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PA Resources AB Provides Production Report for Quarter three, 2011
Monday, Oct 10, 2011

Production supported operating Interest, that is PA Resources’ share of the full gross production on the oil fields before deduction of royalty and different taxes. Production figures area unit preliminary.

    Total boring, Quarter 3, 2011: 721,400 barrels
    Average sales worth, Quarter 3, 2011: 106 USD per barrel (preliminary)
    West Africa: The operator has conducted well testing at the Azurite Field within the Republic of Congo in September and knowledge from these tests are going to be incorporated into the continued revision of the field’s production model. the assembly has continued  to decrease throughout the month and was solely slightly plagued by the well testing.
    North Africa: The Demon Field in African nation made from 2 wells in September and intermittently from a 3rd well.

Stockholm, seven Oct 2011
PA Resources AB (Publ)

PA Resources AB(Publ) is a world oil and gas cluster with the business strategy to accumulate, develop, exploit and divest oil and gas reserves, yet as explore new findings. The cluster operates in African nation, Republic of Congo (Brazzaville), Spanish Guinea, uk, Denmark, Greenland, Netherlands and Germany. PA Resources is one in all the larger oil producers in African nation and is additionally manufacturing oil within the Republic of Congo. The parent company is found in national capital, Sweden.

Source: Business Wire

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