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Block 125 & 126 two-year extension approval
Block 125 & 126 two-year extension approval.
About this update from Pharos Energy Plc
[{"type":"text","content":"\n\nPharos Energy plc\n(\"Pharos\" or the \"Company\" or, together with its subsidiaries, the \"Group\")\nBlock 125 & 126 two-year extension approval\nPharos Energy plc, an independent energy company, is pleased to announce that it has received approval from the Vietnamese Government for the two-year extension of Phase One of the Exploration Period (from 8 November 2023 to 7 November 2025) of the Block 125 & 126 Production Sharing Contract (PSC).\n \n \nJann Brown, Chief Executive Officer, commented:\n \n\"We are pleased to have received approval from the Vietnamese Government for the two-year extension of the Block 125 & 126 Exploration Period. This approval shows the encouraging level of support from the Government while we progress our discussions with a number of interested parties to secure a farm-in partner before drilling the commitment well on Block 125.\"\n \nEnquiries\n \nPharos Energy plc Tel: 020 ...