Pharos Energy PLC External Directorship (5505N)
30 Septiembre 2021 - 4:34AM
UK Regulatory
TIDMPHAR
RNS Number : 5505N
Pharos Energy PLC
30 September 2021
Pharos Energy plc
("Pharos" or the "Company" or, together with its subsidiaries,
the "Group")
External Directorship
In accordance with Listing Rule 9.6.14 (2), Pharos Energy plc
announces that Lisa Mitchell, a Non-Executive Director of the
Company, has been appointed as an independent non-executive
director of Wiluna Mining Corporation Limited, a company listed on
the Australian Securities Exchange ("ASX"). This appointment will
be effective on 1 October 2021.
Enquiries
Pharos Energy plc Tel: 0207 603 1515
Tony Hunter, Company Secretary
Camarco Tel: 020 3757 4980
Billy Clegg | Owen Roberts | Monique Perks
Notes to editors
Pharos Energy plc is an independent oil and gas exploration and
production 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, Vietnam and Israel. In Egypt, Pharos holds a 100% working
interest in the El Fayum oil Concession in the Western Desert. The
Concession produces from 10 fields and is located 80 km southwest
of Cairo. It is operated by Petrosilah, a 50/50 JV between Pharos
and the Egyptian General Petroleum Corporation (EGPC). Pharos is
also an operator with a 100% working interest in the North Beni
Suef (NBS) Concession, which is located immediately south of the El
Fayum 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 (CVN) 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. In Israel, Pharos, together with Cairn Energy plc and
Israel's Ratio Oil Exploration, have eight licences offshore
Israel. Each party has an equal working interest and Cairn is the
operator.
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