Panoro Energy – 2023 Annual Statement of Reserves
Oslo, 24 April 2024 – Panoro Energy ASA (“Panoro” or the “Company”) is pleased to announce the release of its 2023 Annual Statement of Reserves (the “ASR”). Highlights Panoro’s total net working interest reserves as of 31 December 2023 were: Proved (1P) reserves of 23.22 MMbbls (31 December 2022: 23.41 MMbbls) Proved + probable (2P) reserves of 34.67 MMbbls (31 December 2022: 35.61 MMbbls) Proved + Probable + Possible (3P) reserves of 46.52 MMbbls (31 December 2022: 48.65 MMbbls) The year-on-year movement in Panoro’s 2P reserves at 31 December 2023 reflects production in