Panoro Energy ASA

Report Publication Announcement • Aug 16, 2018

Panoro Energy (Oslo Ticker: PEN): Invitation to Second Quarter 2018 conference call 22 August 2018 - *Correction*

Panoro Energy (Oslo Ticker: PEN): Invitation to Second Quarter 2018 conference call 22 August 2018 - *Correction*

Time of investor conference call amended from 7:30 a.m. CET to 8:30 a.m. CET.

Panoro Energy's Q2 2018 report will be published on Wednesday, 22 August 2018

and will be available on our website http://www.panoroenergy.com at 07:00 a.m.

CET.

Panoro will hold a conference call at 08:30 a.m. CET on Wednesday 22 August 2018

during which management will discuss Panoro's 2018 second quarter results. The

participants are invited to ask questions on the Q2 report after conclusion of

the discussion.

Participants are requested to dial in five to ten minutes prior to the start

time using the numbers and password below:

+----------------------+---------------------------------------+

|Local - Oslo, Norway |+47 21 563 318 |

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|Toll Free - Norway |800 19 457 |

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|Local - New York, USA |+1 212 999 6659 |

|                      | |

|   | |

+----------------------+---------------------------------------+

|Toll Free - USA |+1 866 966 5335 |

+----------------------+---------------------------------------+

|Local - London, UK |+44 (0) 20 3003 2666                   |

+----------------------+---------------------------------------+

|Toll Free - UK |0808 109 0700 |

+----------------------+---------------------------------------+

|Password: |Panoro |

+----------------------+---------------------------------------+

Participants dialling in from outside these countries may use the UK or USA

number.

A replay of the audio will be available shortly after the call is finished and

will remain on our website for approximately 7 days.

Enquiries

Qazi Qadeer, Chief Financial Officer

Tel:    +44 203 405 1060

Email: info@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 Sfax

Offshore Exploration Permit, Ras El Besh Concession & Hammamet Offshore

Exploration Permit offshore Tunisia.

For more information visit the Company's website at www.panoroenergy.com.