Panoro Energy – Dussafu Drilling Update
Oslo, 20 July 2023 – Panoro Energy ASA (“Panoro” or the “Company”) is pleased to announce that the DHIBM-5H production well at the Hibiscus Ruche Phase I development offshore Gabon has successfully been drilled, completed and handed over to production operations without incident. The well encountered good quality oil saturated reservoir sands in the regionally prolific Gamba formation and has been put onstream at a rate of approximately 6,000 bopd, in line with expectations. The well was drilled with the Borr Norve jack-up drilling rig in 116 metres water depth and is the third in a six-