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    Panoro Energy ASA - Announces Transactions Made Under the Company’s Share Buyback Program

    Oslo, 10 January 2025 – Panoro Energy ASA (“Panoro” or the “Company”) (OSE: PEN) initiated a share buyback program on May 23, 2024 to repurchase up to NOK 100 million in value of the Company’s common shares in open market transactions on the OSE pursuant to an agreement with Arctic Securities AS. For the period from and including 02 January – 10 January 2025, Panoro purchased a total of 107,700 shares at an average price of NOK 28.9444 per share. The transactions effected through the agreement with Arctic comprise all the transactions effected by or on behalf of the Company during the

    Panoro Energy – Receipt of Bond Proceeds and Full Redemption of RBL Facility

    Oslo, 20 December 2024 – Reference is made to the announcement made by Panoro Energy ASA ("Panoro" or the “Company”) on 27 November regarding the successful placement of USD 150 million new senior secured bonds (the "Bonds" or "Bond Issue").The Company is pleased to announce that the net proceeds from the Bond Issue have now been released from escrow and used in part to fully repay the outstanding amount drawn under the Company’s Reserve Based Lending facility of USD 82.5 million plus all accrued and outstanding interest. The remaining net proceeds from the Bond Issue will be used for

    Panoro Energy ASA - Announces Transactions Made Under the Company’s Share Buyback Program

    Oslo, 06 December 2024 – Panoro Energy ASA (“Panoro” or the “Company”) (OSE: PEN) initiated a share buyback program on May 23, 2024 to repurchase up to NOK 100 million in value of the Company’s common shares in open market transactions on the OSE pursuant to an agreement with Arctic Securities AS. For the period from and including 29 November – 06 December 2024, Panoro purchased a total of 204,100 shares at an average price of NOK 26.9816 per share. The transactions effected through the agreement with Arctic comprise all the transactions effected by or on behalf of the Company during the

    Panoro Energy – Ex Cash Distribution Today

    Oslo, 3 December 2024 – The shares in Panoro Energy ASA will be traded ex cash distribution (NOK 0.427 per share) as from today, 3 December 2024. The payment date will be on or around 10 December 2024. Enquiries Qazi Qadeer, Chief Financial OfficerTel: +44 203 405 1060Email: investors@panoroenergy.com About Panoro Energy Panoro Energy ASA is an independent exploration and production company based in London and listed on the main board of the Oslo Stock Exchange with the ticker PEN. Panoro holds production, exploration and development assets in Africa, namely interests in

    Mandatory Notification of Trades – Chairman Buys Shares in Panoro Energy ASA

    Oslo, 3 December 2024 – Julien Balkany, Chairman of the Board of Panoro Energy ASA (the "Company") on 2 December 2024 acquired 50,000 shares in the Company on open market at a price per share of NOK 26.7945.  Following this transaction, Mr. Balkany directly and indirectly controls 3,762,211 shares in the Company. In addition to this, Mr. Balkany holds 48,000 options in the Company. Further detail of the transaction is set forth in the attached notification. This information is subject to the disclosure requirements pursuant to section 5 -12 and section 4-2 of the Norwegian Securities

    Financial Calendar for Panoro Energy ASA

    FINANCIAL YEAR 2024 24.04.2025 - Annual Report FINANCIAL YEAR 2025 21.08.2025 - Half-yearly Report 21.05.2025 - Annual General Meeting The Company holds a webcast presentation each quarter to discuss the results and operations. Event details are announced ahead of each quarterly update. The schedule for quarterly updates is as follows: FINANCIAL YEAR 2024 25.02.2025 – Trading and Financial Update – Q4 and Annual Results FINANCIAL YEAR 2025 21.05.2025 – Trading and Financial Update – Q1 20.11.2025 – Trading and Financial Update – Q3 The information presented

    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

    Panoro Energy ASA – Successful Placement of USD 150 Million Senior Secured Bond

    Oslo, 27 November 2024 – Panoro Energy ASA (“Panoro” or the “Company”) is pleased to announce that it has successfully completed a 5-year senior secured bond issue of USD 150 million with a coupon rate of 10.25 per cent.  The bonds will be issued at 99.20 per cent of nominal value. The bond issue attracted strong interest from both international and Nordic investors and was significantly oversubscribed. The net proceeds from the bond issue shall be applied towards refinancing of existing debt and general corporate purposes. Settlement of the bond issue is expected on or about 11 December

    Panoro Energy – Third Quarter 2024 Trading and Financial Update

    Oslo, 20 November 2024 – Panoro Energy ASA (“Panoro” or the “Company”) is pleased to report that its objective of reaching over 13,000 bopd working interest production by year-end has been achieved ahead of time. Gross production at the Dussafu Marin Permit offshore Gabon has reached targeted levels of over 40,000 bopd with Equatorial Guinea also making an increased contribution following the successfully concluded infill drilling campaign. Financial performance is in line with expectations, and reflects the Company’s previously communicated crude oil lifting schedule whereby

    Panoro Energy – Key Information on Cash Distribution

    Oslo, 20 November 2024 – The board of directors of Panoro Energy ASA (“Panoro” or the “Company”) today declares a cash distribution of NOK 0.427 per share (representing a cash distribution to shareholders of NOK 50 million). Distribution amount: NOK 0.427 per share Declared currency: NOK Last day of trading including right: 2 December 2024 Ex-distribution date: 3 December 2024 Record date: 4 December 2024 Payment date: On or about 10 December 2024 Date of approval: 19 November 2024 Distributions will be paid in NOK The cash distribution will be paid as a return of

    Panoro Energy – Announcement of fixed income investor meetings

    Oslo, 20 November 2024 – Panoro Energy ASA (“Panoro” or the “Company”) has mandated Arctic Securities and DNB Markets as joint bookrunners, and Sparebank 1 Markets as co-manager, to arrange a series of fixed income investor meetings commencing Thursday, 21 November 2024. A new USD-denominated 5-year senior secured bond issue may follow, subject to inter alia market conditions. The net proceeds from the potential bond issue shall be applied towards refinancing of existing debt and general corporate purposes of the group. Contact information For further information, please contact:

    Panoro Energy – Group Operations Update: Dussafu Production Reaches 40,000 bopd

    Oslo, 15 November 2024 – Panoro Energy ASA (“Panoro” or the “Company”) is pleased to provide an operations update in advance of its Q3 2024 results which are scheduled for release on 20 November 2024. At the Dussafu Marin Permit offshore Gabon gross production has reached targeted levels of 40,000 bopd, while in Equatorial Guinea the first of two planned infill wells was successfully put onstream at an initial gross rate in excess of 5,000 bopd on a restricted choke, in line with expectations. As a result, Panoro’s group working interest production has averaged approximately 12,500

    Panoro Energy – Invitation to Third Quarter 2024 Results Presentation

    Oslo, 13 November 2024 - The third quarter 2024 trading and financial update to be announced on Wednesday 20 November will be available on our website http://www.panoroenergy.com at 07:00 a.m. CEST. The company will hold a live webinar presentation at 09:00 a.m. CEST on Wednesday 20 November 2024, during which management will discuss the results and operations, followed by a Q&A session. The webinar presentation can be accessed through registering at the link below and the online event will be equipped with features to ask live questions. Joining instructions for participating online

    Panoro Energy – Production Sharing Contract Signed for Block EG-23 Offshore Equatorial Guinea

    Oslo, 13 November 2024 – Panoro Energy ASA (“Panoro” or the “Company”) is pleased to announce that it has finalised terms and signed a Production Sharing Contract (“PSC”) with the Government of Equatorial Guinea for offshore Block EG-23. Panoro now holds an 80 per cent participating interest and operatorship of Block EG-23. It is partnered by GEPetrol, which holds a 20 per cent participating interest. John Hamilton, CEO of Panoro, commented: “We are delighted to further expand our presence in Equatorial Guinea. Block EG-23 is our second operated asset in country and aligns well with

    Panoro Energy ASA - Announces Transactions Made Under the Company’s Share Buyback Program

    Oslo, 08 November 2024 – Panoro Energy ASA (“Panoro” or the “Company”) (OSE: PEN) initiated a share buyback program on May 23, 2024 to repurchase up to NOK 100 million in value of the Company’s common shares in open market transactions on the OSE pursuant to an agreement with Arctic Securities AS. For the period from and including 04 - 08 November 2024, Panoro purchased a total of 10,000 shares at an average price of NOK 26.9030 per share. The transactions effected through the agreement with Arctic comprise all the transactions effected by or on behalf of the Company during the period.

    Panoro Energy ASA - Announces Transactions Made Under the Company’s Share Buyback Program

    Oslo, 01 November 2024 – Panoro Energy ASA (“Panoro” or the “Company”) (OSE: PEN) initiated a share buyback program on May 23, 2024 to repurchase up to NOK 100 million in value of the Company’s common shares in open market transactions on the OSE pursuant to an agreement with Arctic Securities AS. For the period from and including 28 October through 01 November 2024, Panoro purchased a total of 10,000 shares at an average price of NOK 26.9979 per share. The transactions effected through the agreement with Arctic comprise all the transactions effected by or on behalf of the Company during

    Panoro Energy – Block G Infill Well Onstream Offshore Equatorial Guinea

    Oslo, 1 November 2024 – Panoro Energy ASA (“Panoro” or the “Company”) is pleased to announce that the C-45 infill well has successfully been put onstream by the Block G operator, Trident Energy, at an initial gross rate in excess of 5,000 bopd on a restricted choke, in line with expectations. The well is the first of two planned infill wells at the producing Ceiba Field and Okume Complex and was drilled with the Noble Venturer drill ship to a total depth of 3,148 metres, encountering good quality oil saturated reservoir sands in an un-swept zone of the Ceiba field. Drilling of the

    Panoro Energy – Agreements Signed for Blocks Niosi and Guduma Offshore Gabon

    Oslo, 31 October 2024 – Panoro Energy ASA (“Panoro” or the “Company”) is pleased to announce that following the provisional award of a 25 per cent participating interest in exploration blocks Niosi Marin (previously G12-13) and Guduma Marin (previously H12-13) offshore shallow water Gabon, final terms have been agreed with the Government of Gabon and the Company has signed Production Sharing Contracts (“PSCs”) covering the two blocks. John Hamilton, CEO of Panoro, commented: “Panoro has been present in Gabon since 2008, during which time we have organically grown reserves and

    Panoro Energy ASA - Announces Transactions Made Under the Company’s Share Buyback Program

    Oslo, 25 October 2024 – Panoro Energy ASA (“Panoro” or the “Company”) (OSE: PEN) initiated a share buyback program on May 23, 2024 to repurchase up to NOK 100 million in value of the Company’s common shares in open market transactions on the OSE pursuant to an agreement with Arctic Securities AS. For the period from and including 21 October through 25 October 2024, Panoro purchased a total of 20,000 shares at an average price of NOK 27.6352 per share. The transactions effected through the agreement with Arctic comprise all the transactions effected by or on behalf of the Company during

    Panoro Energy – Dussafu Operations Update

    Oslo, 22 October 2024 – Panoro Energy ASA (“Panoro” or the “Company”) is pleased to provide an update on operations at the Dussafu Marin Permit offshore Gabon in which Panoro holds a 17.5 per cent participating interest. John Hamilton, CEO of Panoro, commented: “We are pleased to have safely and successfully delivered the current production drilling campaign at Dussafu, which was expanded to eight wells in order to accommodate fast-track development of the two new discoveries which were announced during May 2024. With five out of the eight wells presently onstream, in addition to the

    Panoro Energy ASA - Announces Transactions Made Under the Company’s Share Buyback Program

    Oslo, 18 October 2024 – Panoro Energy ASA (“Panoro” or the “Company”) (OSE: PEN) initiated a share buyback program on May 23, 2024 to repurchase up to NOK 100 million in value of the Company’s common shares in open market transactions on the OSE pursuant to an agreement with Arctic Securities AS. For the period from and including 14 October through 18 October 2024, Panoro purchased a total of 15,000 shares at an average price of NOK 27.9342 per share. The transactions effected through the agreement with Arctic comprise all the transactions effected by or on behalf of the Company during

    Panoro Energy ASA - Announces Transactions Made Under the Company’s Share Buyback Program

    Oslo, 11 October 2024 – Panoro Energy ASA (“Panoro” or the “Company”) (OSE: PEN) initiated a share buyback program on May 23, 2024 to repurchase up to NOK 100 million in value of the Company’s common shares in open market transactions on the OSE pursuant to an agreement with Arctic Securities AS. For the period from and including 7 October through 11 October 2024, Panoro purchased a total of 15,000 shares at an average price of NOK 28.6867 per share. The transactions effected through the agreement with Arctic comprise all the transactions effected by or on behalf of the Company during

    Panoro Energy ASA - Announces Transactions Made Under the Company’s Share Buyback Program

    Oslo, 4 October 2024 – Panoro Energy ASA (“Panoro” or the “Company”) (OSE: PEN) initiated a share buyback program on May 23, 2024 to repurchase up to NOK 100 million in value of the Company’s common shares in open market transactions on the OSE pursuant to an agreement with Arctic Securities AS. For the period from and including 30 September through 4 October 2024, Panoro purchased a total of 35,000 shares at an average price of NOK 28.4755 per share. The transactions effected through the agreement with Arctic comprise all the transactions effected by or on behalf of the Company during

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