Panoro Energy reports 8 — 9 million barrels of recoverable oil from Dussafu appraisal wells

Panoro Energy’s two appraisal wells at Dussafu offshore Gabon indicate estimated recoverable oil of 8 million to 9 million barrels. The company holds a 17.5% interest in the permit; the wells encountered oil columns of 16 meters and 30 meters. The MaBoMo Phase 2 campaign comprises four production infill wells, with first production expected in early 2027. The joint venture is assessing a fifth Hibiscus production well targeting at least 6 million additional barrels. Adding that well would bring gross Dussafu production back to its nameplate capacity of 40,000 barrels per day. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Panoro Energy ASA published the original content used to generate this news brief via Cision (Ref. ID: 20261014:BIT:3636:0) on October 15, 2026, and is solely responsible for the information contained therein. (C)