• There were no surprises in the 1Q20 financials.
• Panoro now produces 4,000 bbl/d (gross in Tunisia) and with the reopening of the country, work-over operations have restarted and production remains expected to reach 5,000 bbl/d very shortly.
• Additional side-tracks have the potential to add a further 500 bbl/d.
• The Salloum West 1 appraisal well is expected to be drilled in 4Q20.
• Production in Gabon is stable and with the hooking-up of the DTM-6H and DTM-7H wells, BW Energy (the operator ....
29 May 2020
Panoro Energy ASA (PEN NO): Foot on the accelerator in Tunisia
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Panoro Energy ASA (PEN NO): Foot on the accelerator in Tunisia
• There were no surprises in the 1Q20 financials.
• Panoro now produces 4,000 bbl/d (gross in Tunisia) and with the reopening of the country, work-over operations have restarted and production remains expected to reach 5,000 bbl/d very shortly.
• Additional side-tracks have the potential to add a further 500 bbl/d.
• The Salloum West 1 appraisal well is expected to be drilled in 4Q20.
• Production in Gabon is stable and with the hooking-up of the DTM-6H and DTM-7H wells, BW Energy (the operator ....