Panoro Energy (PEN NO)C; Target price NOK23.00 per share: Boosting returns in Gabon, gearing for exploration - BW Energy, the operator of the Dussafu licence is reviewing the development concept of Hibiscus and Ruche with a jack-up conversion instead of a new build wellhead platform. Overall, this could reduce the break-even of the project from US$30/bbl to US$25/bbl, reflecting the current low cost of barges. The operator now estimates that the project would achieve an IRR of 15% at US$30/bbl ( ....
18 Sep 2020
Auctus on Friday - 18/09/2020
BP p.l.c. (BP:LON), 508 | Caspian Sunrise PLC (CASP:LON), 3.6 | Energean Plc (ENOG:LON), 1,180 | Eni S.p.A. (ENI:WBO), 0 | Panoro Energy ASA (0N08:LON), 0 | Harbour Energy Plc (HBR:LON), 309 | Reabold Resources plc (RBD:LON), 0.1 | SDX Energy PLC (SDX:LON), 3.8
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Auctus on Friday - 18/09/2020
BP p.l.c. (BP:LON), 508 | Caspian Sunrise PLC (CASP:LON), 3.6 | Energean Plc (ENOG:LON), 1,180 | Eni S.p.A. (ENI:WBO), 0 | Panoro Energy ASA (0N08:LON), 0 | Harbour Energy Plc (HBR:LON), 309 | Reabold Resources plc (RBD:LON), 0.1 | SDX Energy PLC (SDX:LON), 3.8
- Published:
18 Sep 2020 -
Author:
Stephane Foucaud -
Pages:
5
Panoro Energy (PEN NO)C; Target price NOK23.00 per share: Boosting returns in Gabon, gearing for exploration - BW Energy, the operator of the Dussafu licence is reviewing the development concept of Hibiscus and Ruche with a jack-up conversion instead of a new build wellhead platform. Overall, this could reduce the break-even of the project from US$30/bbl to US$25/bbl, reflecting the current low cost of barges. The operator now estimates that the project would achieve an IRR of 15% at US$30/bbl ( ....