Ceiba and Okume,
In June, the Operator Trident Energy commenced a planned three-well development drilling campaign with the spud of the Elon-C well, these are the first new wells to be drilled in the fields since 2015
- Post completion of acquisition from Tullow, crude lifting receipts of
US$ 59 million were received by Panoro in April
Dussafu Marin,
The DTM-7H production well at the Tortue field has reached target depth in the Gamba reservoir. High-quality oil-bearing sands were encountered in line with prognosis; completion operations at the well are ongoing
- The Hibiscus North exploration well is planned to spud during Q3
- Two crude liftings in Q2 as per guidance, one in each of April and June; Panoro's increased interest in Dussafu is benefitting from high commodity prices
TPS,
Production remains at Q1 levels with further workovers underway
- During June, Panoro completed an international crude lifting of approximately 105,000 barrels net to Panoro; two smaller domestic liftings during quarter
Block 2 B,
Rig contract discussions are advancing, with aim to spud Gazania exploration well by end of year
Aje OML 113,
Panoro continues to make good progress towards of the sale of its interest in OML 113 and the Aje field to
PetroNor E&P - Due to COVID related delays, Panoro and
PetroNor have agreed to extend the long stop date by three months untilSeptember 30 th 2021, to allow additional time for the statutory approvals process to complete
Enquiries
Tel: +44 203 405 1060
Email: investors@panoroenergy.com
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