PA Resources AB

About Us

PA Resources AB 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, 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 2,154 million during 2011. The company is listed on the NASDAQ OMX in Stockholm, Sweden (segment Mid Cap).

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Danish Licences extended

Mon, Jun 25, 2012 08:30 CET

The Danish Energy Agency has extended by two years Licence 12/06 operated by PA Resources with a 64% working interest and Licence 9/06 (‘Gita’) in which PA Resources holds a 26.8% working interest. PA Resources has elected to withdraw from Licence 9/95 (‘Maja’).The PA Resources-operated Licence 12/06 (64%) which contains the Broder Tuck gas/condensate discovery and Lille John oil discovery resulting from the successful 2011 drilling campaign has now been extended until May 2014. Planning has commenced for a well appraising the Lille John shallow oil discovery, commencing with the award of a

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Danish Licences extended

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