Panoro Energy ASA ( (PESAF) ) has shared an update.
Panoro Energy ASA has announced a successful appraisal side-track at the Bourdon prospect in the Dussafu Marin Permit offshore Gabon, discovering approximately 25 million barrels of recoverable oil. This discovery reinforces the potential for establishing a new development hub in the region, enhancing Panoro’s strategic positioning and offering significant growth opportunities for the company and its partners.
More about Panoro Energy ASA
Panoro Energy ASA is an independent exploration and production company based in London and listed on the Oslo Stock Exchange. The company focuses on production, exploration, and development assets in Africa, with interests in offshore Equatorial Guinea, Gabon, Tunisia, and South Africa.
YTD Price Performance: -7.95%
Average Trading Volume: 12,500
Technical Sentiment Signal: Buy
Current Market Cap: $255.7M
For detailed information about PESAF stock, go to TipRanks’ Stock Analysis page.