• There were no surprises in the 1H20 financials. Current gross production in Gabon is >18 mbbl/d. While two Tunisian wells were temporarily shut-in in 3Q for pump replacements (1 mbbl/d) during 3Q20, FY20 production guidance is broadly maintained at 2.3-2.5 mbbl/d (2.3-2.6 mbbl/d previously).
• The important news is the very large resources estimate increase at Greater Hibiscus. The Hibiscus South and Mupale prospects are now mapped by the operator as part of the Hibiscus structure with overall ....
28 Aug 2020
Panoro Energy ASA (OSE: PEN): Showcasing Gabon
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Panoro Energy ASA (OSE: PEN): Showcasing Gabon
• There were no surprises in the 1H20 financials. Current gross production in Gabon is >18 mbbl/d. While two Tunisian wells were temporarily shut-in in 3Q for pump replacements (1 mbbl/d) during 3Q20, FY20 production guidance is broadly maintained at 2.3-2.5 mbbl/d (2.3-2.6 mbbl/d previously).
• The important news is the very large resources estimate increase at Greater Hibiscus. The Hibiscus South and Mupale prospects are now mapped by the operator as part of the Hibiscus structure with overall ....