Undervalued Oil Explorer Ready to Erupt? Why Pharos Energy’s New Egyptian Deal and Rising Production Could Trigger a Massive Share‑Price Surge! /updated: 3:00 PM EDT/
Pharos Energy plc is a London‑listed upstream oil and gas firm. It sold its African assets and rebranded in 2019 after focusing on Vietnam’s offshore Block 16‑1 and Egypt’s onshore El Fayum and North Beni Suef concessions. The company’s strategy is to use cash flows from Vietnam to fund organic growth in Egypt and pursue sustainable dividends. The TGT field has multi‑well platforms and a floating production/storage vessel. In Egypt, Pharos operates through joint ventures with IPR Energy and is working on low‑cost infill drilling en.wikipedia.org.