resources AB (publ) is an international oil and gas group with the business strategy to acquire, develop, exploit and divest oil and gas reserves, as well as explore new findings. The Group operates in Tunisia, United Kingdom, Denmark, Greenland, Netherlands, Equatorial Guinea and the Republic of Congo (Brazzaville). PA Resources is today one of the largest oil producers in Tunisia. The parent company is located in Stockholm, Sweden.
PA Resources' net sales amounted to SEK 2,420 Million during 2008. The company is primary listed on the Oslo Stock Exchange in Norway (segment OB Match) and secondary listed on the NASDAQ OMX Nordic Exchange in Stockholm, Sweden (segment Mid Cap). For additional information, please visit www.paresources.se.