Company Descriptions

Pharos Energy is an E&P company operating in Vietnam and Egypt, with a focus on delivering long-term sustainable growth. In Vietnam, the company has two producing fields (CNV and TGT) and exciting exploration potential in the underexplored Phu Khanh basin with its Blocks 125 & 126. Within Egypt, the company has low-cost onshore production in its El Fayum concession and exploration in the adjacent North Beni Suef concession.

Investment Summary

Pharos Energy is an E&P company operating in Vietnam and Egypt, with a focus on delivering long-term sustainable growth for stakeholders. The company has repaired its balance sheet after the weak oil prices seen over the Covid crisis and has now started a major investment programme that should unlock increased reserves, material production growth and hence shareholder value.