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Carla exploration well commences in Block I, Equatorial Guinea

PA Resources advises that the Noble Energy-operated I-7 exploration well on the Carla South exploration prospect in Block I (PA Resources 5.7%) was spudded by the Atwood Hunter semi-submersible drilling rig just before Easter.The Carla South prospect lies on trend with the Carla North discovery recently appraised in Block O to the north of Block I in Equatorial Guinea. The target is Tertiary sandstones of similar age to those in the discovery to the north and the well is expected to take around 25 days to reach total depth, with plans for a subsequent sidetrack of similar duration. PA

PA Resources’ Annual Report for 2011 published

PA Resources’ Annual Report for 2011 has been published today and is available at www.paresources.se.The printed version of the Annual Report will be distributed as from week 16 to those who have notified their interest to ir@paresources.se or at telephone +46 (0) 8 545 211 50. For complete Annual report, see attached pdf-file. Stockholm, 30 March, 2012PA Resources AB (publ) For additional information, please contact: Carolina Haglund StrömlidIR Officer, PA Resources ABTel: +46 (0)8 545 211 50Mobile: +46 (0)708 80 71 73E-mail: ir@paresources.se PA Resources AB (publ)

Drilling of exploration well on Marine XIV completed

The exploration well Makouala Marine-1, located in Licence Marine XIV offshore the Republic of Congo (Brazzaville), has reached total depth at 2,700 meters. The well encountered hydrocarbons but only a modest pay thickness.The operator SOCO has announced that the Makouala Marine-1 (“MKM-1”) exploration well, spudded on 19th November 2011 in the Marine XIV Licence, offshore the Republic of Congo (Brazzaville) encountered hydrocarbons in the T’chala, Upper and Lower Sendji formation horizons. The MKM-1 well targeted the post-salt Sendji Formation reservoir within a four-way dip closed

PA Resources confirms oil discovery on Lille John prospect

The oil and gas group PA Resources has now completed its sidetrack of the Lille John well to a Chalk target but did not encounter effective reservoir. The sidetrack provided a second penetration of the Miocene sandstone level encountered in the original well, again oil-bearing and with improved reservoir quality compared to the initial penetration.The exploration sidetrack at the Lille John prospect in Danish Licence 12/06 has been drilled to a total depth of 1,307 meters below mean sea level. It encountered a modest thickness of highly-cemented Chalk with weak hydrocarbon indications, but

Exploration well at Lille John spudded

The oil and gas group PA Resources continues its drilling campaign in Licence 12/06 in the Danish North Sea with the commencement of drilling of an exploration well at the Lille John prospect.In July an exploration well was drilled on the Broder Tuck prospect on the Danish License 12/06 and gas and condensate was discovered. In August, a side track encountered additional hydrocarbons. The well has now been plugged and abandoned. The drilling rig ENSCO 70 has mobilized to the Lille John prospect, approximately 8 kilometres south of Broder Tuck, and the drilling of the second exploration

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