Average production of oil per day*
(barrels per day) Year to date, May,
2013 2013
West Africa 4,500 3,900
North Africa 800 800
Group Total 5,300 4,700
* Production based on Working Interest, which is PA Resources’ share of the
total gross production of the oil fields before deduction of royalty and taxes
etc. Production figures are preliminary.
· Subject to the necessary approvals, PA Resources working interest in Didon
is reducing from 100% to 30% through the announced transaction with EnQuest.
Production from the Didon field in Tunisia is now reported net to PA Resources
30% interest and year to date numbers have been retrospectively adjusted to a
30% interest as from the effective date of 1 January 2013.
· Production rates at Azurite field continue to be affected by unstable
flowing conditions.
· As previously advised production at the Aseng field has come off plateau and
is affected by limitations on the production vessel’s gas handling capacity.
Stockholm, 5 June 2013
PA Resources AB (publ)
For queries, please contact:
Tomas Hedström, CFO, PA Resources
+46 8 545 211 56
PA Resources AB (publ) 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 2,184 million in 2012. The share
is listed on the NASDAQ OMX in Stockholm, Sweden. 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 08.30 am CET on 5 June 2013
