Panoro Energy ASA provided production guidance for the first quarter and full year 2024. for the quarter, the company expects group working interest production is expected to average 9,500 bopd to 10,000 bopd and aggregate liftings are expected to be approximately 750,000 barrels.

For the year, the company expects group working interest production to be average between 11,000 bopd to 13,000 bopd. The production range is based on operator forecasts, including assumptions on planned facility maintenance, facilities uptime and current estimates for recommencement of the Equatorial Guinea infill drilling campaign and aggregate liftings are expected to be approximately 3.7 million barrels based on current estimates, representing an increase of approximately 42% on 2023 liftings.