Extension of Long Stop Date for Sale of Aje
Oslo, 30 September 2021 - Panoro Energy ASA (the "Company" or “Panoro” with OSE Ticker: “PEN”) and PetroNor E&P Limited (“PetroNor”) have reached an agreement to extend the completion long stop date for the previously announced sale of its fully-owned subsidiaries that hold 100% of the shares in Pan Petroleum Aje Limited ("Pan Aje") ("the Transaction"). The amended long stop date to complete the Transaction is now 31 October 2021. The regulatory approval process in Nigeria is well underway and expected to conclude soon. An announcement will be made once the necessary regulatory approvals