Africa's Oil, Gas and Energy News.
Pharos Energy has announced that it has received approval from the Executive Board of the Egyptian General Petroleum Corporation (EGPC) for the consolidation of the El Fayum and North Beni … Read More
Operational Highlights Strong safety record with no LTIso Egypt 1,440 bopd Egypt:o El Fayum: successful drilling of second exploration commitment well in September, encountering oil-bearing reservoirsin Abu Roach G … Read More
2021 Operational Highlights Total Group working interest 2021 production 8,878 boepd net (2020: 11,373 boepd), in line with production guidance: Egypt production 3,318 bopd (2020: 5,270 bopd) In Egypt: Return … Read More
Pharos Energy has announced a return to drilling in its El Fayum Concession in Egypt, with the commencement of an interim three-well development programme. Ed Story, President and Chief Executive Officer, … Read More
Pharos Energy has announced Egyptian Cabinet approval of the Third Amendment of its El Fayum Concession Agreement. The approved terms, already announced on 30 March 2021, include both an increase … Read More
Pharos Energy has announced the signing of a farm-out to the El Fayum and North Beni Suef Concession to IPR. The proposed transaction will result in IPR taking over 55% … Read More
Pharos is pleased to announce that it has received provisional approval from the Egyptian General Petroleum Corporation’s (EGPC) Main Board to an amendment of the fiscal terms of its El … Read More
El Fayum Production Production for the first half of 2020 from the El Fayum Concession averaged 5,979 bopd. This is in line with the Egypt 2020 production guidance given on … Read More
