Panoro Energy ASA

Presentation at Pareto Securities' 10th Annual E&P Independents Conference

Panoro Energy ASA (Oslo Ticker: PEN) will today present at the Pareto

Securities' 10th Annual E&P Independents Conference in London.

The presentation includes an update on the progress of Panoro's interpretation

of the new Dussafu seismic data. 11 prospects have been identified within the

Exclusive Exploitation Authorisation area, representing mid-case gross unrisked

prospective resources in excess of 500 MMbbls.

A copy of the presentation can also be downloaded from the presentations section

of our website at www.panoroenergy.com/?page_id=65.

For further information, please contact:

Nishant Dighe, CEO

Cell: +44 7747 807 439

Qazi Qadeer, CFO

Tel: +44 203 405 1084

Cell: +44 7981 690 670

About Panoro Energy ASA

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.

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