Pharos Energy plc Ticker

RNS Number : 1542Q

Pharos Energy PLC

17 October 2019

 

Pharos Energy plc

("Pharos" or the "Company" or, together with its subsidiaries, the "Group")

Pharos Energy plc Ticker

Further to the Company's announcement yesterday of the change in its registered name to Pharos Energy plc, the Company now confirms that its ordinary shares, previously traded under the ticker symbol SIA, are trading on the premium segment of main market of the London Stock Exchange with the ticker symbol PHAR.

Enquiries

Pharos Energy plc                                                                                                                                   Tel: [phone]

Ed Story, President and Chief Executive Officer         

Jann Brown, Managing Director and Chief Financial Officer

Mike Watts, Managing Director

Sharan Dhami, Group Head of Investor Relations

Camarco                                                                                                                                                  Tel: [phone]

Billy Clegg | Owen Roberts oil and gas exploration and production company with a focus on sustainable growth and returns to stakeholders, headquartered in London and listed on the London Stock Exchange.

Pharos has production, development and exploration interests in Egypt and Vietnam.

In Egypt, Pharos holds a 100% working interest in the El Fayum oil concession in the low-cost and highly prolific Western Desert, one of Egypt's most established and prolific hydrocarbon basins. The concession produces from 10 fields and is located 80 km south west of Cairo and close to local energy infrastructure. It is operated by Petrosilah a 50/50 JV between Pharos and Egyptian General Petroleum Corporation (EGPC). 

In Vietnam, Pharos holds a 30.5% working interest in the Te Giac Trang (TGT) Field in Block 16-1, which is operated by the Hoang Long Joint Operating Company. Block 16-1 is located in the shallow water Cuu Long Basin, offshore southern Vietnam and a 25% working interest in the Ca Ngu Vang (CVN) Field in Block 9-2, which is operated by the Hoan Vu Joint Operating Company. Block 9-2 is 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.

 

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