Oil: a major deposit discovered in this central African country

Oil: a major deposit discovered in this central African country
Oil: a major deposit discovered in this central African country

A large oil deposit was discovered by the English company Panoro Energy in Dussafu, Gabon.

The discovery of this new oil field represents a significant step forward for the Central African country, which is already renowned for its vast hydrocarbon reserves.

Located in the prolific Dussafu region, this field strengthens Gabon’s position as one of the leading oil producers in sub-Saharan Africa.

This also confirms the country’s status as an attractive destination for international investors in the hydrocarbon sector.

The Panoro Energy company expressed its enthusiasm about the potential of this new deposit, emphasizing its quality and its estimated profitability.

We will leverage existing production infrastructure nearby to rapidly grow these high-margin barrels profitably in the current campaign said John Hamilton, Panoro’s managing director.

This discovery demonstrates Panoro Energy’s technological expertise and commitment to the process of optimizing petroleum resources.

The confirmation of this oil deposit also strengthens investor confidence in the Gabonese oil sector and opens new opportunities for the economic and social development of the country.

According to consistent sources, the potential of this new deposit is estimated at 14 million barrels.

With additional revenues from the exploitation of these new reserves, Gabon is well positioned to boost its economic growth, create jobs and invest in infrastructure projects essential for the well-being of its population.

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