Pa Resources Ab

Oman-based Petrogas to acquire PA Resources’ North Sea assets

February 9, 2016

PA Resources AB agreed to sell its North Sea assets to Oman-based Petrogas E&P. The assets, which make up 24 percent of PA Resources’ interest in license 12/06 based in Denmark, include the company’s exploration licenses for the UK, the Netherlands and Germany and the Broder Tuck and Lille John discoveries. The transaction is estimated to officially close in the first quarter.