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- Panoro Energy – Award of Block EG-01... euro-petrole.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from euro-petrole.com Daily Mail and Mail on Sunday newspapers.
Panoro Energy has been awarded a 56% participating interest and operatorship of Block EG-01 located offshore Equatorial Guinea. Block EG-01 borders both Block G where Panoro has a 14.25% non-operated interest (and which contains the producing Ceiba Field and Okume Complex) and Block S where Panoro has agreed to farm-in to a 12 percent non-operated interest. ....
The partners have been awarded block EG-01 for an initial period of three years, during which they will conduct subsurface studies based on existing seismic data to further define and evaluate the prospectivity of the block. ....