Oslo, 2 July 2018 - Panoro Energy (the "Company" or "Panoro" with OSE ticker:
"PEN") is pleased to announce that following excellent progress on
commissioning, the Floating, Production, Storage and Offloading ('FPSO") vessel,
BW Adolo, has now left Singapore and is in route to the Tortue field, part of
the Dussafu block offshore Gabon. It is expected that the FPSO will arrive in
Gabonese waters in August 2018. The Tortue development project remains on course
to deliver first oil at Dussafu in 2H2018.
Enquiries:
John Hamilton, Chief Executive Officer
Tel: +44 203 405 1060
Email: 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,
development, and exploration assets in West Africa, namely OML 113 offshore
western Nigeria and the Dussafu License offshore southern Gabon. 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.