Pharos receives two-year license extension in Vietnam

Pharos Energy received approval from the Vietnamese government for the two-year extension of the Exploration Period (from 9 November 2025 to 8 November 2027) of the Blocks 125 & 126 Production Sharing Contract.

The company will progress discussions with potential farm-in partners and rig contractors to complete all preparations ahead of drilling the commitment well on Block 125.