By Dominic Chopping 
 

STOCKHOLM--Swedish oil and gas company PA Resources AB (PAR.SK) said Thursday it has been successful in the U.K.'s 28th Seaward Licensing Round and has been provisionally awarded Blocks 22/18c and 22/19d as part of a group comprising of PA Resources (25%), E.On (40%), Cairn Energy's wholly-owned subsidiary Nautical Petroleum (25%) and First Oil and Gas (10%).

The awarded blocks lie adjacent to PA Resources' Block 22/19a which contains an undeveloped gas and condensate discovery.

Whilst PA Resources operated the UK 28th Round licence evaluation and application, E.On will assume operatorship on award.

Blocks 22/18c and 22/19d contain the large Ekland prospect on which the group has bid a firm exploration well in the initial four year licence term.

At 0907 GMT shares traded 3.3% higher at SEK2.50.

-Write to Dominic Chopping at dominic.chopping@wsj.com; Twitter: @WSJNordics

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