BRIEF — Panoro Energy: Successful Dussafu Appraisal Wells

Oct 15 (Reuters) — Panoro Energy ASA: Joint Venture Has Concluded Drilling Of Two Open Water Wells To Appraise North-west Hibiscus Area First Well Successfully Encountered A 16 Metre Oil Column In High-quality Gamba Reservoir Sands Adjacent To Hibiscus Field Second Well Confirmed Extension Of Hibiscus Structure With Presence Of A 30 Metre Oil Column In High-quality Gamba Sands Operator Estimates Aggregate Recoverable Oil Of 8-9 Million Barrels First New Production Well Expected Onstream In Early 2027 Joint Venture Assessing Fifth Production Well To Drain At Least 6 Million Barrels Borr Prospector 5 Rig Mobilising To Mabomo Platform For Phase 2 Drilling Campaign Source text:... Further company coverage: PENR.OL (Gdansk Newsroom) ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;)