Pharos Energy (LON:PHAR) latest operational update reveals a strategy built to thrive in volatile markets. CEO Katherine Roe outlines how their low break-even oil price, debt-free balance sheet, and fully funded drilling campaign in Vietnam position the company for near-term production growth. Meanwhile, advanced talks with the Egyptian government to improve fiscal terms could unlock even more value from their existing assets. Investors should watch closely as Pharos balances shareholder returns with self-funded growth in both key regions.
Pharos Energy is an independent energy company with oil and gas production and exploration assets in Vietnam and Egypt.
