UK-minnow Panoro Energy is pressing full steam ahead with plans to boost gross output to 5,000 b/d from its Tunisia assets which averaged a princely 3,696 b/d in 2019 down from 2018’s 4,100 b/d.
Panoro attributes the fall to workover operations that began in 2019 at its ‘TPS’ assets (state firm Etap 51%, Panoro 49%op), which comprise the Cercina, El Hajeb/Guebibba, Rhemoura and Gremda/El Ain concessions it acquired from Austria’s OMV in 2018 (MEES, 16 November 2018). (CONTINUED - 270 WORDS)