PA Resources AB Oil & Gas Exploration and Production Operations and Cost Analysis - Q3, 2014
Summary
PA Resources AB (PA Resources) is an oil and gas company. The company acquires, explores, develops and operates oil and gas assets. It concentrates on operations in North Africa, West Africa, and the North Sea. PA Resources owns and operates twenty one oil and gas licenses. The company has operations and holds assets in Denmark, the Netherlands, Germany, Sweden, the UK, Tunisia, Equatorial Guinea and Republic of Congo. PA Resources is headquartered in Stockholm, Sweden
PA Resources AB Oil & Gas Exploration and Production Operations and Cost Analysis is the latest report from GlobalData, the industry analysis specialists, that offers comprehensive information on the operational and financial performance of the company. The report is an essential source for key operational data, analysis and strategic insight into company. The report provides latest annual and quarterly overview of production, reserves, share price performance, reserve changes, capital expenditures, acreage, performance metrics and results of oil & gas operations.
Scope
The report provides in-depth analysis and insights into companies’ capital spending, revenues, oil and gas reserves, production, and performance measures. Its scope includes -
- The report provides detailed and unique insights information on the key operational parameters. The report provides a comprehensive overview of production, reserves, reserve changes, capital expenditures, acreage, performance metrics, and results of oil & gas operations.
- Provides analysis of the share price performance of the company and the key valuation multiples. The report provides a comprehensive overview of share price performance and key valuation metrics such as market capitalization, enterprise value, EV/Production ($boe/d) and EV/Proved Reserve ($/boe)
- Provides annual and quarterly information on key operational and financial parameters. Annual information is for the current and the last four years while the quarterly information is for the current and the last four quarters
- The report provides detailed crude oil and natural gas reserves and production information of the company by country as disclosed in their annual report and regulatory filings.
- Contains in-depth and latest information on exploration, development, finding & development, acquisition expenditure, gross and net developed and undeveloped acreage position; key costs and revenue information; and performance metrics of the company as disclosed in their annual report and regulatory filings.
Note: Scope of the report mentioned above is generic and may not be applicable to all the companies. The report is based on the information disclosed by the company in their annual report and regulatory filings. Information that is not disclosed by the company may not be available in the report.
Quarterly information is covered only for those companies which are December ending and files quarter report. There might be cases where countries/regions data column/Charts will be blank for last five years. This is due to companies might have discontinued reporting of that countries/regions during the last five year time period.
Reasons to buy
The report will enhance your decision making capability in a more rapid and time sensitive manner. It will allow you to -
- Provides up-to-date information and in-depth analysis on operational parameters of the company.
- Identify M&A targets from up-to-date information and in-depth analysis on financial and operational parameters of your competitors.
- Rank your performance against other E&P companies using operational and financial benchmarking metrics.
- Formulate your strategies based on in-depth analysis of your competitors’ financial and operational data.
- Exploit the strengths and weakness of your closest competitors by comparing and analyzing their financial and operational parameters.
- Establish relative performance among the industry’s players based on key operational and financial measures.
Table Of Contents
Table of Contents
Table of Contents 2
List of Tables 4
List of Figures 5
Company Snapshot 6
Key Information 6
Company Overview 6
PA Resources AB, Valuation and Financial Data 7
PA Resources AB, Share Price Performance 7
Share Price Performance, Q3, 2013-Q3, 2014 7
PA Resources AB, Key Valuation Metrics 8
Key Valuation Metrics, Q3, 2013-Q3, 2014 8
PA Resources AB, Quarterly Results of Oil & Gas Operations Per boe Produced 9
Results of Oil & Gas Operations Per boe Produced, Q3, 2013-Q3, 2014 9
PA Resources AB, Quarterly E&P Costs Trends 10
Upstream Capital Expenditure, Q3, 2013-Q3, 2014 10
PA Resources AB, Quarterly Production Trends 11
PA Resources AB, Total Oil and Gas Production 11
Total Crude Oil and Natural Gas Production Trend, Q3, 2013-Q3, 2014 11
PA Resources AB, Crude Oil Production 12
Total Crude Oil Production Trend, Q3, 2013-Q3, 2014 12
PA Resources AB, Valuation and Financial Data, 2009-2013 13
PA Resources AB, Share Price Performance, 2009-2013 13
Share Price Performance, 2009-2013 13
Key Valuation Metrics, 2009-2013 14
PA Resources AB, Production and Reserves Trends 15
Total Oil and Gas, Reserves and Production 15
Total Crude Oil and Natural Gas Production and Reserves Trend, 2009-2013 15
Total Crude Oil & Natural Gas Production and Reserves By Country/Region, 2009-2013 16
Total Crude Oil and Natural Gas Reserve Changes, 2009-2013 17
Crude Oil/Liquids Production and Reserve 18
Crude Oil/Liquids Production and Reserve Trend, 2009-2013 18
Crude Oil Production and Reserves By Country/Region, 2009-2013 19
Crude Oil/Liquids Reserve Changes, 2009-2013 20
Total Crude Oil and Natural Gas Reserves Life Index 21
Total Crude Oil and Natural Gas Reserves Life Index, 2009-2013 21
Total Crude Oil and Natural Gas Reserves Life Index, By Country/Region, 2009-2013 22
PA Resources AB, E&P Costs Trends 23
Allocation of the Upstream Capital Expenditure 23
Upstream Capital Expenditure, 2009-2013 23
Exploration and Development Costs, By Country/Region, 2009-2013 24
Oil and Gas Cost Per boe, US$/boe 26
Oil and Gas Cost Per boe, US$/boe, 2009-2013 26
Oil and Gas Cost Per boe, US$/boe, By Country/Region, 2009-2013 28
PA Resources AB, Reserve Replacement Ratio 29
Oil and Gas Production Replacement Ratio 29
Oil and Gas Production Replacement Ratio, 2009-2013 29
Oil and Gas Production Replacement Ratio, By Country/Region, 2009-2013 30
PA Resources AB, Results of Oil & Gas Operations Trend 31
Oil and Gas Revenue and Expenses 31
Oil and Gas Revenue and Expenses, 2009-2013 31
Oil and Gas Revenue and Expenses, By Country/Region, 2009-2013 32
Oil and Gas Revenue and Expenses, Per boe 34
Oil and Gas Revenue and Expenses, By boe, 2009-2013 34
Oil and Gas Revenue and Expenses Per boe, By Country/Region, 2009-2013 35
Oil and Gas Performance Metrics 36
Recent Developments 37
PA Resources AB - Recent Developments 37
Nov 13, 2014: PA Resources Receives Provisional Licence Award In Uk 28th Round 37
Oct 29, 2014: PA Resources: Interim Report 1 January-30 September 2014 37
Oct 07, 2014: PA Resources Production Report for Q3, 2014 38
Oct 01, 2014: PA Resources confirms final audited Reserves and Resources 38
Jul 18, 2014: PA Resource: Interim Report 1 January - 30 June 2014 38
Jul 14, 2014: PA Resources Closes the Didon Transaction 39
Jul 07, 2014: PA Resources’ Production Report for Q2, 2014 39
Apr 16, 2014: PA Resources' Interim Report 1 January - 31 March 2014 40
Apr 07, 2014: PA Resources’ Production Report for Q1, 2014 40
Apr 07, 2014: PA Resources: The Nomination Committee of PA Resources announces a new nomination for Chairman and nominates a new member of the Board of directors 40
Appendix 41
Methodology 41
Coverage 41
Secondary Research 41
Primary Research 41
Data Information Sources 42
Company Source 42
SEC/Other Regulatory Filings 42
Other Sources 42
Expert Panel Validation 42
Data Definition 42
Oil and Gas Reserves 42
Units of Measure 43
About GlobalData 43
Disclosure 43
Disclaimer 43
List Of Tables
List of Tables
Table 1: PA Resources AB, Key Facts 6
Table 2: PA Resources AB, Share Price Performance, Q3, 2013-Q3, 2014 7
Table 3: PA Resources AB, Key Valuation Metrics, Q3, 2013-Q3, 2014 8
Table 4: PA Resources AB, Results of Oil & Gas Operations Per boe Produced, US$/boe, Q3, 2013-Q3, 2014 9
Table 5: PA Resources AB, Upstream Capital Expenditure, Q3, 2013-Q3, 2014 10
Table 6: PA Resources AB, Total Crude Oil and Natural Gas, Production, Q3, 2013-Q3, 2014 11
Table 7: PA Resources AB, Total Crude Oil Production, mmbbl, Q3, 2013-Q3, 2014 12
Table 8: PA Resources AB, Share Price Performance, 2009-2013 13
Table 9: PA Resources AB, Key Valuation Metrics, 2009-2013 14
Table 10: PA Resources AB, Total Crude Oil and Natural Gas, Production and Reserves, mmboe, 2009-2013 15
Table 11: PA Resources AB, Total Crude Oil & Natural Gas Production and Reserves, By Country/Region, mmboe, 2009-2013 16
Table 12: PA Resources AB, Total Crude Oil and Natural Gas Reserve Changes, mmboe, 2009-2013 17
Table 13: PA Resources AB, Crude Oil Production and Reserves Metrics, mmbbl, 2009-2013 18
Table 14: PA Resources AB, Crude Oil Production and Reserves, By Country/Region, mmbbl, 2009-2013 19
Table 15: PA Resources AB, Crude Oil Reserve Changes, mmbbl, 2009-2013 20
Table 16: PA Resources AB, Oil and Gas Reserves Life Index, Years, 2009-2013 21
Table 17: PA Resources AB, Oil and Gas Reserves Life Index, By Country/Region, Years, 2009-2013 22
Table 18: PA Resources AB, Upstream Capital Expenditure, US$ mil, 2009-2013 23
Table 19: PA Resources AB, Exploration and Development Costs, By Country/Region, US$ mil, 2009-2013 25
Table 20: PA Resources AB, Reserves Replacement, Finding and Development Costs, Finding Cost and Proved Acquisition Costs Per boe, US$/boe, 2009-2013 27
Table 21: PA Resources AB, Reserves Replacement, Finding and Development Costs, Finding Cost and Proved Acquisition Costs Per boe, US$/boe, By Country/Region, 2009-2013 28
Table 22: PA Resources AB, Oil and Gas Production Replacement Ratio, %, 2009-2013 29
Table 23: PA Resources AB, 3-Year Wt.Avg. Oil and Gas Production Replacement Ratio, By Country/Region, %, 2009-2013 30
Table 24: PA Resources AB, Revenue and Expenses, US$ mil, 2009-2013 31
Table 25: PA Resources AB, Revenue and Expenses, By Country/Region, US$ mil, 2009-2013 33
Table 26: PA Resources AB, Oil and Gas Revenue and Expenses, US$/boe, 2009-2013 34
Table 27: PA Resources AB, Oil and Gas Revenue and Expenses, US$/boe, By Country/Region, 2009-2013 35
Table 28: PA Resources AB, Oil and Gas Performance Metrics, 2009-2013 36
List Of Figures
List of Figures
Figure 1: PA Resources AB, Share Price Performance, SEK/Share, Q3, 2013-Q3, 2014 7
Figure 2: PA Resources AB, Key Valuation Metrics, EV/Production ($/boed), EV/Proved Reserve ($/boe), Q3, 2013-Q3, 2014 8
Figure 3: PA Resources AB, Results of Oil & Gas Operations Per boe Produced, US$/boe, Q3, 2013-Q3, 2014 9
Figure 4: PA Resources AB, Upstream Capital Expenditure, US$ mil, Q3, 2013-Q3, 2014 10
Figure 5: PA Resources AB, Total Crude Oil and Natural Gas, Production, mmboe, Q3, 2013-Q3, 2014 11
Figure 6: PA Resources AB, Total Crude Oil Production, mmbbl, Q3, 2013-Q3, 2014 12
Figure 7: PA Resources AB, Share Price Performance, SEK/Share, 2009-2013 13
Figure 8: PA Resources AB, Key Valuation Metrics, EV/Production ($/boed), EV/Proved Reserve (US$/boe), 2009-2013 14
Figure 9: PA Resources AB, Total Crude Oil and Natural Gas, Production and Reserves, mmboe, 2009-2013 15
Figure 10: PA Resources AB, Total Crude Oil and Natural Gas Reserve Changes, mmboe, 2013 17
Figure 11: PA Resources AB, Crude Oil Production and Reserves Metrics, mmbbl, 2009-2013 18
Figure 12: PA Resources AB, Crude Oil Reserve Changes, mmbbl, 2013 20
Figure 13: PA Resources AB, Oil and Gas Reserves Life Index, Years, 2009-2013 21
Figure 14: PA Resources AB, Upstream Capital Expenditure, US$ mil, 2009-2013 23
Figure 15: PA Resources AB, Development Costs, By Country/Region, US$ mil, 2009-2013 24
Figure 16: PA Resources AB, Exploration Costs, By Country/Region, US$ mil, 2009-2013 24
Figure 17: PA Resources AB, 3-Year Wt.Avg., Reserves Replacement, Finding and Development Costs, Finding Cost and Proved Acquisition Costs Per boe, US$/boe, 2009-2013 26
Figure 18: PA Resources AB, 3-Year Wt.Avg., Oil and Gas Production Replacement Ratio, %, 2009-2013 29
Figure 19: PA Resources AB, Revenue and Expenses, US$ mil, 2009-2013 31
Figure 20: PA Resources AB, Depreciation, Depletion and Amortization From Upstream Oil & Gas Operations, By Country/Region, US$ mil, 2009-2013 32
Figure 21: PA Resources AB, Oil and Gas Revenue and Expenses, US$/boe, 2009-2013 34
Figure 22: PA Resources AB, Oil and Gas Performance Metrics, 2009-2013 36
