Panoro Energy – Dussafu Update
Oslo, 11 April 2023 – Panoro Energy ASA (“Panoro” or the “Company”) is pleased to announce first oil at the Hibiscus Ruche Phase I development on the Dussafu Marin Permit offshore Gabon (Panoro 17.5 percent working interest). Production from the DHIBM-3H well, the first of six production wells in this campaign, has been initiated and stabilised at a gross rate of 6,000 bopd from the prolific Gamba reservoir, in line with expectations. Following first oil from Hibiscus Ruche Phase I, commissioning of the new gas lift compressor onboard the FPSO BW Adolo is now in process to support