PA Resources Awarded License Offshore Germany



The State Office for Mining, Energy and Geology of Schleswig-Holstein awarded PA Resources a German offshore license, B20008-73, with 100% working interest and operatorship. This license is adjacent to its Danish License 12/06 and lies in the so-called "duck's bill" area of the German North Sea, between Denmark and the Netherlands, reported PA Resources.

In the first half of 2011, the operator will drill two wells in the Danish License 12/06. These two wells will provide an up-to-date evaluation of the prospectivity of the German license.

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