Brief: Panoro Energy Q1 Revenue At $60 Mln

Panoro Energy ASA

02/05/2023 06:49

May 2 (Reuters) - Panoro Energy ASA  PENR.OL :
    * PANORO ENERGY - TRADING STATEMENT AND OPERATIONS UPDATE
    * GROUP WORKING INTEREST PRODUCTION IS STRONG AT
APPROXIMATELY
8,500 BOPD, IN LINE WITH EXPECTATIONS
    * Q1 REVENUE STOOD AT APPROXIMATELY USD 60 MILLION,
GENERATED FROM
CRUDE SALES OF APPROXIMATELY 780,000 BARRELS AT AN AVERAGE
REALISED PRICE OF APPROXIMATELY USD 76 PER BARREL
    * CASH AT BANK AT 31 MARCH WAS APPROXIMATELY USD 41 MILLION
    * GROSS DEBT AT 31 MARCH WAS APPROXIMATELY USD 68 MILLION
AFTER
PRINCIPAL REPAYMENTS

Source text for Eikon:  ID:nWkrFc45X 
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