Egypt: Pharos Energy completes farm-out transaction and transfer of operatorship of Egyptian assets to IPR

Pharos Energy completes farm-out transaction and transfer of operatorship ofi ts Egyptian El Fayum and North Beni Suef Concessions to IPR Energy. The firm consideration payable to the Group at completion is US$5 million.

Related Keywords

Qarun ,Al Fayyum ,Egypt ,Beni Suef ,Bani Suwayf ,Egyptian ,Brent Priceeach ,Jann Brown ,Jann Brownassumed ,El Fayum ,Officersue Rivett ,Pharos Energyhas ,Drmike Wattsresigned ,Lake Qarun Petroleum Co ,Ipr Energy ,Group Vietnambusiness ,Pharos Energy ,Egyptian Minister ,Mineral Resources ,Egyptian El Fayum ,North Beni Suef ,Chief Executive Officer ,Chief Financial Officersue ,E Ampp News ,Il And Gas Exploration ,Xploration And Production ,Pstream ,Ffshore ,Drilling ,Twig ,Soil ,Jobs ,Nergy365 ,Nergy Pedia ,Garmin ,Armout ,Eismic ,Icensing ,Eological And Geophysical ,Energy ,Lternative Energy ,Eavy Oil ,Il And Gas Condensate ,Ydrocarbon ,Icence Round ,Oc ,Il And Gas Ministry ,Oil Companies ,