PA Resources’ Production Report for Q2 and June, 2013

Average production of oil, barrels per day*

* 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.

• Total oil production in Q2, 2013:                             435,100 barrels
• Average sales price in Q2, 2013:                            103 USD per barrel (preliminary)
• Subject to the necessary approvals, PA Resources working interest in the Didon field in Tunisia has reduced from 100% to 30% through the farm-out transaction with EnQuest. Hence, the production numbers have been retrospectively adjusted to a 30% interest as per 1 January 2013.
• As previously advised production at the Aseng field is affected by limitations on the production vessel's gas handling capacity. During June, production was also affected by a workover on a gas injection well, which caused a small further reduction of oil production rates.
• The production from the Didon field was shut down on 1 July to allow the Didon FSO vessel to under-go comprehensive recertification work programme plus upgrades. Production is estimated to be restarted in mid-September. This maintenance related production shortfall in Q3 is expected to be partly compensated by higher production in Q4.
  
  

Stockholm, 5 July 2013
PA Resources AB (publ)

For queries, please contact:

Tomas Hedström, CFO
+46 706534108

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, 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 share 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 8.30 a.m. CET on 5 July 2013.

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