Panama lies on two oceans.

An excerpt from the article 22 facts about Panama

It is lapped by the waters of the Pacific Ocean to the south and the Atlantic Ocean to the north. The 2490-kilometer-long coastline is developed and varied-there are bays and peninsulas, and nearby smaller and larger islands.

The largest bays on the side of the Atlantic Ocean (Caribbean Sea) are Mosquito Bio Bay, with the largest island in its waters - Escudo de Veraguas (the critically endangered pygmy three-toed sloth (Bradypus pygmaeus) lives there), Limon Bay, Cape San Blas and Chiriquí Lagoon. On the Pacific side are: the Gulf of Panama, in the northern part of which is the entrance to the Panama Canal connecting the Pacific to the Caribbean Sea and the Atlantic Ocean, Gulf of Parita, and San Miguel Bay.