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Panoro Encounters Hydrocarbons at Hibiscus Updip Prospect

30/08/2019

Panoro Energy ASA announces that the Hibiscus Updip well (“DHIBM-1”), currently being drilled on the Dussafu Marin Permit offshore Gabon, has encountered hydrocarbons. 

Map source: KeyFacts Energy

Logging operations and evaluation of the oil discovery are currently underway, following which Panoro expects a side-track of DHIBM-1 to be drilled. 

Dussafu is operated by BW Energy Gabon and Panoro’s current interest in the license is 8.33%. There are five oil fields within the Dussafu Permit: Moubenga, Walt Whitman, Ruche, Ruche North East and Tortue. The latter three fields were discovered by Panoro and JV partners in the last 7 years.

Link to BW Offshore GABON country page   l   Link to Panoro Energy Gabon country profile

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