Bloomberg Anywhere Login


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Last 0.64 NOK
Change Today +0.03 / 4.92%
Volume 1.7M
PEN On Other Exchanges
As of 10:25 AM 09/1/15 All times are local (Market data is delayed by at least 15 minutes).

panoro energy asa (PEN) Snapshot

0.64 NOK
Previous Close
0.61 NOK
Day High
0.66 NOK
Day Low
0.61 NOK
52 Week High
09/1/14 - 3.40 NOK
52 Week Low
08/24/15 - 0.51 NOK
Market Cap
Average Volume 10 Days
-0.18 NOK
Shares Outstanding
Dividend Yield
Current Stock Chart for PANORO ENERGY ASA (PEN)

Related News

No related news articles were found.

panoro energy asa (PEN) Related Businessweek News

No Related Businessweek News Found

panoro energy asa (PEN) Details

Panoro Energy ASA engages in the exploration and production of oil and gas resources in West Africa. The company primarily holds interests in Dussafu License located in the offshore southern Gabon; and OML 113 located in the offshore western Nigeria. As of December 31, 2014, it had proved and probable reserves of 3.2 million barrels of oil equivalent; and contingent resources of 36.3 million barrels of oil equivalent. The company was incorporated in 2009 and is based in Oslo, Norway.

7 Employees
Last Reported Date: 04/30/15
Founded in 2009

panoro energy asa (PEN) Top Compensated Officers

President and Chief Operating Officer
Total Annual Compensation: $416.0K
Chief Financial Officer
Total Annual Compensation: $162.0K
Compensation as of Fiscal Year 2014.

panoro energy asa (PEN) Key Developments

Panoro Energy ASA Announces Earnings Results for the Second Quarter Ended June 30, 2015; Announces Non-Cash Impairment on the Dussafu Asset for the Second Quarter Ended June 30, 2015

Panoro Energy ASA announced earnings results for the second quarter ended June 30, 2015. The company reported net loss from continuing operations of USD 34.1 million compared to USD 1.9 million in first quarter of 2015. For the second quarter of 2015, the company reported, non-cash impairment of USD 32.4 million on the Dussafu asset.

Panoro Energy ASA Announces Drilling Results of Aje-5 Production Well

Panoro Energy ASA announced that drilling has commenced on the Aje-5 production well on the OML 113 license, offshore Nigeria. The well is being drilled with the Saipem Scarabeo 3 semi-submersible drilling rig. Aje is an offshore field located in the western part of Nigeria in the Dahomey Basin close to the border with Benin. The field is situated in water depths ranging from 100 to 1,000 metres about 24 km from the coast. Panoro Energy holds a 6.502% participating interest in OML 113 (with a 12.1913% revenue interest and 16.255% paying interest in the Aje Field). The Aje Field contains hydrocarbon resources in sandstone reservoirs in three main levels - a Turonian gas condensate reservoir, a Cenomanian oil reservoir and an Albian gas condensate reservoir. The Aje-5 well is being drilled from a seabed location close to Aje-4 in 300 metres water depth. The well will be drilled as a deviated well targeting a location close to the Aje-2 subsurface location where that well encountered and tested high quality oil-bearing Cenomanian reservoir. Following drilling, the Aje-5 well will be completed as a subsea oil production well. The drilling and completion for Aje-5 is expected to take approximately 70 days. Following this the rig will be used to re-enter the existing Aje-4 well to complete it as a second Cenomanian subsea oil production well. Installation of the production manifold, flowlines, umbilicals and risers will take place in Fourth Quarter 2015 after which the FPSO vessel the `Front Puffin' will be installed and commissioned. Production is expected to commence by year end 2015 at an initial anticipated production flow rate of approximately 1,100 bopd, net to Panoro from these two wells, in accordance with the first phase of the approved Field Development Plan.

Panoro Energy ASA Announces the Resignation of Silje Auguston as Member of Board of Directors

Panoro Energy ASA announced that Silje Auguston has resigned as a member of the board of directors, effective immediately. In her resignation, Ms. Augustson cited that her other engagements are increasingly demanding and time consuming and has made it necessary to come to this decision. Ms. Silje Auguston has served on Panoro's Board since May 2012 and was Chair of the Audit Committee.


Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
PEN:NO 0.64 NOK +0.03

PEN Competitors

Market data is delayed at least 15 minutes.

Company Last Change
No competitor information is available for PEN.
View Industry Companies

Industry Analysis


Industry Average

Valuation PEN Industry Range
Price/Earnings NM Not Meaningful
Price/Sales -- Not Meaningful
Price/Book 0.2x
Price/Cash Flow NM Not Meaningful
TEV/Sales -- Not Meaningful

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact PANORO ENERGY ASA, please visit Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at