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Panoro Energy ASA

Regulatory Filings Dec 3, 2018

3706_iss_2018-12-03_0ed15d32-943d-4894-8c60-6139eb64e266.html

Regulatory Filings

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Panoro Energy: First Dussafu oil cargo offloaded from BW Adolo FPSO

Panoro Energy: First Dussafu oil cargo offloaded from BW Adolo FPSO

Oslo, 3 December 2018 - Panoro Energy ASA (the "Company" or "Panoro" with OSE

Ticker: PEN) is pleased to announce that that the first cargo of oil from

Dussafu was successfully offloaded from the BW Adolo FPSO on 2 December. A total

of 550,000 barrels of oil were transferred from the FPSO to a tanker which will

transport the crude oil to a refinery.

Panoro holds an 8.333% interest in the Dussafu Marin permit, offshore Gabon.

Enquiries

Panoro Energy ASA                                              +44 203 405 1060

Qazi Qadeer, Chief Financial Officer

[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 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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