PA Resources Production Report for October 2011
Average production of oil per day*
| (barrels per day) | Year to Date 2011 | October 2011 |
| West Africa | 5,100 | 3,800 |
| North Africa | 3,400 | 3,100 |
| Group Total | 8,500 | 6,900 |
* Production based on Working Interest, which is PA Resources’ share of the total gross production on the oil fields before deduction of royalty and other taxes. Production figures are preliminary.
- The production in Tunisia and the Republic of Congo was not affected by any direct activities at the fields during the month.
- The commissioning of the Aseng Field in Equatorial Guinea is ongoing as planned.
Stockholm, 8 November 2011
PA Resources AB (publ)
For additional information, please contact:
Bo Askvik
President and CEO, PA Resources AB
Mobile: +46 70 819 59 18
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 producing oil in West Africa and North Africa. 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 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 08.45 CET on 8 November 2011.
Tags: