Pharos and IPR have signed a non-binding MOU with EGPC to use their best efforts to conclude negotiations for the merger of the El Fayum and North Beni Suef Concession Agreements.
What is covered in the Full Insight:
Introduction to Pharos Energy and EGPC MOU
Details of the MOU and Its Implications
Current El-Fayum Licence Expiry and Extension Options
Impact on Share Price and NAV with Target Reiterations