Production and lifting operations maintained and largely unaffected through crisis. Health and Safety systems and protocols proved resilient In Gabon, quarterly production at record high of 15,991 bopd gross on average, with current production in excess of 18,000 bopd
At Dussafu, seismic reprocessing completed, potential for material increase in hydrocarbon volumes at HibiscusTunisian quarterly production of 3,903 bopd gross on average, with periods of production at 4,300In Tunisia, operational constraints imposed by the COVID-19 pandemic gradually began to be released in the latter part of May though international travel restrictions still applyWorkover activities recommenced in June with multiple wells currently being prepared for productionGuebiba 10 side- track spud in August with rig CTF 06, targeting undrained oil in a location close to the crest of the field
Outlook and Guidance
(1) Discontinued OperationsAje operations in Nigeria classified as discontinued operations following divestment agreement, pending completion, and excluded from continuing activities.
Panoro holds production, exploration and development assets in Africa, namely the Dussafu License offshore southern Gabon, OML 113 offshore western Nigeria, and the TPS operated assets, Sfax Offshore Exploration Permit and Ras El Besh Concession, offshore Tunisia.
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