Panoro Energy – Ratification of Block EG-01 Award and Approval of Block S Farm-in Offshore Equatorial Guinea
Oslo, 20 April 2023 – Panoro Energy ASA (“Panoro” or the “Company”) is pleased to confirm that the award of Block EG-01, announced by the Company on 20 February 2023, has been ratified by the Government of Equatorial Guinea. Panoro has been awarded a 56 percent operated interest in Block EG-01 alongside partners Kosmos Energy (24 percent) and GEPetrol (20 percent). Separately, Panoro is pleased to also announce that all necessary approvals have been received allowing for the completion of Panoro’s farm-in to the Kosmos Energy operated Block S offshore Equatorial Guinea which was