• Panoro has completed the acquisition of a 40.375% interest in Block G, Equatorial Guinea, from Kosmos Energy earlier than we had anticipated (we had assumed a 3Q26 close).
• Completion payments totalled US$127 mm, broadly in line with our expectation of US$130 mm in 3Q26. Our prior closing‑price assumption had incorporated the next crude‑oil lifting, which will now be recognised separately.
• Panoro’s next crude‑oil lifting at Block G—its first post‑acquisition—is scheduled for early July, tot ....
17 Jun 2026
Panoro Energy ASA (OSE: PEN): Low closing price for EG acquisition
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Panoro Energy ASA (OSE: PEN): Low closing price for EG acquisition
- Published:
17 Jun 2026 -
Author:
Stephane Foucaud -
Pages:
5 -
• Panoro has completed the acquisition of a 40.375% interest in Block G, Equatorial Guinea, from Kosmos Energy earlier than we had anticipated (we had assumed a 3Q26 close).
• Completion payments totalled US$127 mm, broadly in line with our expectation of US$130 mm in 3Q26. Our prior closing‑price assumption had incorporated the next crude‑oil lifting, which will now be recognised separately.
• Panoro’s next crude‑oil lifting at Block G—its first post‑acquisition—is scheduled for early July, tot ....