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Africa Oil Announces 2020 Fourth Quarter Results

Highlights Africa Oil fourth quarter net income of $79.8 million and full-year net income of $198.0 million, excluding a $215.6 million non-cash impairment of Kenya exploration assets posted in the first quarter 2020. Strong quarterly profit contribution … Read More

Panoro Energy Provides 2020 Y/E Operational Update

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 … Read More

NIGERIA: Panoro Energy Announces Extension of Long Stop Date for Sale of Aje

Panoro Energy ASA has announced that PetroNor E&P Limited (PetroNor) and Panoro have reached an agreement to extend the completion long stop date for the previously announced sale of its … Read More

TUNISIA: Panoro’s Guebiba 10 Well Successful Side-Track and Production Target Achieved

Panoro Energy has announced that the Guebiba 10 sidetrack well  located in the Guebiba oilfield in Tunisia and part of the Thyna Production Services concession has been successfully drilled and … Read More

TUNISIA/ GABON: Panoro Energy Provides Operations for H1 2020

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 … Read More

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