Panoro Energy ASA (PESAF) has released an update.
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Panoro Energy ASA reports successful expansion of its drilling campaign at the Dussafu Marin Permit offshore Gabon, with eight new production wells boosting their gross oil production to a record quarterly rate of approximately 27,465 bopd. The company aims to reach a targeted production level of 40,000 bopd by year-end, as it transitions new wells to conventional ESP systems and plans further exploration at the Bourdon prospect.
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