Panoro Energy – Trading Statement and Operations Update
Oslo, 3 February 2022 – Panoro Energy ASA (“Panoro” or the “Company”) today provides an update in advance of its full year 2021 results which are scheduled for release on 23 February 2022. Information contained within this release is unaudited and may be subject to further review and amendment. In 2021 Panoro’s working interest production more than tripled year-on-year to approximately 7,600 bopd (proforma basis) while revenue increased almost five-fold to approximately USD 118 million as higher oil prices combined with the production uplift. The Company has line of sight on organic