11 September 2024
Pharos
Energy plc
("Pharos"
or the "Company" or, together with its subsidiaries, the
"Group")
Investor Presentation via
Investor Meet Company - Interim Results 2024
Pharos Energy plc, an independent
energy company, is pleased to announce that Katherine Roe -
CEO, Sue Rivett - CFO, Mohamed Sayed - COO, and Minh-Anh Nguyen -
Senior IR & ESG Associate, will provide a live presentation
relating to its Interim Results 2024 via Investor Meet Company on
Wednesday 18 September 2024 at 12:00 BST.
The presentation is open to all
existing and potential shareholders. Questions can be submitted
pre-event via your Investor Meet Company dashboard up until Tuesday
17 September 2024, 09:00 BST, or at any time during the live
presentation.
Investors can sign up to Investor
Meet Company for free and add to meet Pharos Energy plc
via:
https://www.investormeetcompany.com/pharos-energy-plc/register-investor
Investors who already follow Pharos
Energy plc on the Investor Meet Company platform will automatically
be invited.
Enquiries
Pharos Energy plc
Tel: 020 7747 2000
Katherine Roe, Chief Executive
Officer
Sue Rivett, Chief Financial
Officer
Mohamed Sayed, Chief Operating
Officer
Camarco
Tel: 020 3757 4980
Billy Clegg | Georgia Edmonds |
Violet Wilson | Kirsty Duff
Notes to editors
Pharos Energy plc is an independent
energy company with a focus on sustainable growth and returns to
stakeholders, which is listed on the London Stock Exchange. Pharos
has production, development and/or exploration interests in Egypt
and Vietnam. In Egypt, Pharos holds a 45% working interest share in
the El Fayum Concession in the Western Desert, with IPR Lake Qarun,
part of the international integrated energy business IPR Energy
Group, holding the remaining 55% working interest. The El Fayum
Concession produces oil from 10 fields and is located 80 km
southwest of Cairo. It is operated by Petrosilah, a 50/50 joint
stock company between the contractor parties (being IPR Lake Qarun
and Pharos) and the Egyptian General Petroleum Corporation (EGPC).
Pharos also holds a 45% working interest share in the North Beni
Suef (NBS) Concession in Egypt, which is located immediately south
of the El Fayum Concession. The first development lease on the NBS
Concession was awarded in September 2023 and production started in
December 2023. IPR Lake Qarun operates and holds the remaining 55%
working interest in the NBS Concession. In Vietnam, Pharos has a
30.5% working interest in Block 16-1 which contains 97% of the Te
Giac Trang (TGT) field and is operated by the Hoang Long Joint
Operating Company. Pharos' unitised interest in the TGT field is
29.7%. Pharos also has a 25% working interest in the Ca Ngu Vang
(CNV) field located in Block 9-2, which is operated by the Hoan Vu
Joint Operating Company. Blocks 16-1 and 9-2 are located in the
shallow water Cuu Long Basin, offshore southern Vietnam. Pharos
also holds a 70% interest in, and is designated operator of, Blocks
125 & 126, located in the moderate to deep water Phu Khanh
Basin, north east of the Cuu Long Basin, offshore central
Vietnam.