PA Resources board of directors approves balance sheet for liquidation purposes

PA Resources AB’s board of directors have approved a balance sheet for liquidation purposes to be presented at the extra general meeting (second meeting for liquidation purposes) to be held in Stockholm 27 October 2015. The balance sheet, based on the company’s financial position at the end of the third quarter 2015 without adjustment, will show that PA Resources AB has an equity of SEK 38 million which is in excess of the SEK 11 million in registered share capital and as a result will not be forced into mandatory liquidation.

Stockholm 26 October, 2015
PA Resources AB (publ)

For additional information, please contact:

Petter Hjertstedt, Investor Relations
Phone:   +46 8 545 211 50
E-mail:   ir@paresources.se

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), United Kingdom, Denmark, Netherlands and Germany. PA Resources has oil production in Tunisia. The parent company is located in Stockholm, Sweden. PA Resources’ net sales amounted to SEK 603 million in 2014. 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 08:45 CET 26 October 2015.