Panoro Energy Provides Tunisia Update
Oslo, 1 February 2019 – Panoro Energy ASA (the “Company” or “Panoro” with OSE Ticker: PEN) is pleased to provide an update on its Tunisian oil & gas assets. Material progress is being reported on the TPS assets (recently acquired from OMV) and the Sfax Offshore Permit (“SOEP”). At TPS, immediate production opportunities have been identified which should increase the existing daily output in the short term, while further opportunities exist to increase the reserve base of the TPS assets. In parallel, Panoro and the Tunisian Authorities have come to a constructive and mutually beneficial