PA Resources President and CEO acquires shares

Bo Askvik, President and CEO of the oil and gas company PA Resources AB, has today acquired 100,000 shares in the company to a total value of 436,000 SEK.

Stockholm, 18 February 2011
PA Resources AB (publ)

For additional information, please contact:
Ann-Kristin Littorin
Head of Corporate Communication
PA Resources AB
Mobile: +46 (0)73 923 03 68
E-mail: info@paresources.se

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, Republic of Congo (Brazzaville), Equatorial Guinea, United Kingdom, Denmark, Greenland, Netherlands and Germany. PA Resources is one of the largest oil producers in Tunisia and is also producing oil in the Republic of Congo. The parent company is located in Stockholm, Sweden.
PA Resources’ net sales amounted to SEK 2,227 million during 2010. The company is listed on the NASDAQ OMX Nordic Exchange in Stockholm, Sweden (segment Mid Cap). 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 13.40 CET on 18 February, 2011.