As previously communicated, the Board of Directors and management of PA
Resources are working on identifying and evaluating alternative refinancing
solutions to enable continued development of the Company’s prioritised assets.
The goal is to present a solution during the month of November 2012.
Since the Company’s financial position and earnings capacity are dependent on
the structure of the chosen financing solution, the Board of Directors has
decided to postpone publication of the interim report for the period
January–September 2012 until 30 November 2012 at the latest.
Stockholm, 24 October, 2012
PA Resources AB (publ)
For additional information, please contact:
Bo Askvik, President and CEO, PA Resources AB
+46 708 19 59 18, ir@paresources.se
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). 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 07.15 CET on 24 October, 2012.
