PA Resources’ Production Report for April, 2013

Average production of oil per day*

(barrels per day) Year to date,
2013
April,
2013
West Africa 4,700 4,200
North Africa 1,900 1,900
Group Total 6,600 6,100

* 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 continue to be affected by intermittently unstable flowing conditions on a number of wells.
  • As previously advised in the Q1 report, having exceeded expectations, production at the Aseng field has come off plateau and is affected by limitations on the production vessel’s gas handling capacity. The field is now performing within the range of expectations.

Stockholm, 7 May 2013
PA Resources AB (publ)

For queries, please contact:
Bo Askvik, President and CEO, PA Resources
+46 708195918

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 7 May 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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