Panoro Energy – Provisional Exploration License Award Offshore Gabon
Oslo, 11 October 2021 – Panoro Energy ASA (“Panoro”) is pleased to announce that it has provisionally been awarded a 25.0% non-operated interest in exploration blocks G12-13 and H12-13 offshore shallow water Gabon, as notified in writing by the Minister of Petroleum, Gas and Mining of the Republic of Gabon. The provisional license award is part of the 12th Offshore Licensing Round and remains subject to final agreement of the terms of the production sharing contracts (PSC’s) with the Government of Gabon. Partners in the blocks will include BW Energy (37.5% and operator) and VAALCO Energy (