Production- and Sales Report for Q3, 2009
(Thomson Reuters ONE) - This report is a preliminary summary of PA Resources' total groupproduction and sales of crude oil during the third quarter 2009.Production of crude oil* Total gross oilproduction: 1,244,600barrels* Average gross oil production per day:13,500 barrels per day* Accumulated gross oil production January - September: 2,847,500barrels* Oil sales (excl. royalty): 730,600 barrels* Average salesprice: 64,52USD per barrelComments* Production at the Azurite field in the Republic of Congo commencedon 10 August 2009.* Oil is produced at seven fields in two regions; Tunisia in NorthAfrica and the Republic of Congo in West Africa.* The first lifting of oil from Azurite is taking place during thesecond week of October.* The gross production level exceeded 15,000 barrels per day at theend of the third quarter.* The production forecast remains unchanged - the average productionin 2009 is expected to amount tobetween 11,000 and 14,000 barrels of oil equivalents per day.Stockholm, 9 October 2009PA Resources AB (publ)For additional information, please contact:Ulrik JanssonPresident and CEO, PA Resources ABTelephone: +46 70 751 41 84, +46 8 21 83 82E-mail: info(at)paresources.seorBo AskvikExecutive Vice President and CFO, PA Resources ABTelephone: +46 70 819 59 18, +46 8 21 83 82PA Resources AB (publ) is an international oil and gas group with thebusiness strategy to acquire, develop, exploit and divest oil and gasreserves, as well as explore new findings. The Group operates inTunisia, United Kingdom, Denmark, Greenland, Netherlands, EquatorialGuinea and the Republic of Congo (Brazzaville). PA Resources is todayone of the largest oil producers in Tunisia. The parent company islocated in Stockholm, Sweden.PA Resources' net sales amounted to SEK 2,420 Million during 2008.The company is primary listed on the Oslo Stock Exchange in Norway(segment OB Match) and secondary listed on the NASDAQ OMX NordicExchange in Stockholm, Sweden (segment Mid Cap). For additionalinformation, please visit www.paresources.se.http://hugin.info/130006/R/1346579/323513.pdfThis announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.
Datum: 09.10.2009 - 08:46 Uhr
Sprache: Deutsch
News-ID 6744
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