Aje-5 Completed on OML 113

Tuesday, October 20, 2015

Panoro Energy saw the successful completion of its Aje-5 production well offshore Nigeria on OML 113. Following its completion, the Aje-5 well has been suspended ready for connection to oil production facilities prior to commencement of output.

The Scarabeo 3 semi-sub has been moved to re-enter the existing Aje-4 well for completion as a second Cenomanian production well. Panoro currently estimates the project timing and costs to be largely on track.

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