From management buyout to full-cycle oil and gas company
Pandion Energy was established in November 2016 on the basis of the operational platform and six licences acquired from Tullow Oil Norge AS in a management buy-out, backed by Kerogen Capital. Today, Pandion Energy is a full-cycle oil and gas company, participating in the discovery, appraisal, development and production of oil and gas resources on the Norwegian continental shelf (NCS).

Discovery in the Mistral Prospect in the Norwegian Sea – Pandion Energy’s seventh discovery on NCS
andion Energy announces today its seventh discovery, the discovery has been made in the Mistral exploration well 6406/6-7S in production license 1119 in the southern Norwegian Sea. Pandion Energy holds a 20 percent interest in the license.
Valhall receives the Norwegian Offshore Directorate’s award for improved recovery
The Norwegian Offshore Directorate announced that this year’s Improved Recovery Award goes to the licensees on the Valhall and Hod fields. The award is a recognition of creativity, persistence and appetite for risk when it comes to applying methods and technology that can improve oil and gas recovery beyond what is expected under existing plans and methods.

Pandion in brief
Pandion Energy is an independent, full-cycle oil and gas company driving value by maturing resources to reserves with a focus on upsides in and around proven assets with access to existing infrastructure.