Invitation to attend conference call at 08:30 CET on 29 June 2018

Oslo, 28 June 2018 – Panoro Energy is pleased to invite investors to attend a conference call at 08:30 a.m. CET on Friday 29 June 2018 during which management will discuss Panoro's recently announced acquisition of DNO Tunisia AS and the successful private placement. A copy of the presentation is available on our website at http://www.panoroenergy.com/investors/presentations/.

Participants are requested to dial in five to ten minutes prior to the start time using the numbers and password below:

Local - Oslo, Norway                              +47 21 563 318
Toll Free – Norway                                 800 19 457
Local – New York, USA                          +1 212 999 6659
Toll Free – USA                                      +1 866 966 5335
Local – London, UK                               +44 (0) 20 3003 2666
Toll Free – UK                                        0808 109 0700
Password:                                              Panoro

Participants dialling in from outside these countries may use the UK or USA number.

Enquiries:

Qazi Qadeer, Chief Financial Officer
Tel:    +44 203 405 1060
Email: info@panoroenergy.com

About Panoro Energy

Panoro Energy ASA is an independent E&P company based in London and listed on the Oslo Stock Exchange with ticker PEN. The Company holds production, development, and exploration assets in West Africa, namely OML 113 offshore western Nigeria and the Dussafu License offshore southern Gabon. In addition to discovered hydrocarbon resources and reserves, both assets also hold significant exploration potential. For more information, please visit the Company’s website at www.panoroenergy.com.