El Fayum
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.
Acreage
1,820
km²
Oil fields
10
Working interest
100%
Consisting of 10 oil fields, the El Fayum Concession provides Pharos with 256km2 of development and nearly 1,564km2 of exploration acreage, of which approximately 70% is covered by existing 3D seismic, with multiple, identified exploration prospects in proven petroleum systems, as well as a large under-explored area in the north of the concession.