Panoro Energy ASA

Report Publication Announcement • Feb 18, 2016

Panoro Energy (Oslo Ticker: PEN): Invitation to fourth quarter 2015 conference call February 25, 2016

Panoro Energy's Q4 2015 report will be published on Thursday, February 25, 2016 and will be available on our website http://www.panoroenergy.com at 07:00 a.m. CET.

Panoro will hold a conference call at 11:00 a.m. CET on Thursday, February 25, 2016 during which management will discuss Panoro's 2015 fourth quarter results. The participants are invited to ask questions on the Q4 report after conclusion of the discussion.

Participants are asked 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	+1 646 843 4608
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.

For more information please contact:

Qazi Qadeer Chief Financial Officer +44 203 405 1060 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 exploration and development assets in West Africa, namely the Dussafu License offshore southern Gabon, and OML 113 offshore western Nigeria. Both assets have discoveries with approved Field Development Plans. In addition to discovered hydrocarbon resources and reserves, both assets also hold significant exploration potential. For more information visit the Company's website at www.panoroenergy.com.