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

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.

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