Panoro Energy ASA (PESAF) has released an update.
Panoro Energy ASA has successfully commenced production from the C-45 infill well in Block G, Equatorial Guinea, with initial output exceeding 5,000 barrels of oil per day. This marks a significant step in the company’s growth strategy, alongside the imminent launch of a second well and a promising exploration project in Block S. Panoro’s efforts in the region aim to boost their overall production and enhance their footprint in the African oil market.
For further insights into PESAF stock, check out TipRanks’ Stock Analysis page.
