Beskrivning
| Land | Storbritannien |
|---|---|
| Lista | OB Match |
| Sektor | Råvaror |
| Industri | Olja & gas |
2024-05-09 07:00:00
Oslo, 9 May 2024: PetroNor E&P ASA ("PetroNor" or the "Company") confirms that
583,695 bbls of oil were lifted and sold from the Djeno Terminal to ADNOC, the
National Oil Company of Abu Dhabi in May 2024, generating a cash inflow of USD
48.28 million at a realised price of USD 82.71 per barrel.
Following this lifting, the Company has lifted and sold its entire inventory of
entitlement oil under the Djeno Terminal operating procedures. It is therefore
expected that the next lifting will not be scheduled until Q4 following a
replenishment of the inventory through continued production.
During 2024, the Company has now lifted and sold 914,268 bbls of oil for an
average realised price of USD 82.70 per barrel.
For further information, please contact:
Investor Relations
Email: ir@petronorep.com
www.petronorep.com
About PetroNor E&P ASA
PetroNor E&P ASA is an Africa-focused independent oil and gas exploration and
production company listed on Oslo Børs with the ticker PNOR. PetroNor E&P ASA
holds exploration and production assets offshore West Africa, specifically the
PNGF Sud licenses in Congo Brazzaville, the A4 license in The Gambia and OML-113
in Nigeria. Under the terms of the PNGF Sud licences, a proportion of oil
produced is used to pay royalties and tax to the Government. The remaining oil
produced is considered "entitlement oil" that can be lifted by the Company and
sold in the market.