PA Resources receives provisional licence award in UK 28th Round


PA Resources announces that it has been successful in the UK’s 28th Seaward
Licensing Round and has been provisionally awarded Blocks 22/18c and 22/19d as
part of a group comprising of PA Resources (25 percent), E.On (40 percent),
Cairn Energy’s wholly-owned subsidiary Nautical Petroleum (25 percent) and First
Oil and Gas (10 percent). The awarded blocks lie adjacent to PA Resources’ Block
22/19a which contains an undeveloped gas and condensate discovery. Whilst PA
Resources operated the UK 28th Round licence evaluation and application, E.On
will assume operatorship on award. Blocks 22/18c and 22/19d contain the large
Ekland prospect on which the group has bid a firm exploration well in the
initial four year licence term.

Stockholm 13 November, 2014
PA Resources AB (publ)

For additional information, please contact:

André Strömgren, Head of Group Treasury & Investor Relations
Phone:   +46 8 545 211 50
E-mail:   ir@paresources.se

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, 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 1,049 million in 2013. 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 13 November 2014.

Attachments

11127063.pdf