Panoro Energy ASA

Panoro Energy (Oslo Ticker: PEN): Invitation to First Quarter 2017 conference call 24 May 2017

Panoro Energy's Q1 2017 report will be published on Wednesday, 24 May 2017 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 24 May 2017

during which management will discuss Panoro's 2017 first quarter results. The

participants are invited to ask questions on the Q1 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

Toll Free - Norway 800 19 457

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 14 days.

Enquiries

Qazi Qadeer, Chief Financial Officer

Tel: +44 203 405 1060

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 production,

development, and exploration assets in West Africa, namely OML 113 offshore

western Nigeria and the Dussafu License offshore southern Gabon. In addition to

discovered hydrocarbon resources and reserves, both assets also hold significant

exploration potential. For more information, please visit the Company's website

at www.panoroenergy.com.

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