Panoro Energy provides an update on 30 September 2019 Dussafu reserves report
Oslo, 21 January 2020 - Panoro Energy ASA (“Panoro” or the “Company” with OSE Ticker: “PEN”) notes the announcement made today by our operating partner BW Energy (“BWE”) in connection with their contemplated IPO citing the public release of the independent reserves auditor’s reports addressed to BWE and issued by Netherland, Sewell & Associates Inc. (“NSAI”) certifying reserves for Dussafu Marin Permit (“Dussafu”), offshore Gabon as of 30 September 2019. The gross reserves from the NSAI reports remain the same as announced in our press release of 30 October 2019 with: · Proved (1P)