Panoro Energy – Production Sharing Contract Signed for Block EG-23 Offshore Equatorial Guinea
Oslo, 13 November 2024 – Panoro Energy ASA (“Panoro” or the “Company”) is pleased to announce that it has finalised terms and signed a Production Sharing Contract (“PSC”) with the Government of Equatorial Guinea for offshore Block EG-23. Panoro now holds an 80 per cent participating interest and operatorship of Block EG-23. It is partnered by GEPetrol, which holds a 20 per cent participating interest. John Hamilton, CEO of Panoro, commented: “We are delighted to further expand our presence in Equatorial Guinea. Block EG-23 is our second operated asset in country and aligns well with