Pharos has today published a shareholder Circular relating to the farm-out and sale of a 55% working interest and operatorship in each of the Egyptian El Fayum and North Beni Suef Concessions (the...
We have high quality oil production operations and development assets and exploration blocks in Egypt, building our scale and creating significant opportunities. We continue to work with local teams to generate value and evolve the assets into a viable production and development business.
The El Fayum concession is located in the low-cost and highly prolific Western Desert, about 80km south west of Cairo and close to local energy infrastructure.
Pharos Energy plc, an independent oil and gas exploration and production company, is pleased to announce a return to drilling in its El Fayum Concession in Egypt, with the commencement of an interi...
Pharos Energy plc, an independent oil and gas exploration and production company, is pleased to announce Egyptian Cabinet approval* of the Third Amendment of its El Fayum Concession Agreement.
Established and valuable assets, with production at two fields and further potential for growth from two additional exploration blocks.