Panoro Energy - Update on completion of acquisitions

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2021-03-31 Panoro Energy ASA is an independent E&P company listed on the Oslo Stock Exchange and based in London. They have exploration and production assets in Africa with oil production from fields in Tunisia, Gabon and Nigeria.. On the 9th February, 2021, Tullow Oil signed two separate sales and purchase agreements for some of its non-operated offshore oil fields in Equatorial Guinea (The EG Tullow said Tuesday that Panoro would acquire all of its assets in Equatorial Guinea and the Dussafu asset in Gabon. Panoro will pay up to US$105 million for the Equatorial Guinea transaction, up to US$70 million for the Dussafu Transaction and a further US$5 million consideration to be paid after both transactions have completed. Tullow Oil Plc has announced signing two separate sale and purchase agreements with Panoro Energy ASA (Panoro) consisting of all Tullow’s assets in Equatorial Guinea (Tullow Equatorial Guinea Limited) and its Dussafu assets (The Dussafu Marin Permit Exploration and Production sharing contract) in Gabon.. The forms of these transactions indicate that the Equatorial Guinea transaction 2021-02-22 2021-02-23 Panoro Energy – Update on completion of acquisitions Thu, Mar 18, 2021 15:31 CET. Oslo, 18 March 2021 – Panoro Energy ASA (“Panoro”) notes that Tullow Oil plc (“Tullow”) has today announced the successful result of its general meeting to approve the disposal of all of the issued share capital of its subsidiary, Tullow Equatorial Guinea Limited (“TEGL”) held by Tullow Overseas Panoro Energy ASA is an independent E&P company listed on the Oslo Stock Exchange and based in London.

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The parties have signed a sale and purchase agreement, pursuant to which Tullow has agreed to sell […] 2021-02-23 The undisputed cost is $40.9 million, BW Energy said, falling to $19.8mn after adjusting for Tullow’s share of oil lifted. Of this amount, $15.9mn is owed to BW Energy and $1.7mn to Panoro. Pan African Law Conglomerate, Centurion Law Group (www.CenturionLG.com) is pleased to have acted as local counsel to Panoro Energy ASA (Panoro) on the $105 million purchase of all Tullow Oil PLC (Tullow) assets in Equatorial Guinea.The parties have signed a sale and purchase agreement, pursuant to which Tullow has agreed to sell its entire interest in Tullow Equatorial Guinea Limited. Panoro Energy: Dussafu – Tullow back-in right Publish Date: 17-Dec 22:30 Oslo, 18 December 2019 - Panoro Energy ASA (“Panoro” or the “Company” with OSE Ticker “PEN”) announces that Tullow Oil Gabon S.A. ("Tullow") has formalised its longstanding and previously disclosed 10% back-in right to the Dussafu Production Sharing Contract (“PSC”). Centurion Law Group Advises Panoro Energy on Its Acquisition of Tullow's Oil Asset in Equatorial Guinea Pan African Law Conglomerate, Centurion Law Group (www.CenturionLG.com) is pleased to have acted as local counsel to Panoro Energy ASA (Panoro) on the $105 million purchase of all Tullow Oil PLC (Tullow) assets in Equatorial Guinea. 2021-02-22 Panoro Energy ASA has acquired Tullow Oil Plc assets in Equatorial Guinea at $105m in a purchase agreement that allows Tullow to sell its entire interest in Equatorial Guinea.

Pan African Law Conglomerate, Centurion Law Group (www.CenturionLG.com) is pleased to have acted as local counsel to Panoro Energy ASA (Panoro) on the $105 million purchase of all Tullow Oil PLC (Tullow) assets in Equatorial Guinea.The parties have signed a sale and purchase agreement, pursuant to which Tullow has agreed to sell its entire interest in Tullow Equatorial Guinea Limited.

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Apr 1, 2021 Tullow Oil has announced that the sale of its assets in Equatorial Guinea to Panoro Energy has now completed. Tullow has received a payment of $88.8 million from Panoro.

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Panoro Energy: Dussafu – Tullow back-in right Publish Date: 17-Dec 22:30 Oslo, 18 December 2019 - Panoro Energy ASA (“Panoro” or the “Company” with OSE Ticker “PEN”) announces that Tullow Oil Gabon S.A. ("Tullow") has formalised its longstanding and previously disclosed 10% back-in right to the Dussafu Production Sharing Contract (“PSC”). Tullow Oil is reported to have signed a two separate sale and purchase agreement for some of its non-operated offshore oil fields in Equatorial Guinea (The EG Transaction) and the Dussafu assets in Gabon (The Dussafu Transaction), with Panoro Energy. 2021-02-10 · Behind the scenes of Panoro Energy's purchase of Tullow Oil blocks Scandanavian juinor Panoro Energy is growing its portfolio of African licences, making the most of pandemic bargains. On Tuesday it was announced that Panaro Energy had bought Tullow Oil 's stake in Equatorial Guinea's Ceiba and Okume fields. One of the multinational oil companies that operate in Africa and South America, Tullow Oil is finally quitting its operations in Equatorial Guinea.

Of this amount, $15.9mn is owed to BW Energy and $1.7mn to Panoro. Pan African Law Conglomerate, Centurion Law Group (www.CenturionLG.com) is pleased to have acted as local counsel to Panoro Energy ASA (Panoro) on the $105 million purchase of all Tullow Oil PLC (Tullow) assets in Equatorial Guinea.The parties have signed a sale and purchase agreement, pursuant to which Tullow has agreed to sell its entire interest in Tullow Equatorial Guinea Limited. Panoro Energy: Dussafu – Tullow back-in right Publish Date: 17-Dec 22:30 Oslo, 18 December 2019 - Panoro Energy ASA (“Panoro” or the “Company” with OSE Ticker “PEN”) announces that Tullow Oil Gabon S.A. ("Tullow") has formalised its longstanding and previously disclosed 10% back-in right to the Dussafu Production Sharing Contract (“PSC”). Centurion Law Group Advises Panoro Energy on Its Acquisition of Tullow's Oil Asset in Equatorial Guinea Pan African Law Conglomerate, Centurion Law Group (www.CenturionLG.com) is pleased to have acted as local counsel to Panoro Energy ASA (Panoro) on the $105 million purchase of all Tullow Oil PLC (Tullow) assets in Equatorial Guinea. 2021-02-22 Panoro Energy ASA has acquired Tullow Oil Plc assets in Equatorial Guinea at $105m in a purchase agreement that allows Tullow to sell its entire interest in Equatorial Guinea. The agreement had a Pan African Law Conglomerate, Centurion Law Group, as local counsel.
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The deal was made for an initial aggregate cash consideration of up to $140 million and aggregate contingent consideration of up to $40 million, based on effective date of 1 July 2020. 2021-03-31 · LONDON – Tullow Oil plc has completed the sale of its assets offshore Equatorial Guinea to Panoro Energy ASA. Tullow has received a payment of $88.8 million from Panoro.

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ANADARKO PETROLEUM CORP Panoro Energy Asa. Paramount Resources Ltd. Tullow Oil Plc. TUPRAS-TURKIYE Kristiansen mener oljeaksjer fortsatt er billige, og han har flere favoritter blant de mindre oljeselskapene. Han peker spesielt på Panoro Energy og BW Energy. vore ju fint att få ett pris på kenya om tullow säljer.