Petroleum Africa
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Sunday, November 20, 2016
Panoro Energy reported that it saw its first lifting and sale of crude during Q3 from Nigeria’s Aje field. The company also said that the remediation work on the Aje-5 well on Nigeria’s Aje field will commence in December.
The field’s production guidance remains unchanged at a range of 7,000 to 9,000 bpd, pending the resolution of all curent mechanical issues.
John Hamilton, CEO of the company said: “The first lifting of Aje crude was another important milestone for our Nigerian project. Resolution of mechanical issues at Aje are now underway and on track to be fully resolved by the beginning of Q1 2017.”
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