Pharos Energy Plc · LSE:PHAR
Pharos Energy — Q2 2025 Earnings Presentation
17 slides from Pharos Energy's earnings presentation, Sep 24, 2025
Slide 1: Interim Results 2025: Driving Value
2025 INTERIM RESULTS DRIVING VALUE: DISCIPLINED EXECUTION, STRATEGIC FOCUS 24 September 2025
Slide 2: Disclaimer
Pharos Energy – Interim Results 2025 24 September 2025 / 2 Disclaimer Nothing in this presentation or in any accompanying management discussion of this presentation to adhere to applicable laws, rules and regulations, including anti-bribery and anti-corruption constitutes, nor is it intended to cons
Slide 3: Overview
PHAROS EN ERGY OVERVIEW
Slide 4: A Year of Strategic, Operational & Financial Delivery
Pharos Energy – Interim Results 2025 24 September 2025 / 4 A YEAR OF STRATEGIC, OPERATIONAL & FINANCIAL DELIVERY NEAR-TERM FUTURE VALUE VALUE COMPLETED IN PROGRESS • Extract and grow value from existing assets ACHIEVED Vietnam - Core strategic assets ‐ Vietnam production licence extensions – key c
Slide 5: Financial Review
PHAROS EN ERGY FINANCIAL REVIEW
Slide 6: 1H 2025 Financial Highlights
Pharos Energy – Interim Results 2025 24 September 2025 / 6 1H 2025 FINANCIAL HIGHLIGHTS REVENUE (1) Vietnam $56.2m EGYPTIAN RECEIVABLES ($m) • 1H 2025 $65.6m Egypt $9.4m (2) Egyptian receipts (1H 2024: $65.0m) 40 37.4 received 35 33.5 $5.5m BRENT PRICE 31.3 29.5 30.3 30 $71.87/bbl • 3Q 2025 25 addit
Slide 7: Strong Cash Flow Supports Capex Programme
Pharos Energy – Interim Results 2025 24 September 2025 / 7 STRONG CASH FLOW SUPPORTS CAPEX PROGRAMME ($’M) Exceptional items in 2025 TOTAL CAPITAL VIETNAM $5.7m EGYPT $2.5m EXPENDITURE TGT $2.4m El Fayum $2.3m $8.2m CNV Block 125 $1.0m $2.3m North Beni Suef $0.2m
Slide 8: Sustainable Shareholder Returns
Pharos Energy – Interim Results 2025 24 September 2025 / 8 SUSTAINABLE SHAREHOLDER RETURNS Commitment to sustainable dividend Interim dividend for 2025 of 0.3993p a share, $2.3m, to be paid in January 2026 Continued Balanced Buyback completed in January 2025 – $9.0m Returns redeemed in total
Slide 9: Operational Review
PHAROS EN ERGY OPERATIONAL REVIEW
Slide 10: Maximising Value from Vietnam to Drive Growth
Pharos Energy – Interim Results 2025 24 September 2025 / 10 MAXIMISING VALUE FROM VIETNAM TO DRIVE GROWTH High netback, cash flow assets Vietnam Production TGT CNV 1 Appraisal Commitment Well 1 Appraisal Commitment Well (5X) 2025 - 2026 1H 2025 Production net 18X 2025 post extension 4,183 boepd 3 In
Slide 11: Egypt Consolidated Concessions Agreement
Pharos Energy – Interim Results 2025 24 September 2025 / 11 EGYPT CONSOLIDATED CONCESSIONS AGREEMENT Improved fiscal terms provide an attractive investment framework Deliver value for all stakeholders Process • 3.1 MMstb, a 25% increase in 2P reserves from YE2024 Indicative Step timing • Development
Slide 12: 2025 Capital Investment Programme
Pharos Energy – Interim Results 2025 24 September 2025 / 12 2025 CAPITAL INVESTMENT PROGRAMME Disciplined capital programme focused on asset development and production growth Outlook Appraisal wells in Vietnam and consolidation in Egypt will enable further development activity across the assets Viet
Slide 13: Outlook
PHAROS EN ERGY OUTLOOK
Slide 14: Investment Highlight: Protected Growth
Pharos Energy – Interim Results 2025 24 September 2025 / 14 INVESTMENT HIGHLIGHT: PROTECTED GROWTH Vietnam Dynamic, growing Delivering economy shareholder returns material investment in Dividend remains core assets underpin Driving priority long-term cash flows Value Disciplined execution Egyptian a
Slide 15: Appendix
PHAROS EN ERGY APPENDIX
Slide 16: Corporate Responsibility Framework
Pharos Energy – Interim Results 2025 24 September 2025 / 16 CORPORATE RESPONSIBILITY FRAMEWORK United Operating a sustainable business Nations Environment Society Business Sustainable 39,186 tonnes CO2e produced $282,271 invested in 20 100% Vietnamese and Egyptian Development by equity share in 1H 2
Slide 17: www.pharos.energy
Pharos Energy 27/28 Eastcastle Street Tel: 020 7747 2000 London W1W 8DH United Kingdom Company No: 3300821 www.pharos.energy