Resignation of Board member

Panoro Energy ASA ("PEN", OSE ticker code), the independent oil and gas company with assets in West Africa and Brazil announces that the Board member Jørgen C. Arentz Rostrup has decided to resign as member of the Board of Directors of Panoro Energy ASA for personal reasons with immediate effect.

For further information, please contact: 

Dr Phil Vingoe, Chairman of the Board of Panoro Energy ASA,
Tel: +44 7786437762

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.