AUCTUS PUBLICATIONS
Panoro Energy (PEN NO)C: Better deal than expected in EG – Increasing our target price from NOK30 to NOK34 per share – The acquisition of Tullow’s EG asset has now closed and Panoro has paid a final consideration of US$89 mm in line with the initial price announced earlier (US$90 mm). Panoro has also sold a 903 mbbl cargo in EG associated with historical production in 2H20 and 1Q21 for US$59 mm net to Panoro (after royalty). This amount corresponds to Panoro’s net entitlement ....
09 Apr 2021
Auctus on Friday - 09/04/2021
88 Energy Limited (88E:ASX), 0 | Alvopetro Energy Ltd. (ALV:TSX), 0 | BP p.l.c. (BP:LON), 496 | Eni S.p.A. (ENI:MIL), 0 | OMV AG (OMV:WBO), 0 | Panoro Energy ASA (PEN:OSL), 0 | PetroTal Corp. (TAL:TSE), 0 | Pharos Energy PLC (PHAR:LON), 21.0 | Repsol SA (REP:MCE), 0 | Shell Plc (SHEL:LON), 2,628 | Tethys Oil AB (TETY:OME), 0 | TotalEnergies SE (TTE:PAR), 0 | Eni S.p.A. (0N9S:LON), 0 | OMV AG (0MKH:LON), 0 | Pennant International Group plc (PEN:LON), 29.7 | Repsol SA (0NQG:LON), 0 | Tethys Oil AB (0A1V:LON), 4,800
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Auctus on Friday - 09/04/2021
88 Energy Limited (88E:ASX), 0 | Alvopetro Energy Ltd. (ALV:TSX), 0 | BP p.l.c. (BP:LON), 496 | Eni S.p.A. (ENI:MIL), 0 | OMV AG (OMV:WBO), 0 | Panoro Energy ASA (PEN:OSL), 0 | PetroTal Corp. (TAL:TSE), 0 | Pharos Energy PLC (PHAR:LON), 21.0 | Repsol SA (REP:MCE), 0 | Shell Plc (SHEL:LON), 2,628 | Tethys Oil AB (TETY:OME), 0 | TotalEnergies SE (TTE:PAR), 0 | Eni S.p.A. (0N9S:LON), 0 | OMV AG (0MKH:LON), 0 | Pennant International Group plc (PEN:LON), 29.7 | Repsol SA (0NQG:LON), 0 | Tethys Oil AB (0A1V:LON), 4,800
- Published:
09 Apr 2021 -
Author:
Stephane Foucaud -
Pages:
6
AUCTUS PUBLICATIONS
Panoro Energy (PEN NO)C: Better deal than expected in EG – Increasing our target price from NOK30 to NOK34 per share – The acquisition of Tullow’s EG asset has now closed and Panoro has paid a final consideration of US$89 mm in line with the initial price announced earlier (US$90 mm). Panoro has also sold a 903 mbbl cargo in EG associated with historical production in 2H20 and 1Q21 for US$59 mm net to Panoro (after royalty). This amount corresponds to Panoro’s net entitlement ....