Brief: Panoro Energy Changes Timing For Equatorial Guinea Drilling Campaign

Panoro Energy ASA

09/02/2024 10:03

Feb 9 (Reuters) - Panoro Energy ASA  PENR.OL :
    * TIMING CHANGE FOR EQUATORIAL GUINEA DRILLING CAMPAIGN
    * UPON RECOMMENDATION OF OPERATOR, TRIDENT ENERGY, JOINT
VENTURE
HAS DECIDED TO TERMINATE CURRENT RIG CONTRACT
    * JOINT VENTURE IS OF VIEW THAT RIG IS NOT OPERATIONALLY IN
A
CONDITION TO SAFELY DRILL WELLS
    * PAUSE IN DRILLING IS NOT EXPECTED TO AFFECT PANORO'S
SHAREHOLDER
DISTRIBUTIONS, FINANCIAL AND OPERATIONAL TARGETS FOR YEAR

Source text for Eikon:  ID:nWkr8gZdKC 
Further company coverage:  PENR.OL 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))