Invitation to 1st quarter 2012 presentation & webcast followed by Annual General Meeting

Panoro Energy ASA ("PEN", OSE ticker code) is pleased to invite you to the 1st quarter 2012 presentation followed by our Annual General Meeting at Wednesday May 9, 2012 at

Place: Hotel Continental, Stortingsgt 24/26, Oslo
Date: Wednesday May 9, 2012
Time: 08:30 CET

The presentation will be broadcasted live on our website www.panoroenergy.com and on Hegnar TV at 08:30 a.m.

The Annual General Meeting will start at 10:00 am at Hotel Continental. Reference is made to the Notice, Annual Report 2011 and registration/proxy form distributed on April 18, 2012.

For further information, please contact:

Jonas Gamre, Finance & Investor Relations Manager
Tel: +47 23 01 10 02
Cell: +47 971 18 292
Email: jonas.gamre@panoroenergy.com  

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.