Panoro Energy ASA
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About
Panoro Energy ASA is an independent exploration and production company based in London and listed on the main board of the Oslo Stock Exchange with the ticker PEN. Panoro holds production, exploration and development assets in Africa, namely the Dussafu License offshore southern Gabon, OML 113 offshore western Nigeria (held-for-sale, subject to completion), and the TPS operated assets, Sfax Offshore Exploration Permit and Ras El Besh Concession, offshore Tunisia. Subject to completion of certain conditions, Panoro has also farmed-into an exploration Block 2B, offshore South Africa.
Editor's note: Updated Feb. 10, 2021.
Transactions
Tullow Oil to Sell West Africa Assets for Up to $180 Million
Tullow Oil to Sell West Africa Assets for Up to $180 Million
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News
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Tullow Oil to Sell West Africa Assets for Up to $180 Million
The sale will help Tullow Oil reduce its $2.4 billion debt pile, which is around four times the size of its current market cap of $577 million.