Panoro Energy – Strong July Lifting
Oslo, 19 July 2022 – Panoro Energy ASA (“Panoro” or the “Company”) is pleased to provide today an update on its July crude oil lifting schedule. John Hamilton, CEO of Panoro, commented: "We are pleased to have recorded our largest ever realized lifting to date with proceeds in excess of USD 80 million achieved from one oil cargo". The Company has completed its scheduled lifting of approximately 745,000 barrels of oil in Equatorial Guinea at a realized price of USD 108.50 net per barrel, after customary quality adjustments and selling costs and before the effect of hedging (which