PA Resources’ Production Report for Q4, 2014 Average

New Post Public Reply Private Reply Replies (0) Message Board
News Desk 2018
PA Resources’ Production Report for Q4, 2014

Average production of oil per day Working interest* Net Entitlement** (barrels per day) Q3 2014 Q4 2014 Q3 2014 Q4 2014 West Africa 2,400 2,240 1,900 1,780 North Africa*** 700 690 670 660 Group Total 3,100 2,930 2,570 2,440 * 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. ** Production based on Net entitlement, which is PA Resources’ share after the application of terms of the Production sharing contract. *** Subject to the necessary approvals, PA Resources working interest in the Didon field in Tunisia has been reduced from 100% to 30% through the farm-out transaction with EnQuest. The production figures above relates to the 30%. · Total oil production in Q4, 2014:                             270,000 barrels · Average sales price in Q4, 2014:                            72 USD per barrel (preliminary) · The newly installed D6 Electrical Submersible Pump failed after 11 weeks production. The production loss resulting from the failure was partly compensated by increased production from the D7 well. · PA Resources’ next production report to be issued on 8 April, 2015. Stockholm, 8 January 2015 PA Resources AB (publ) For queries, please contact: Tomas Hedström, CFO +46 8 545 211 50 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 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 8 January 2015.

Scroll down for more posts ▼

Top 10 Most Recent News Articles

PASCAL's Holiday Gift Edit: Timeless Watches Shine

Updated Category News Views 18

Fresh Sparkle for the Holidays Well, here we are again, staring down the barrel of another holiday season. And what do you know, PASCAL is out with its 2026 Holiday Gift Edit, like clockwork. This is the kind of stuff they’re good at—capturing a moment, slapping some color on it, and calling it a game-changer. Launching on November 14, this edit nods to their Timeless...

Continue Reading
ADI Global Faces Investor Investigation Over Major Write-Down

Updated Category News Views 83

Towering Goodwill Falls and Investor Scrutiny Well, let's dig into this mess ADI Global Distribution has found itself in. If you were hanging onto ADIG shares, your portfolio probably took quite the hit when they revealed a nasty $659 million goodwill write-down. Imagine opening up those financials and seeing about 62% of goodwill value wiped out overnight. Suddenly, that...

Continue Reading
First Horizon's $25M Bet: New Center Transforms Houston

Updated Category News Views 166

New Markets Tax Credits: A Game Changer First things first, if you're thinking this is some typical charitable write-off, think again. First Horizon Bank (NYSE: FHN) is deep in the mix of something pretty transformative in the world of finance and community support. They're not just throwing money at a problem and hoping it sticks. Nope, we're talking real strategy with a...

Continue Reading
JardogsHealth Taps Industry Titans for Growth Council

Updated Category News Views 202

JardogsHealth: A New Chapter with Strategic Insights You've got to admire when a company rounds up a top-tier brain trust. Such is the case with JardogsHealth, the healthcare AI outfit nestled in Hillsboro, Illinois, as they align their future alongside heavyweights who’ve maneuvered through multiple industries and come out thriving. Their brand-new council includes...

Continue Reading
WhiteHorse Set to Redeem Its 2028 Notes Completely

Updated Category News Views 98

WhiteHorse Finance Divests Its 7.875% Notes Well, WhiteHorse Finance is making some moves, folks. They're planning to redeem their 7.875% notes due in 2028, totaling a cool $34.5 million. This ain't just pocket change, especially with the way markets have been bobbing and weaving lately. The redemption is slated for December 15, 2026, when the notes will get delisted from...

Continue Reading
Optikos Secures CMMC Level 2, Eyeing Defense Market

Updated Category News Views 116

Optikos Levels Up with CMMC Certification In a world where cybersecurity threats are lurking around every corner, Optikos has just joined the rarefied ranks of the top 1% of U.S. defense suppliers by grabbing the CMMC Level 2 certification. Let me tell you, this isn't just some shiny badge for show; it's a gateway to big defense contracts. Crunching the Numbers Of the...

Continue Reading
vVARDIS Debuts on NYSE: Transforming Dental Care

Updated Category News Views 92

A New Chapter for Dental Tech Mark your calendars, folks. vVARDIS is stepping onto the New York Stock Exchange (NYSE) stage, waving the banner of NYSE:VVVV. Now, if you've ever sat in that squeaky dental chair feeling the dread of a drill, vVARDIS might just be the new hero in town. Founded by the dynamic duo, Dr. Haley and Dr. Goly Abivardi, they're on a mission to...

Continue Reading
AppLovin Faces Serious Investor Lawsuit Deadline

Updated Category News Views 162

Investors' Trust Shaken: The AppLovin Controversy Well, what do we have here? Another day, another hefty lawsuit coming down the pike. The spotlight’s on AppLovin Corporation (NASDAQ: APP), where the Hagens Berman law sharks are sniffing blood in the water over what they claim are federal securities law violations. The core of this legal storm swirls around AppLovin's...

Continue Reading
ACME's AI Innovation Shakes Up Filmmaking Scene

Updated Category News Views 63

The Game-Changer in Virtual Production You ever hear about the Grey Box™ phenomenon? Sounds like a sci-fi gizmo, right? Turns out, it's the real deal and ACME Media's been riding this revolutionary wave straight to the top of the film industry ladder. Their approach with this AI-driven gizmo isn't just about cutting-edge tech wizardry—it's reimagining how we shoot...

Continue Reading
Dana Concludes Tender Offers for Senior Notes

Updated Category News Views 124

An Investor's Glance at Dana's Strategic Moves Dana Incorporated (NYSE: DAN) just pulled a bold move with their tender offers, snapping up a hefty $357,873,000 in outstanding principal on their senior notes. This isn’t just pocket change; folks holding out for securities can feel the tension of watching big numbers get shuffled around. You gotta wonder, what's the play...

Continue Reading

Top 5 Most Recently Viewed Articles

American Psychological Foundation Celebrates First Direct Action Grant

Updated Category News Views 209

Celebrating the First Direct Action Visionary Grant Recipient The American Psychological Foundation (APF) is excited to announce a groundbreaking initiative aimed at supporting communities in urgent need of psychological care. The Direct Action Visionary Grant program is designed to empower psychologists and community organizations, providing them with the necessary...

Continue Reading
Ilegal Mezcal Launches Unique Reposado Caribbean Cask Finish

Updated Category News Views 189

Exciting New Release from Ilegal Mezcal Ilegal Mezcal is excited to unveil its latest creation, the Ilegal Reposado Caribbean Cask Finish. This limited-edition mezcal is a remarkable addition to the global mezcal landscape, showcasing a wonderful fusion of traditional craftsmanship and innovative distilling techniques. What Sets Ilegal Reposado Apart? This new offering is...

Continue Reading
NextPlat Gears Up for Q3 2026 Earnings Call

Updated Category News Views 84

NextPlat's Upcoming Financial Revelation November is shaping up to be a month of revelations for NextPlat Corp (NASDAQ:NXPL) as they prepare to spill the beans on their third-quarter 2026 financials. The number crunching wraps up at 8:30 a.m. Eastern on November 12, when the execs will host an investor conference call. The Details of the Big Day Coming to you live from...

Continue Reading
Hormel Foods Reports First Quarter Earnings and Revenue Insights

Updated Category News Views 146

Hormel Foods Corporation Reports First Quarter Earnings Hormel Foods Corporation (NYSE: HRL) has announced its first quarter earnings, showing a mixed performance in terms of organic sales growth. While shares were trading higher before the market opened, some key metrics caught the attention of investors and analysts alike. First Quarter Adjusted Earnings Per Share The...

Continue Reading
NYAM and Yale Collaborate for Innovative Climate Action

Updated Category News Views 194

NYAM and Yale Center on Climate Change Partnership Overview The New York Academy of Medicine (NYAM) and the Yale Center on Climate Change and Health are joining forces for an important summit focused on health systems and climate action. This event, titled 'Health Systems Implementing Climate Action 2025', promises to be a major gathering of health sector and business...

Continue Reading