Panoro Energy Announces Extension of Long Stop Date for Sale of Aje
Oslo, 31 December 2020 - Panoro Energy ASA (the "Company" or “Panoro” with OSE Ticker: “PEN”) is pleased to announce that PetroNor E&P Limited (“PetroNor”) and Panoro have reached an agreement to extend the completion long stop date for the previously announced sale of its fully-owned subsidiaries that hold 100% of the shares in Pan Petroleum Aje Limited ("Pan Aje") ("the Transaction"). The original long stop date was December 31, 2020, being the date by which authorisation of the Nigerian Department of Petroleum Resources and the consent of the Nigerian Minister of Petroleum Resources were