Panoro Energy's Dussafu drilling campaign faces delays after rig sinks

• Panoro Energy's MaBoMo Phase 2 drilling campaign in Gabon was delayed by the Prospector 5 rig sinking on October 24, 2026.
• The Borr Drilling rig sank during campaign preparations; the accident caused loss of life.
• MaBoMo production resumed October 28 following a precautionary shutdown; no damage to the facility or related equipment has been reported.
• Current Dussafu production is approximately 3,600 barrels per day net to Panoro's 17.5% interest.
• The joint venture is assessing alternative drilling options; Panoro is evaluating the impact on its outlook.

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