{"id":8976,"date":"2020-08-27T08:34:09","date_gmt":"2020-08-27T08:34:09","guid":{"rendered":"http:\/\/oilnewskenya.com\/?p=8976"},"modified":"2020-08-27T08:56:05","modified_gmt":"2020-08-27T08:56:05","slug":"tunisia-gabon-panoro-energy-provides-operations-for-h1-2020","status":"publish","type":"post","link":"https:\/\/www.oilnewskenya.com\/index.php\/tunisia-gabon-panoro-energy-provides-operations-for-h1-2020\/","title":{"rendered":"TUNISIA\/ GABON: Panoro Energy Provides Operations for H1 2020"},"content":{"rendered":"<p><strong><u>Operational Highlights<\/u><\/strong><\/p>\n<p>Production and lifting operations maintained and largely unaffected through crisis<\/p>\n<p>Health and Safety systems and protocols proved resilient<\/p>\n<p>In Gabon, quarterly production at record high of 15,991 bopd gross on average, with current production in excess of 18,000 bopd<\/p>\n<p>At Dussafu, seismic reprocessing completed, potential for material increase in hydrocarbon volumes at Hibiscus<\/p>\n<p>Tunisian quarterly production of 3,903 bopd gross on average, with periods of production at 4,300<\/p>\n<p>In Tunisia, operational constraints imposed by the COVID-19 pandemic gradually began to be released in the latter part of May though international travel restrictions still apply<\/p>\n<p>Workover activities recommenced in June with multiple wells currently being prepared for production<\/p>\n<p>Guebiba 10 side- track spud in August with rig CTF 06, targeting undrained oil in a location close to the crest of the field<\/p>\n<p><strong><u>Outlook and Guidance<\/u><\/strong><\/p>\n<ul>\n<li>Two international liftings (one of each Tunisia and Gabon) for 3Q; three liftings expected in 4Q (two Gabon, one Tunisia)<\/li>\n<li><\/li>\n<li>Hedging position remains strong at approximately 25% of production hedged until end 2021 at USD 55 per barrel<\/li>\n<li><\/li>\n<li>2020 net production guidance of 2,300-2,500 bopd<\/li>\n<li>In Gabon, production from DTM-6H (drilled but not tied in) and DTM-7H (to be drilled) to be brought into production likely during 1H 2021<\/li>\n<li><\/li>\n<li>Production growth activity in Tunisia at unprecedented levels<\/li>\n<li><\/li>\n<li>Dividend of PetroNor shares to Panoro shareholders upon completion of sale of Aje<\/li>\n<\/ul>\n<p><strong><em>(1) Discontinued Operations<\/em><\/strong><\/p>\n<p><em>Aje operations in Nigeria classified as discontinued operations following divestment agreement, pending completion, and excluded from continuing activities.<\/em><\/p>\n<p>Panoro holds production, exploration and development assets in Africa, namely the Dussafu License offshore southern Gabon, OML 113 offshore western Nigeria, and the TPS operated assets, Sfax Offshore Exploration Permit and Ras El Besh Concession, offshore Tunisia.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Operational Highlights Production and lifting operations maintained and largely unaffected through crisis Health and Safety systems and protocols proved resilient In Gabon, quarterly production at record high of 15,991 bopd &hellip; <a href=\"https:\/\/www.oilnewskenya.com\/index.php\/tunisia-gabon-panoro-energy-provides-operations-for-h1-2020\/\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":24,"featured_media":8977,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[7442,7446,11,7444],"tags":[8317,944,1749,8318,8316,8320,8319,2578],"class_list":["post-8976","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-countries","category-north-africa","category-top-news","category-west-africa","tag-dussafu-license","tag-gabon","tag-nigeria","tag-oml-113","tag-panoro-energy","tag-ras-el-besh-concession","tag-sfax-offshore-exploration-permit","tag-tunisia","entry"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/08\/Panoro-Energy-operations.jpg?fit=388%2C470&ssl=1","jetpack_shortlink":"https:\/\/wp.me\/p5JWkQ-2kM","jetpack-related-posts":[{"id":9455,"url":"https:\/\/www.oilnewskenya.com\/index.php\/tunisia-gabon-panoro-energy-provides-operational-update\/","url_meta":{"origin":8976,"position":0},"title":"TUNISIA\/ GABON: Panoro Energy Provides Operational Update","author":"","date":"November 23, 2020","format":false,"excerpt":"Operational Highlights Group net production of 2,117 bopd for Q3 2020, down slightly on Q2 due to announced pump replacements during the quarter in Tunisia Production and lifting operations maintained and largely unaffected through the crisis Health and Safety systems and protocols proved resilient Gabon In Gabon, quarterly production of\u2026","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/08\/Panoro-Energy-operations.jpg?fit=388%2C470&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":9973,"url":"https:\/\/www.oilnewskenya.com\/index.php\/panoro-energy-provides-2020-y-e-operational-update\/","url_meta":{"origin":8976,"position":1},"title":"Panoro Energy Provides 2020 Y\/E Operational Update","author":"","date":"February 25, 2021","format":false,"excerpt":"Operational Highlights Annual group production net to Panoro of 0.81 MMbbls with average daily rate of approximately 2,200 bopd. Average production of approximately 2,350 bopd for Q4 2020 due to improved production in Tunisia Production and lifting operations maintained and largely unaffected through the crisis Health and Safety systems and\u2026","rel":"","context":"In &quot;Central Africa&quot;","block_context":{"text":"Central Africa","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/central-africa\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/08\/Panoro-Energy-operations.jpg?fit=388%2C470&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":15548,"url":"https:\/\/www.oilnewskenya.com\/index.php\/panoro-energy-provides-operations-update-for-equatorial-guinea-gabon-tunisia\/","url_meta":{"origin":8976,"position":2},"title":"Panoro Energy Provides Operations Update for Equatorial Guinea, Gabon &amp; Tunisia","author":"","date":"January 21, 2026","format":false,"excerpt":"Equatorial Guinea As previously communicated, production at Block G offshore Equatorial Guinea (Panoro 14.25 percent) has been impacted by unplanned facilities related downtime at the Ceiba field Progress is being made with partial restoration of production at Ceiba achieved. Work will continue in 2026 to regain full potential and ensure\u2026","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2026\/01\/Panoro-Energy.png?fit=664%2C320&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2026\/01\/Panoro-Energy.png?fit=664%2C320&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2026\/01\/Panoro-Energy.png?fit=664%2C320&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":14569,"url":"https:\/\/www.oilnewskenya.com\/index.php\/gabon-panoro-energy-provides-dussafu-operations-update-2\/","url_meta":{"origin":8976,"position":3},"title":"GABON: Panoro Energy Provides Dussafu Operations Update","author":"","date":"October 23, 2024","format":false,"excerpt":"John Hamilton, CEO of Panoro, commented: \u201cWe are pleased to have safely and successfully delivered the current production drilling campaign at Dussafu, which was expanded to eight wells in order to accommodate fast-track development of the two new discoveries which were announced during May 2024. With five out of the\u2026","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2023\/11\/Gabon-dussafu.jpg?fit=1000%2C744&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2023\/11\/Gabon-dussafu.jpg?fit=1000%2C744&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2023\/11\/Gabon-dussafu.jpg?fit=1000%2C744&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2023\/11\/Gabon-dussafu.jpg?fit=1000%2C744&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":15337,"url":"https:\/\/www.oilnewskenya.com\/index.php\/15337-2\/","url_meta":{"origin":8976,"position":4},"title":"Panoro Energy has provided an\u2026","author":"","date":"November 6, 2025","format":false,"excerpt":"Panoro Energy has provided an operations update in advance of its third quarter 2025 results. Production and Operations Update Group working interest production in Q3 and for the first nine months of 2025 was: Average W.I. production - bopdQ3 20259M 2025Gabon4,7605,971Equatorial Guinea2,5253,103Tunisia1,5261,537Total8,81110,611 Full-year 2025 working interest production expected to be\u2026","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2024\/07\/Gabon-Dussafu-1.webp?fit=1000%2C744&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2024\/07\/Gabon-Dussafu-1.webp?fit=1000%2C744&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2024\/07\/Gabon-Dussafu-1.webp?fit=1000%2C744&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2024\/07\/Gabon-Dussafu-1.webp?fit=1000%2C744&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":12224,"url":"https:\/\/www.oilnewskenya.com\/index.php\/panoro-energy-provides-2022-operations-update\/","url_meta":{"origin":8976,"position":5},"title":"Panoro Energy Provides 2022 Operations Update","author":"","date":"May 6, 2022","format":false,"excerpt":"Equatorial Guinea (Panoro: 14.25%) Q1 2022 working interest production averaged approximately 4,968 bopd (gross production 34,866 bopd) Operator Trident Energy is undertaking a workover programme at the Okume Complex and has completed the Okume upgrade project which will improve process reliability, power generation and fluid handling \/ injection capabilities Ceiba\u2026","rel":"","context":"In &quot;Central Africa&quot;","block_context":{"text":"Central Africa","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/central-africa\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/08\/Panoro-Energy-operations.jpg?fit=388%2C470&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/8976","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/users\/24"}],"replies":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/comments?post=8976"}],"version-history":[{"count":3,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/8976\/revisions"}],"predecessor-version":[{"id":8980,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/8976\/revisions\/8980"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/media\/8977"}],"wp:attachment":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/media?parent=8976"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/categories?post=8976"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/tags?post=8976"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}