ENTITY

Panoro Energy ASA (PEN NO)

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Analysis
EnergyNorway
Panoro Energy ASA explores for oil and natural gas in Brazil, Gabon, and Nigeria . The Company operates offshore in the Camamu-Almada and Santos basins.
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20 Nov 2024 21:00Issuer-paid

Panoro Energy ASA (OSE: PEN): Production Reaching 13 Mbbl/D. Two High Impact Wells by End of 1Q25

There were no surprises in the 3Q24 accounts.Since last week, WI production has increased from 12.5 mbbl/d to 13 mbbl/d.Gross production in Gabon...

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15 Nov 2024 23:00Issuer-paid

Panoro Energy ASA (OSE: PEN): 12.5 mbbl/d current production. On track to achieve >13 mbbl/d by YE23

Gross production at Dussafu has now reached 40 mbbl/d, taking Panoro’s overall WI production to 12.5 mbbl/d from 9,401 bbl/d in 3Q24.

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04 Nov 2024 16:00Issuer-paid

Panoro Energy ASA (OSE: PEN): High Flow Rate at EG Infill Well

The C-45 infill well on Block G in Equatorial Guinea has been put on stream at a gross rate of 5 mbbl/d on a restricted choke.Production could...

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22 Oct 2024 20:00Issuer-paid

Panoro Energy ASA (OSE: PEN): Gabon production nears 40 mbbl/d with 3 further wells to come back onstream by YE24

The DHIBM-7H well at Hibiscus Northern Flank is now on stream taking overall current gross production in Gabon close to 40 mbbl/d.

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22 Aug 2024 21:00Issuer-paid

Panoro Energy ASA (OSE: PEN): Reserves Addition in Gabon. Strong Financials

Panoro generated ~US$54 mm cash from operations (we expected ~US$48 mm) with a US$22 mm positive working capital movement.

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