Panoro energy asa (pen.ol)

sulzrox · august 27, 2019, 11:13am

Ligger forsatt i nedtrend.

TekBot · august 29, 2019, 5:31am

Panoro Announces 89% increase in 2P Oil Reserves at the Dussafu PSC, Offshore Gabon

Oslo, 29 August 2019 - Panoro Energy ASA (the “Company” or “Panoro” with OSE
ticker: “PEN”) is pleased to announce the release of a mid-year update of the
oil reserves report from independent reserves auditor Netherland, Sewell &
…

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Associates Inc. (“NSAI”) on certain fields located within the Dussafu Production
Sharing Contract (the “Dussafu PSC”), offshore Gabon.

The 2P gross reserves at Dussafu PSC have increased by 31.2 MMbbls, or 89%,
compared to those reported at year-end 2018.

John Hamilton, Chief Executive Officer of Panoro, said “This mid year reserves
report from NSAI shows a 89% growth of our net 2P reserves at Dussafu and
confirms the value of our Gabonese asset. We are very encouraged by the
continued upward revision of reserve estimates and will continue to progress the
development potential at Dussafu”.

NSAI has revised estimates for Tortue reserves based on production to date and
provided new estimates for reserves at the Ruche and Ruche NE fields. NSAI has
calculated the following estimates for the total gross economically recoverable
oil reserves as at June 30, 2019, derived from the assumed production from six
oil wells at the Tortue field and six oil wells at the Ruche and Ruche NE
fields:

· Proved (1P) reserves of 43.5 MMbbls
· Proved + Probable (2P) reserves of 66.3 MMbbls
· Proved + Probable + Possible (3P) reserves of 86.4 MMbbls

The increase in reserves is firstly due to an increase in the 2P gross remaining
reserves at Tortue by 5.8 million barrels, approximately 16% higher compared to
year end 2018 and secondly the addition of new 2P gross reserves at Ruche and
Ruche NE amounting to 25.4 million barrels.
Enquiries
Panoro Energy ASA

John Hamilton, Chief Executive Officer
Tel: +44 203 405 1060
Email: [email protected]
About Panoro Energy

Panoro Energy ASA is an independent E&P company based in London and listed on
the Oslo Stock Exchange with ticker PEN. The Company holds high quality
production, exploration and development assets in Africa, namely the Dussafu
License offshore southern Gabon, OML 113 offshore western Nigeria, and the TPS
operated assets, Sfax Offshore Exploration Permit and Ras El Besh Concession,
offshore Tunisia. For more information, please visit the Company’s website
at www.panoroenergy.com.

Kilde

TekBot · august 30, 2019, 5:41am

Panoro Encounters Hydrocarbons at Hibiscus Updip Prospect

Oslo, 30 August 2019 - Panoro Energy ASA (the “Company” or “Panoro” with OSE
ticker: “PEN”) is pleased to announce that the Hibiscus Updip well (“DHIBM-1”),
currently being drilled on the Dussafu Marin Permit (“Dussafu”) offshore Gabon,
…

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has encountered hydrocarbons.

Logging operations and evaluation of the oil discovery are currently underway,
following which Panoro expects a side-track of DHIBM-1 to be drilled. Further
updates will be provided following completion of these activities.
Enquiries
Panoro Energy ASA

John Hamilton, Chief Executive Officer
Tel: +44 203 405 1060
Email: [email protected]
About Panoro Energy
Panoro Energy ASA is an independent E&P company based in London and listed on
the Oslo Stock Exchange with ticker PEN. The Company holds high quality
production, exploration and development assets in Africa, namely the Dussafu
License offshore southern Gabon, OML 113 offshore western Nigeria, and the TPS
operated assets, Sfax Offshore Exploration Permit and Ras El Besh Concession,
offshore Tunisia. For more information, please visit the Company’s website
at www.panoroenergy.com.

Kilde

sulzrox · august 30, 2019, 9:01am

BWO presentasjon er i gang :
https://events.webcast.no/bw-offshore/quarterly-presentations/bw-offshore-q2-2019

Nå bores det sidesteg på Hibiscus Updip så her er det olje!
Suverent.
Om 2 til 3 veker får vi eit anslag på hvor mye.

sulzrox · september 2, 2019, 8:15am

Tester trend

Sualc77 · september 2, 2019, 3:55pm

Skal vi endelig opp og frem…

sulzrox · september 2, 2019, 9:00pm

Det kommer kanskje ann på brønn data om 2-3 veker og ikkje minst oljeprisen.
Teknisk ble det ein fin dag men vi er opp ca 30%, så forvent at vi snart kan få ei pause. (19,50 - 20 vil være naturlig )

sulzrox · september 6, 2019, 7:10pm

Mads Johannesen eier aksjer og anbefaler kjøp i Panoro Energy, som er blitt forvandlet fra et selskap i ingenmannsland, til å bli en stor oljeprodusent i Afrika. (Nordnet)

Oljeproduksjonen er økt betydelig og det har den seneste tiden blitt meldt om flere oljefunn. Panoro Energy handles til en P/E på 5, som er billig for et selskap med stort vekstpotensial. Risikoen er imidlertid relativt høy, sier han.

sulzrox · september 6, 2019, 7:32pm

Fin veke. Topp ble 19,46.
Rolig neste veke? Ned mot 18 til 17,50?

sulzrox · september 10, 2019, 9:07am

Sterk oljepris fører til at PEN har lyst til å gå videre.
Ca ei veke til vi får svar på hvor mye olje vi fann.

Olje

TekBot · september 11, 2019, 5:48am

PANORO ENERGY ANNOUNCES HIBISCUS UPDIP UPDATE AND PRESENTATION AT PARETO CONFERENCE

Oslo, 11 September 2019 - Panoro Energy ASA (OSE Ticker: “PEN”) is pleased to
report an update on its drilling operation on the Hibiscus Updip well (“DHIBM
-1”), located on Dussafu Marin Permit (“Dussafu”), offshore Gabon.
…

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The DHIBM-1 well was drilled on the Hibiscus Updip prospect and reached a Total
Depth of 3,538 metres. An oil discovery was made in the Gamba formation with an
overall hydrocarbon column of 33 metres and average porosities ranging between
21% and 23%.

The initial results of logging the Gamba formation at Hibiscus Updip are highly
encouraging. Our operating partner’s preliminary assessment indicates that the
discovery may be larger than the gross pre-drill estimate of 12 million barrels
of prospective resources. The Joint Venture partners have therefore decided to
proceed with a sidetrack of the DH1BM-1 well and we will provide an update of
the results of this sidetrack in due course.

Panoro Energy will present today at Pareto Securities’ 26th Oil & Offshore
Conference in Oslo and provide further updates.

A copy of the presentation will be made available during the course of the day
on our website at www.panoroenergy.com.

Enquiries
John Hamilton, Chief Executive Officer
Tel: +44 203 405 1060
Email: [email protected]

About Panoro Energy
Panoro Energy ASA is an independent E&P company based in London and listed on
the Oslo Stock Exchange with ticker PEN. The Company holds high quality
production, exploration and development assets in Africa, namely the Dussafu
License offshore southern Gabon, OML 113 offshore western Nigeria, and the TPS
operated assets, Sfax Offshore Exploration Permit and Ras El Besh Concession,
offshore Tunisia. For more information, please visit the Company’s website
at www.panoroenergy.com.

This information is subject to the disclosure requirements pursuant to section 5
-12 of the Norwegian Securities Trading Act.

Kilde

sulzrox · september 11, 2019, 12:55pm

BWO presentasjon

sulzrox · september 14, 2019, 7:44am

Panoro i dagens Finansavisen:

Børsens beste oljeaksje

SpareBank1 kursmål 23.
Arctic kursmål 32.

Mulig PE på under 3 i 2021.

TekBot · oktober 4, 2019, 5:31am

Panoro Energy announces substantial oil discovery in Hibiscus Updip sidetrack

Oslo, 4 October 2019 - Panoro Energy ASA (OSE Ticker: “PEN”) is pleased to
report a positive update on its drilling operation on the Hibiscus Updip well
(“DHIBM-1”), located on Dussafu Marin Permit (“Dussafu”), offshore Gabon.
…

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John Hamilton, CEO of Panoro, commented: “Results of drilling at Hibiscus Updip
have significantly exceeded expectations. Both the original wellbore and
sidetrack have encountered oil columns with excellent reservoir properties and
our estimate of gross recoverable oil at Hibiscus Updip is between 40 and 50
million barrels. Our phase 3 development plans to tie the nearby Ruche and Ruche
NE fields back to the Adolo FPSO are now being expanded to include a possible
fast-track development of the discovery. Additionally, this successful well
enables us to further de-risk Gamba prospectivity in the Hibiscus area where we
see significant additional potential. We are extremely pleased with the
continued drilling success at Dussafu, and now look forward to the commencement
of the production drilling phase at Tortue”.

The DHIMB-1 well was initially drilled in 116 metres of water to a vertical
depth of 3,538 metres. On August 30, 2019, Panoro announced an oil discovery in
the pre-salt Gamba reservoir with plans to drill a sidetrack to appraise the
extent of the Hibiscus Updip discovery.

The Hibiscus Updip oil discovery has been appraised by drilling a sidetrack
(DHIBM-1ST1) to the northwest to test the lateral extent and structural
elevation of the Gamba reservoir. The sidetrack was drilled to a Total Depth
(TD) of 3,500 metres, (3,049 metres True Vertical Depth Subsea (TVDSS))
approximately 1.1 km from the original wellbore and found a 33 metre oil column
with 26 metres of oil pay in the Gamba reservoir with better reservoir character
and a similar fluid level to that encountered in the vertical well, DHIBM-1.

Panoro and the operator, BW Energy, estimate the gross recoverable resources
discovered to be in the range of 40 to 50 million barrels of oil. Further upside
potential exists in the wider Hibiscus area which will be the focus of future
exploration drilling.

The well will now be plugged and abandoned pending future appraisal and
development activities. The rig will then move to drill the first of four new
oil production wells at the Tortue field.

Enquiries
John Hamilton, Chief Executive Officer
Tel: +44 203 405 1060
Email: [email protected]

About Panoro Energy
Panoro Energy ASA is an independent E&P company based in London and listed on
the Oslo Stock Exchange with ticker PEN. The Company holds high quality
production, exploration and development assets in Africa, namely the Dussafu
License offshore southern Gabon, OML 113 offshore western Nigeria, and the TPS
operated assets, Sfax Offshore Exploration Permit and Ras El Besh Concession,
offshore Tunisia. For more information, please visit the Company’s website
at www.panoroenergy.com.

This information is subject to the disclosure requirements pursuant to section 5
-12 of the Norwegian Securities Trading Act.

Kilde

sulzrox · oktober 4, 2019, 6:08am

Kjempe flott melding.

TekBot · oktober 8, 2019, 5:30am

Panoro Energy to attend and present at the 2019 Nordic-African Business Summit in Oslo

Oslo, 08 October 2019 - Panoro Energy ASA (the “Company” with OSE Ticker: “PEN”)
is pleased to announce that the Company’s CEO John Hamilton will be presenting
and attending as a guest speaker at the panel of West African Roundtable in the
…

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2019 Nordic-African Business Summit, being held today in Oslo.

The Nordic-African Business Summit is the Nordic region’s leading business
conference focusing exclusively on African markets. 400 guests from more than 35
countries will gather for the 9th consecutive Nordic-African Business Summit.
Details of the Summit and attending speakers are available on the dedicated
website at summit.norwegianafrican.no.

Enquiries
Qazi Qadeer, Chief Financial Officer
Tel: +44 203 405 1060
Email: [email protected]

About Panoro Energy
Panoro Energy ASA is an independent E&P company based in London and listed on
the Oslo Stock Exchange with ticker PEN. The Company holds high quality
production, exploration and development assets in Africa, namely the Dussafu
License offshore southern Gabon, OML 113 offshore western Nigeria, and the TPS
operated assets, Sfax Offshore Exploration Permit and Ras El Besh Concession,
offshore Tunisia. For more information, please visit the Company’s website
at www.panoroenergy.com.

Kilde

sulzrox · oktober 9, 2019, 12:05pm

Meglerforetaket estimerer en totalproduksjon på 4.000 fat om dagen i 2022 med operasjonelle kostnader per fat på om lag 15 dollar. For 2022-2023 ser Pareto-analytikerne en fri kontantstrøm på 40 millioner dollar, tilsvarende om lag 367 millioner kroner, noe som impliserer en fri kontantstrøm-yield på 30 prosent.

sulzrox · oktober 10, 2019, 8:20am

ny

sulzrox · oktober 11, 2019, 8:25am

Noen som kan bekrefte med link at Artic har 40 kr som kursmål?
Kan ikkje finne noe bekreftende

Edit:
Fann det
Ellers i olje spretter Panoro Energy opp 6,1 prosent til 21,85 kroner etter at Arctic Securities ifølge TDN Direkt har høynet kursmålet fra 32 til 40 kroner.

sulzrox · oktober 11, 2019, 9:27am

På bakgrunn av oppdateringene rundt Hibiscus-funnet i Gabon, oppjusterer Arctic Securities ifølge en oppdatering kursmålet på Panoro Energy til 40 kroner fra 32 kroner, skriver TDN Direkt.
sterk tekst

Hibiscus er en «game changer» som låser opp nye muligheter på Dussafu-lisensen, ifølge meglerhuset.