Information Memorandum for Panoro Energy ASA

Panoro Energy ASA ("PEN", OSE ticker code): Reference is made to the stock exchange notice of 15 May 2013 regarding the divestment of its Brazilian subsidiary Rio das Contas to GeoPark Brasil Ltda. Panoro Energy ASA has today published an information memorandum in this regard. The information memorandum is also available on www.panoroenergy.no.

Oslo, 14 June 2013

Panoro Energy ASA

This information is subject of the disclosure requirements pursuant to section

5-12 of the Norwegian Securities Trading Act.

For further information, please contact:
Carl Peter Berg, VP Commercial and Investor Relations
Tel: +55 21 3078 7472
Cell: +55 21 8541 1907
Email: carl.peter.berg@panoroenergy.com
Please visit www.panoroenergy.com for more information.