PA Resources owns shares in three exploration licences in Denmark and operates two of the licences.
Oil, gas and condensate discoveries
Two exploration wells were drilled on licence 12/06 in the summer of 2011. A first discovery of gas and condensate was made in the prospect Broder Tuck in July. A second discovery of oil was made in the Miocene structure at the Lille John prospect in October. Both discoveries were confirmed with drilling of side tracks.