Panoro Energy ASA

Report Publication Announcement • Apr 30, 2019

Panoro Energy ASA - Annual Report 2018

Oslo, 30 April 2019 - Panoro Energy ASA (the "Company" or "Panoro" with OSE ticker: PEN) publishes its Annual Report and Accounts for the financial year ended 31 December 2018, which is now available on the Company's website (www.panoroenergy.com).

There are no major changes compared to the 2018 results presented in the Company's Q4 2018 report.

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

Enquiries

Qazi Qadeer, Chief Financial Officer Tel: +44 20 3405 1060 Email: investors@panoroenergy.com

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.