Panoro Energy – Block G Equatorial Guinea update
Oslo, 9 August 2021 – Panoro Energy ASA (“Panoro”) notes the operations update issued today by joint venture partner Kosmos Energy in relation to the producing Block G (Ceiba field and Okume Complex), offshore Equatorial Guinea, where Panoro holds a 14.25% Working Interest. Gross production at Block G averaged 29,100 bopd in the second quarter. The Okume upgrade project is expected to be completed in the fourth quarter and will contribute additional power, water injection and gas lift capacity necessary for further de-bottlenecking of the facilities and additional electrical