Equatorial Guinea

The region contains two producing fields: Aseng and Alen in Equatorial Guinea. Production from the Alen field commenced in the third quarter of 2013. Production at the Azurite field ceased in November 2013.

PA Resources' licences in Ekvatorial Guinea

License Operator Partners
1 Aseng field Noble Energy (38%) Atlas Petroleum (27,55%), Glencore Xstrata (23,75%), PA Resources (5,7%), GEPetrol (5%)
2 Alen field* Noble Energy (44,65%) GE Petrol (28,75%), Glencore Xstrata (24,94%), Atlas Petroleum (1,38%), PA Resources (0,28%)
3 Block I Noble Energy (38%) Atlas Petroleum (27,55%), Glencore Xstrata (23,75%), PA Resources (5,7%), GEPetrol (5%)
4 Block H White Rose Energy (46,31%) Atlas Petroleum (23,75%), Roc Oil (19%), PA Resources (5,94%), GEPetrol (5%)

Participating interests are reported inclusive of the rights to participating interests of the state-owned company GEPetrol.
* After unitisation between the two licenses Block O and Block I. 95% of the Alen field is situated in Block O and 5% in Block I. PA Resources has 5.7% working interest in Block I, which results in a 0.285% interest in the Alen field.