PA Resources’ business activities are concentrated in the upstream segment. Shareholder value is created in two ways. The Group conducts exploration activities to increase the amount of resources and the Group also creates value by moving resources to reserves through efficiently progressin assets to the production phase. Prioritised investments are financed through cash flow from production in combination with raising external capital and revenues from active management of the asset portfolio. The objective is to obtain a balanced business and asset portfolio that generates cash flow and long-term production growth.