Positive update in Gabon
• 1Q24 gross production was 24,840 boe/d increasing to 29,800 boe/d to date in 2Q24 (Panoro WI: 17.5%).
• The increasing production reflects the first Hibiscus South well coming on stream in March and encouraging production performance from two wells on ESP at Hibiscus. A third Hibiscus well continues to produce on natural flow at high rate.
• We anticipate production will continue to grow given the addition of a recently completed well at Ruche that is expected to be pu ....
30 Apr 2024
Panoro Energy ASA (OSE: PEN): Drilling to restart in EG in June. 70% 2P reserve replacement ratio in 2023
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Panoro Energy ASA (OSE: PEN): Drilling to restart in EG in June. 70% 2P reserve replacement ratio in 2023
- Published:
30 Apr 2024 -
Author:
Stephane Foucaud -
Pages:
5
Positive update in Gabon
• 1Q24 gross production was 24,840 boe/d increasing to 29,800 boe/d to date in 2Q24 (Panoro WI: 17.5%).
• The increasing production reflects the first Hibiscus South well coming on stream in March and encouraging production performance from two wells on ESP at Hibiscus. A third Hibiscus well continues to produce on natural flow at high rate.
• We anticipate production will continue to grow given the addition of a recently completed well at Ruche that is expected to be pu ....