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Panoro Energy Will Drill Three Wells in Brazil’s Offshore

Maritime Activity Reports, Inc.

April 18, 2012

RIO DE JANEIRO - Independent driller Panoro Energy (PEN.OS) expects to drill three wells in Brazil's offshore Santos Basin in coming months, the company's chief executive said Wednesday.

During a presentation at the 18th Latin Oil Week, Panoro's Kjetil Solbraekke said three prospects will be targeted, with the first well drilled in June or July. (Dow Jones)