Panoro Energy – 2022 Half Year Results
Oslo, 24 August 2022 – Panoro Energy ASA (“Panoro” or the “Company” with OSE Ticker: PEN) is pleased to report financial and operational performance for the first half of 2022 in line with internal expectations. Working interest production from Panoro’s diversified oil portfolio during the first six months averaged approximately 7,900 bopd, with production expected to increase through to year end. Financial results reflect the previously communicated timing of Panoro’s crude lifting schedules. Since 30 June Panoro has lifted 865,200 barrels at an average realised price of USD 107.22 per