Jan 30, 20231 min
Panoro Energy announced that as part of its exploration programme for 2023 it intends to complete a study to evaluate the helium and natural gas prospectivity of Technical Co-operation Permit 218 onshore northern Free State, South Africa.
TCP 218 (PANORO 100%)
Northern Karoo basin a proven natural gas and Helium generating basin - Natural gas with Helium concentrations of >4% have been recorded in analogue areas
~6,608 km2 Technical Co-operation Permit (218 TCP) located in northern Free State province
Proven gas reservoirs in surrounding area have been successfully developed
12 month study underway to evaluate prospectivity after which Panoro has the option to apply for an exploration right