Panoro Energy – Commencement of Operations on Gazania-1 Exploration Well Offshore South Africa
Oslo, 4 October 2022 – Panoro Energy ASA (“Panoro” or the “Company”) notes that Eco Atlantic as operator of Block 2B offshore South Africa (Panoro working interest 12.5%), has today announced the arrival of the Island Innovator semi-submersible drilling rig on Block 2B and the commencement of operations on the Gazania-1 exploration well. The Gazania-1 exploration well is being drilled in approximately 150 metres of water and is located 25 kilometres offshore the Northern Cape in the Orange Basin. The well is located up-dip of the AJ-1 oil discovery well drilled on the block in 1988 and