Panoro Energy Closes Acquisition of Kosmos Energy Unit
Panoro Energy (PEN.OL) completed its purchase of a subsidiary of Kosmos Energy (KOS.L), which owns a 40.375% non-operated interest in Block G offshore Equatorial Guinea, for $127 million.The Norwegian oil and gas company's stake in Block G, which includes the producing Ceiba field and Okume Complex, increased to 54.625% from 14.25%, according to a Wednesday filing.