Regulatory Filings • Aug 30, 2019
Regulatory Filings
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Panoro Encounters Hydrocarbons at Hibiscus Updip Prospect
Oslo, 30 August 2019 - Panoro Energy ASA (the "Company" or "Panoro" with OSE
ticker: "PEN") is pleased to announce that the Hibiscus Updip well ("DHIBM-1"),
currently being drilled on the Dussafu Marin Permit ("Dussafu") offshore Gabon,
has encountered hydrocarbons.
Logging operations and evaluation of the oil discovery are currently underway,
following which Panoro expects a side-track of DHIBM-1 to be drilled. Further
updates will be provided following completion of these activities.
Enquiries
Panoro Energy ASA
John Hamilton, Chief Executive Officer
Tel: +44 203 405 1060
Email: [email protected]
About Panoro Energy
Panoro Energy ASA is an independent E&P company based in London and listed on
the Oslo Stock Exchange with ticker PEN. The Company holds high quality
production, exploration and development assets in Africa, namely the Dussafu
License offshore southern Gabon, OML 113 offshore western Nigeria, and the TPS
operated assets, Sfax Offshore Exploration Permit and Ras El Besh Concession,
offshore Tunisia. For more information, please visit the Company's website
at www.panoroenergy.com.
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