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Yes, Panoro Energy has made progress on TCP218.

In August 2022, Panoro announced that it had completed the desktop studies of existing data sources and field work in order to evaluate the prospectivity of the permit area. The company concluded that TCP218 has the potential to contain commercially viable natural gas and helium resources.

Based on this assessment, Panoro has applied for an Exploration Right covering the permit area. The Petroleum Agency of South Africa (PAAS) is currently reviewing the application.

Panoro remains optimistic about the prospects for TCP218 and believes that it has the potential to be a significant contributor to the company's growth.

Here are some key updates on TCP218:


Her er en annen analyse av samme spørsmål:



Yes, there is some new information regarding TCP218. Panoro Energy ASA has announced that it has entered into a farm-out agreement with Renergen Ltd. for the Northern Karoo Basin. This agreement will give Renergen a 50% interest in TCP218, while Panoro will retain the remaining 50% interest.

The farm-out agreement is subject to the approval of the Petroleum Agency of South Africa (PASA). Once approved, Renergen will be responsible for conducting further exploration activities in TCP218.

It is hoped that the farm-out agreement will accelerate the development of TCP218 and provide Panoro with the opportunity to participate in the production of natural gas and helium from the basin.

Here is a summary of the key points of the farm-out agreement:

Renergen will acquire a 50% interest in TCP218.
Panoro will retain the remaining 50% interest in TCP218.
Renergen will be responsible for conducting further exploration activities in TCP218.
The farm-out agreement is subject to the approval of PASA.
I hope this information is helpful. Please let me know if you have any other questions.