Oslo, 20 November 2017 - Panoro Energy ASA (the "Company" or "Panoro" with OSE
ticker: "PEN") announces that Richard Morton, the Technical Director at Panoro,
has purchased today 35,000 shares at an average price of NOK 4.6566 per share.
Following this, Mr. Morton controls 91,214 shares in the Company representing
0.215% of the total number of shares and holds 106,667 RSUs awarded under the
Company's Long Term Incentive Plan which, subject to fulfilling the vesting
conditions, entitles Mr. Morton to 106,667 shares in the Company.
This information is subject to the disclosure requirements pursuant to section 5
-12 of the Norwegian Securities Trading Act.
Enquiries:
Panoro Energy ASA +44 203 405 1060
Qazi Qadeer, Chief Financial Officer info@panoroenergy.com
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 production,
exploration and development assets in West Africa, namely the Dussafu License
offshore southern Gabon and OML 113 offshore western Nigeria. In addition to
discovered hydrocarbon resources and reserves, both assets also hold significant
exploration potential. For more information, please visit the Company's website
at www.panoroenergy.com.