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PEN — Panoro Energy ASA News Story

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Brief: Panoro Energy: Successful Dussafu Appraisal Wells

BRIEF-Panoro Energy: Successful Dussafu Appraisal Wells

- Panoro Energy ASA PENR.OL:

  • JOINT VENTURE HAS CONCLUDED DRILLING OF TWO OPEN WATER WELLS TO APPRAISE NORTH-WEST HIBISCUS AREA

  • FIRST WELL SUCCESSFULLY ENCOUNTERED A 16 METRE OIL COLUMN IN HIGH-QUALITY GAMBA RESERVOIR SANDS ADJACENT TO HIBISCUS FIELD

  • SECOND WELL CONFIRMED EXTENSION OF HIBISCUS STRUCTURE WITH PRESENCE OF A 30 METRE OIL COLUMN IN HIGH-QUALITY GAMBA SANDS

  • OPERATOR ESTIMATES AGGREGATE RECOVERABLE OIL OF 8-9 MILLION BARRELS

  • FIRST NEW PRODUCTION WELL EXPECTED ONSTREAM IN EARLY 2027

  • JOINT VENTURE ASSESSING FIFTH PRODUCTION WELL TO DRAIN AT LEAST 6 MILLION BARRELS

  • BORR PROSPECTOR 5 RIG MOBILISING TO MABOMO PLATFORM FOR PHASE 2 DRILLING CAMPAIGN

Source text: ID:nWkr1PL0Rn

Further company coverage: PENR.OL


(Gdansk Newsroom)

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

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