Exited Investments
PA Resources
Shares: 230,000
Company share: 0.16%
PA Resources is a fast growing oil and gas company with the business strategy to acquire, develop nad exploit oil and gas reserves, as well as explore new findings. The Group is active in Tunisia, Norway, UK, Denmark, Netherlands, Greenland, Equatorial Guinea and the Republic of Congo (Brazzaville). PA Resouces produces approx 12,000bopd and has 2P Reserves of 120mmboe.
Investment made: December 2007
Exited: May 2008
IRR: 75.74%
