Brief: Panoro Declares Q4 2023 Cash Distribution Of NOK 50 Mln

Panoro Energy ASA

22/02/2024 06:09

Feb 22 (Reuters) - Panoro Energy ASA  PENR.OL :
    * FOURTH QUARTER 2023 TRADING AND FINANCIAL UPDATE
    * GROUP WORKING INTEREST PRODUCTION IN 2023 AVERAGED 8,471
BOPD
    * HAS TODAY DECLARED A Q4 2023 CASH DISTRIBUTION OF NOK 50
MILLION
    * IN LINE WITH ITS 2024 SHAREHOLDER RETURNS FRAMEWORK, CO IS
TARGETING OVERALL DISTRIBUTION TO SHAREHOLDERS OF BETWEEN NOK
400 MILLION TO NOK 500 MILLION
    * OUTLOOK: FULL YEAR 2024 GROUP WORKING INTEREST PRODUCTION
IS
EXPECTED TO AVERAGE BETWEEN 11,000 BOPD TO 13,000 BOPD
    * OUTLOOK: Q1 2024 GROUP WORKING INTEREST PRODUCTION IS
EXPECTED
TO AVERAGE 9,500 BOPD TO 10,000 BOPD
    * OUTLOOK: Q1 2024 AGGREGATE LIFTINGS ARE EXPECTED TO BE
APPROXIMATELY 750,000 BARRELS
    * OUTLOOK: FULL YEAR 2024 AGGREGATE LIFTINGS ARE EXPECTED TO
BE
APPROXIMATELY 3.7 MILLION BARRELS BASED ON CURRENT ESTIMATES

Source text for Eikon:  ID:nObipCxPda 
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