PA Resources has submitted an application to delist its shares per 31 December 2015

On Friday, 20 November 2015, PA Resources submitted an application to delist its
shares from the Nasdaq Stockholm exchange. The application follows the decision
by the board of directors to proceed with the delisting as communicated in the
press release PA Resources announces its intention to divest its assets and
apply for delisting, published on the 17 November 2015.

In the application to Nasdaq Stockholm the last date for trading the share has
been set to 31 December 2015. PA Resources’ commitment to its creditors to
delist its shares was first announced in conjunction with the publication of the
Reorganisation Plan on the 9 September 2015. The board of directors deems the 31
December 2015 to be an appropriate date for cessation of trading as by then,
sufficient time has passed since the delisting announcement to allow
shareholders in PA Resources to sell their shares if they so wish. The last day
of trading will, however, ultimately be determined by Nasdaq Stockholm once the
application has been processed.

Following the delisting the shareholders will retain their shares in PA
Resources as an unlisted holding.

Stockholm 23 November, 2015
PA Resources AB (publ)

For additional information, please contact:

Petter Hjertstedt, Investor Relations
Phone:   +46 8 545 211 54
E-mail:   ir@paresources.se

PA Resources AB (publ) is an international oil and gas group which conducts
exploration, development and production of oil and gas assets. The Group
operates in Tunisia, Republic of Congo (Brazzaville), United Kingdom, Denmark,
Netherlands and Germany. PA Resources has oil production in Tunisia. The parent
company is located in Stockholm, Sweden. PA Resources’ net sales amounted to SEK
603 million in 2014. The share is listed on the NASDAQ OMX in Stockholm, Sweden.
For additional information, please visit www.paresources.se.

The above information has been made public in accordance with the Securities
Market Act and/or the Financial Instruments Trading Act. The information was
published at 08:30 CET 23 November 2015.