Panoro Energy – Equatorial Guinea Operations Update: Akeng Deep Result and Second Infill Well Onstream
Oslo, 29 November 2024 – Panoro Energy ASA (“Panoro” or the “Company”) can confirm that drilling of the S-6 (“Akeng Deep”) exploration well at Block S offshore Equatorial Guinea has concluded. The well was drilled to a total vertical depth of approximately 4,030 metres and encountered oil zones in the Upper Albian which, following evaluation of all data gathered, is deemed sub-commercial by the partners. Panoro holds a 12 per cent participating interest in Block S. Other partners are Kosmos Energy (operator), Trident Energy and GEPetrol. At Block G, first oil from the Okume infill well