Operations

Operations

Our production, development and exploration assets in Egypt and Vietnam place Pharos in a good position for future growth.

Pharos have established, valuable assets in Vietnam, with production at two fields (TGT & CNV) and further potential for growth from two additional exploration blocks (125 & 126). We have been present in Vietnam since 1997.

The addition of the El Fayum concession in Egypt has diversified our portfolio, increased our exploration prospects, doubled our reserve position and established extensive new production resources and will provide a solid platform for future expansions.

We act responsibly and have an exceptional safety record by focusing on efficiency and diligent, practical management.

Zero
Lost Time Injury Frequency (LTIF) (Per million man-hours worked)
7,274
Net production in 2018 (boepd)
$13.63
Cash operating costs in 2018 ($/boe)

Where we operate

Large Image Egypt

Egypt

High quality oil production operations and development assets and exploration blocks, building our scale and creating significant opportunities.

Pharos 1X1 Vietnam

Vietnam

Established and valuable assets, with production at two fields and further potential for growth from two additional exploration blocks.

Benefiting countries & communities

We take our role in society very seriously. We are committed to open, transparent communication, and taking a rigorous, conscientious approach to the environment, our role in society, our business practices and ethics, and how we relate to people.

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Operational news

The Company is pleased to announce the satisfaction of the regulatory conditions to its proposed acquisition (the "Proposed Transaction") of Merlon Petroleum El Fayum Company ("Merlon"), following...