Panoro Energy Earns $59,2M from October Crude Lifting in Gabon

Monday, October 24, 2022

Oil and gas company Panoro Energy said Monday it had completed its scheduled October lifting of 647,111 barrels in Gabon at a realized price of USD 91.54 per barrel.

After customary price adjustment and associated fees, this resulted in proceeds to the company of approximately $59.2 million.

This lifting brings the aggregate volume of crude oil lifted by Panoro year-to-date to 1,671,232 barrels at an average realized price of USD 100.50 per barrel, the company said.

Categories: Energy Activity Production Africa

Related Stories

Norway's O&G Production Beats Expectations

FPSO Petrojarl Enters Decom Phase as FPSO Atlanta Readies to Take Over

Panoro Energy and GEPetrol Sign PSC for Block Offshore Equatorial Guinea

Current News

Oil Edges to 2-Week High on Ukraine News

EMGS to Conduct CSEM Survey Offshore India

Poland to Open New Areas for Offshore Wind Development in Baltic Sea

Swedish Firm Eyes Multi-Megawatt Wave Energy Farm Off Grenada

Subscribe for OE Digital E‑News