PA Resources AB Analysis Across the Oil and Gas Value Chain Report

• Publication date: June 2012
• Report size: 119 pages

PA Resources AB Analysis Across the Oil and Gas Value Chain Report Summary "PA Resources AB" Analysis Across the Oil and Gas Value Chain is an essential source for data, analysis and strategic insight into “PA Resources AB”. The report provides key information relating to oil and gas assets of the company along with its operations across the value chain. The report examines the company’s business struct...

PA Resources AB Analysis Across the Oil and Gas Value Chain Report



Summary



"PA Resources AB" Analysis Across the Oil and Gas Value Chain is an essential source for data, analysis and strategic insight into “PA Resources AB”. The report provides key information relating to oil and gas assets of the company along with its operations across the value chain. The report examines the company’s business structure, operations and products, and provides an analysis of its key revenue lines.



Scope


- Provides information on length or historical production or capacity data on Company’s oil and gas assets across the value chain
- Forecasts capacity of major oil and gas assets to 2016
- Reports oil and gas assets for each country including operator and equity details for major oil and gas assets of Company
- Provides summary analysis of key revenue lines and strategy
- Details on Company’s business description, locations and subsidiaries as well as a list of products and services
- Latest mergers and acquisitions, partnerships or financings of the company including debt, equity or venture finance.

Note*: Some sections may be missing if data is unavailable for the company.



Reasons to buy


- Research your competitors business structure, strategy and prospects
- Assess your competitor’s major energy assets and their historic and forecast performances
- Identify and assess potential corporate and asset investment opportunities
- Support sales activities by understanding your customers businesses better
- Qualify prospective partners and suppliers
- Obtain up to date company information.

Oil And Gas Energy Industry in Congo, People's Republic of

Table of Contents
Table of Contents 2
List of Tables 5
List of Figures 8
Company Snapshot 9
Company Overview 9
Key Information 9
Financial Performance 9
PA Resources AB , Exploration and Production Summary 10
PA Resources AB , Active Exploration Blocks, by Country, 2002-2011 10
PA Resources AB, Crude Oil Production, by Country, 2002-2011 11
PA Resources AB, Natural Gas Production, by Country, 2002-2011 12
PA Resources AB, Crude Oil and Natural Gas Production By Fields 13
PA Resources AB, Crude Oil Production 13
PA Resources AB, Crude Oil Production in Equatorial Guinea, By Fields 13
PA Resources AB, Crude Oil Production in Norway, By Fields 13
PA Resources AB, Crude Oil Production in Republic of the Congo, By Fields 13
PA Resources AB, Crude Oil Production in Tunisia, By Fields 13
PA Resources AB, Natural Gas Production 14
PA Resources AB, Natural Gas Production in Norway, By Fields 14
PA Resources AB, Natural Gas Production in Tunisia, By Fields 14
Crude Oil Production Forecasts, 2012-2020 14
PA Resources AB’s Exploration Blocks Details 15
17/4b ALL’s Exploration Details 15
5504/16,19,20,24’s Exploration Details 15
PA Resources AB’s News Details, 5504/16,19,20,24 15
5604/21+ 22+ 25+ 26’s Exploration Details 18
PA Resources AB’s News Details, 5604/21+ 22+ 25+ 26 19
PA Resources AB’s Deals Details, 5604/21+ 22+ 25+ 26 19
5604/22+ 26’s Exploration Details 20
PA Resources AB’s News Details, 5604/22+ 26 20
PA Resources AB’s Deals Details, 5604/22+ 26 21
Mer Profonde Sud’s Exploration Details 21
PA Resources AB’s News Details, Mer Profonde Sud 21
PA Resources AB’s Deals Details, Mer Profonde Sud 24
Q7’s Exploration Details 25
Block H’s Exploration Details 25
PA Resources AB’s News Details, Block H 26
PA Resources AB’s Deals Details, Block H 28
BLOCK I’s Exploration Details 29
PA Resources AB’s News Details, BLOCK I 29
Makthar’s Exploration Details 34
PA Resources AB’s News Details, Makthar 34
Zarat’s Exploration Details 36
PA Resources AB’s News Details, Zarat 36
PA Resources AB’s Deals Details, Zarat 45
Jenein Centre’s Exploration Details 46
PA Resources AB’s News Details, Jenein Centre 46
PA Resources AB’s Deals Details, Jenein Centre 50
Q10a’s Exploration Details 50
Schagen(2009)’s Exploration Details 51
Licence 2008/17(Naterneq)’s Exploration Details 51
PA Resources AB’s News Details, Licence 2008/17(Naterneq) 51
PA Resources AB’s Deals Details, Licence 2008/17(Naterneq) 52
22/18c ALL(P1802)’s Exploration Details 52
PA Resources AB’s News Details, 22/18c ALL(P1802) 53
Block 20008/73’s Exploration Details 54
PA Resources AB’s News Details, Block 20008/73 54
PA Resources AB’s Field Details 55
Alen’s Field Details 55
PA Resources AB’s News Details, Alen 55
Aseng’s Field Details 58
PA Resources AB’s News Details, Aseng 58
Azurite’s Field Details 66
PA Resources AB’s News Details, Azurite 66
PA Resources AB’s Deals Details, Azurite 77
Didon’s Field Details 78
PA Resources AB’s News Details, Didon 78
PA Resources AB’s Deals Details, Didon 89
Douleb & Semmama’s Field Details 90
PA Resources AB’s News Details, Douleb & Semmama 90
Tamesmida’s Field Details 92
PA Resources AB’s News Details, Tamesmida 92
PA Resources AB FSO Operations 93
PA Resources AB FSO by Field Countries 93
PA Resources AB, FSO Details 94
PA Resources AB, FSO Didon 94
Key Employees 95
Key Employee Biographies 96
PA Resources AB - Major Products and Services 97
History 98
Company Statement 101
Locations And Subsidiaries 103
Head Office 103
Other Locations & Subsidiaries 103
Business Description 105
Business Overview 105
PA Resources AB - Key Competitors 106
Company Financial Ratios 107
Financial Ratios - Capital Market Ratios 107
Financial Ratios - Annual Ratios 107
Performance Chart 109
Financial Performance 109
Financial Ratios - Interim Ratios 110
Financial Ratios - Ratio Charts 111
Recent Developments 112
Jun 05, 2012: PA Resources Provides May 2012 Production Update 112
May 08, 2012: PA Resources Provides April 2012 Production Update 112
Mar 07, 2012: PA Resources Provides February 2012 Production Update 112
Feb 15, 2012: PA Resources Reports Revenue Of SEK2.2 Billion In 2011 113
Feb 06, 2012: PA Resources Provides January 2012 Production Update 113
Jan 09, 2012: PA Resources Provides Q4 2011 Production Update 114
Dec 09, 2011: PA Resources Provides November 2011 Production Update 114
Nov 23, 2011: Lundin Petroleum Spuds Makouala Marine-1 Exploration Well On Congo (Brazzaville) Marine XIV License 114
Nov 15, 2011: PA Resources Commences Production From Assign Field At Block I In Equatorial Guinea 114
Nov 03, 2011: PA Resources Confirms Oil Discovery At Lille John Prospect In Denmark 115
Appendix 117
Market Definitions 117
Oil Storage Terminals 117
Oil and Gas Pipelines 117
Refinery 117
Methodology 118
Coverage 118
Secondary Research 118
Primary Research 118
Expert Panel Validation 118
Contact Us 119
Disclaimer 119

List of Tables

PA Resources AB, Key Facts 9
PA Resources AB, Number of Exploration Blocks, by Country, 2002-2011 10
PA Resources AB, Equity Weighted Gross Crude Oil Production (BBls), by Country, 2002-2011 11
PA Resources AB, Equity Weighted Natural Gas Production (MMcf), by Country, 2002-2011 12
PA Resources AB, Crude Oil Production (BBls) By Fields in Equatorial Guinea, 2002-2011 13
PA Resources AB, Crude Oil Production (BBls) By Fields in Norway, 2002-2011 13
PA Resources AB, Crude Oil Production (BBls) By Fields in Republic of the Congo, 2002-2011 13
PA Resources AB, Crude Oil Production (BBls) By Fields in Tunisia, 2002-2011 13
PA Resources AB, Natural Gas Production (MMcf), By Fields in Norway, 2002-2011 14
PA Resources AB, Natural Gas Production (MMcf), By Fields in Tunisia, 2002-2011 14
Crude Oil Production Forecasts (Boe) by Fields, 2012-2020 14
PA Resources AB’s Asset Details, 17/4b ALL 15
PA Resources AB’s Asset Details, 5504/16,19,20,24 15
PA Resources Reports Revenue Of SEK2.2 Billion In 2011 15
PA Resources Confirms Oil Discovery At Lille John Prospect In Denmark 16
PA Resources Discovers Oil At Lille John Prospect In License 12/06, Offshore Denmark 17
PA Resources Spuds Exploration Well At Lille John Prospect In Denmark 17
PA Resources Finds Hydrocarbons At Broder Tuck Prospect In License 12/06, Offshore Denmark 17
PA Resources Discovers Gas In Broder Tuck Exploration Well In Danish Part Of North Sea 18
PA Resources AB’s Asset Details, 5604/21+ 22+ 25+ 26 18
Noreco Finds Gas At Gita Exploration Well In Denmark 19
PA Resources Acquires Two Danish Licenses From Shell 19
PA Resources AB’s Asset Details, 5604/22+ 26 20
Noreco Finds Gas At Gita Exploration Well In Denmark 20
PA Resources Acquires Two Danish Licenses From Shell 21
PA Resources AB’s Asset Details, Mer Profonde Sud 21
PA Resources Receives Approval Of Improved Fiscal Terms For Congo Licenses 21
Murphy Oil Updates On Drilling Results At Republic Of Congo 22
PA Resources Provides Update On 2009 Reserves 22
PA Resources Reports Net Profit Of SEK73.6 Million In Q2 2009 23
PA Resources Announces Oil Discovery At Turquoise Marine-1 Prospect, Republic Of Congo 24
PA Resources Acquires Assets From Murphy West Africa 24
PA Resources AB’s Asset Details, Q7 25
PA Resources AB’s Asset Details, Block H 25
PA Resources Announces Planned Drilling Program For 2010 26
Osborne Enters Into Agreement To Settle Dispute On Block H In Equatorial Guinea 27
White Rose Energy Ventures To Acquire 11.25% Interest In Offshore Block H In Equatorial Guinea From Atlas Petroleum 28
Roc Oil Company To Sell 17.5% Interest In Offshore Block H In Equatorial Guinea To White Rose Energy 28
First Reserve Invests In White Rose Energy 28
PA Resources AB’s Asset Details, BLOCK I 29
PA Resources Announces Planned Drilling Program For 2010 29
PA Resources Reports Q4 2008 Results 30
PA Resources Finds Oil In Appraisal Well I-5, Equatorial Guinea 32
Noble Energy Announces Test Results From Benita Oil Appraisal, Equatorial Guinea 33
PA Resources Updates On Benita Discovery 33
PA Resources AB’s Asset Details, Makthar 34
PA Resources Commences Drilling Of Serraguia Prospect In Tunisia 34
PA Resources Completes Drilling Of Linda-1 Well In Tunisia 35
PA Resources AB’s Asset Details, Zarat 36
Sonde Resources Provides Operations Update 36
PA Resources Provides Operations Update 38
PA Resources To Develop Didon North Field In Tunisia 40
PA Resources Provides Update On 2009 Reserves 40
PA Resources Announces Planned Drilling Program For 2010 41
PA Resources Reports Q4 2008 Results 42
PA Resources Discovers Oil At Didon North-1 Well In Zarat Permit, Tunisia 44
PA Resources Spuds DN-1 Well On Didon North Prospect In Tunisia 45
PA Resources Acquires Didon And Zarat Concessions From Medex Petroleum Tunisia 45
PA Resources Acquires SOCO Overseas From SOCO International 45
PA Resources AB’s Asset Details, Jenein Centre 46
Chinook Energy Announces Completion Results For Jenein Centre #1 Exploration Well In Tunisia 46
PA Resources Announces Oil Discovery At Jenein Center In Tunisia 46
PA Resources Announces Planned Drilling Program For 2010 47
PA Resources Reports Q4 2008 Results 47
PA Resources Acquires 35% Interest In Tunisia License From Storm Ventures 50
PA Resources AB’s Asset Details, Q10a 50
PA Resources AB’s Asset Details, Schagen(2009) 51
PA Resources AB’s Asset Details, Licence 2008/17(Naterneq) 51
PA Resources Awards Contract For Seismic Acquisition In Block 8, West Greenland 51
PA Resources Plans To Farm Out Equity Interest In Offshore Greenland License 52
PA Resources AB’s Asset Details, 22/18c ALL(P1802) 52
PA Resources Wins New License In UK's 26th Licensing Round 53
Valiant Petroleum Wins Blocks In 26th Seward Licensing Round 53
PA Resources AB’s Asset Details, Block 20008/73 54
PA Resources Wins German Offshore License 54
PA Resources AB’s Asset Details,Alen 55
PA Resources Receives Approval For Alen Field Development Plan 55
PA Resources Provides Operations Update 56
Equatorial Guinea To Increase Oil Production By 110,000 Bpd In 2010 57
PA Resources AB’s Asset Details,Aseng 58
PA Resources Provides April 2012 Production Update 58
PA Resources Provides February 2012 Production Update 59
PA Resources Reports Revenue Of SEK2.2 Billion In 2011 59
PA Resources Commences Production From Assign Field At Block I In Equatorial Guinea 60
PA Resources Announces Unsuccessful Well Test At Didon North In Tunisia 60
Equatorial Guinea To Increase Oil Production By 110,000 Bpd In 2010 61
PA Resources Provides Update On 2009 Reserves 61
Technip Wins Subsea Contract From Noble Energy In Equatorial Guinea 62
PA Resources Announces Planned Drilling Program For 2010 62
Dresser-Rand To Supply Equipment For FPSO For Aseng Field Offshore Equatorial Guinea 63
PA Resources Reports Net Profit Of SEK73.6 Million In Q2 2009 64
Noble Energy Announces Approval Of Aseng Oil Project In Equatorial Guinea 64
PA Resources AB’s Asset Details,Azurite 66
PA Resources Provides April 2012 Production Update 66
PA Resources Provides February 2012 Production Update 66
PA Resources Provides Production Update 67
PA Resources Provides Q2 2011 Production Update 67
PA Resources Updates On Azurite Field In Republic Of Congo 67
PA Resources Updates On Azurite Field In Republic Of Congo 68
PA Resources Provides Q1 2011 Production Update 68
PA Resources Receives Approval Of Improved Fiscal Terms For Congo Licenses 68
PA Resources Provides Production Update 68
PA Resources Provides Operations Update 69
PA Resources Provides Q3 2010 Production Update 70
PA Resources Provides Q2 2010 Production Update 71
PA Resources Pumps First Oil From Third Production Well At Azurite Oilfield In Congo 71
PA Resources Updates On Q1 2010 Production 72
PA Resources Provides Update On 2009 Reserves 72
PA Resources Provides Q4 2009 Production Update 73
PA Resources Announces Planned Drilling Program For 2010 74
PA Resources Provides Q3 2009 Production And Sales Update 75
PA Resources Reports Net Profit Of SEK73.6 Million In Q2 2009 75
Murphy Oil Announces First Production At Azurite Field, Offshore Republic Of Congo 76
PA Resources Announces Oil Discovery At Turquoise Marine-1 Prospect, Republic Of Congo 76
PA Resources Provides Q2 2009 Production Update 77
Prosafe Production's FDPSO Vessel Starts From Keppel Shipyard In Singapore 77
PA Resources Acquires Assets From Murphy West Africa 77
PA Resources AB’s Asset Details,Didon 78
PA Resources Announces Unsuccessful Well Test At Didon North In Tunisia 78
PA Resources Provides Production Update 79
PA Resources Provides Q2 2011 Production Update 79
PA Resources Provides Q1 2011 Production Update 79
PA Resources To Develop Didon North Field In Tunisia 79
PA Resources Updates On Q1 2010 Production 80
PA Resources Provides Update On 2009 Reserves 80
PA Resources Provides Q4 2009 Production Update 81
PA Resources Reports Net Profit Of SEK73.6 Million In Q2 2009 82
PA Resources Provides Q2 2009 Production Update 83
PA Resources Completes Drilling Didon-10 Well At Didon Field, Offshore Tunisia 83
Drilling Commences On The Didon Field Offshore Tunisia: PA Resources 83
PA Resources Reports Production And Sales Report For Q1 2009 84
PA Resources Reports Q4 2008 Results 84
PA Resources Updates On Its Production And Sales In Q4 2008 87
PA Resources Discovers Oil At Didon North-1 Well In Zarat Permit, Tunisia 87
PA Resources Spuds DN-1 Well On Didon North Prospect In Tunisia 88
PA Resources Completes Drilling Didon-9 Pilot Well At Didon Field In Tunisia 88
PA Resources Updates On Didon Field In Tunisia 88
PA Resources Acquires Didon And Zarat Concessions From Medex Petroleum Tunisia 89
PA Resources Acquires SOCO Overseas From SOCO International 89
PA Resources AB’s Asset Details,Douleb & Semmama 90
PA Resources Provides Update On 2009 Reserves 90
PA Resources AB’s Asset Details,Tamesmida 92
PA Resources Provides Update On 2009 Reserves 92
PA Resources AB, FSO by Field Countries 93
PA Resources AB, FSO Didon 94
PA Resources AB, Key Employees, 95
PA Resources AB, Major Products and Services 97
PA Resources AB, Other Locations 103
PA Resources AB, Subsidiaries 103
PA Resources AB, Key Competitors 106
PA Resources AB, Ratios based on current share price 107
PA Resources AB, Annual Ratios 107
PA Resources AB, Interim Ratios 110

List of Figures

PA Resources AB, Number of Exploration Blocks, by Country, 2002-2011 10
PA Resources AB, Equity Weighted Gross Crude Oil Production (BBls), by Country, 2002-2011 11
PA Resources AB, Equity Weighted Natural Gas Production (MMcf), by Country, 2002-2011 12
PA Resources AB, Performance Chart (2007 - 2011) 109
PA Resources AB, Ratio Charts 111

Companies mentioned
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Circle Oil Plc
Ginger Oil AB
Lundin Petroleum AB
SOCO International plc