Pharos has commenced its six-well infill and appraisal drilling campaign offshore Vietnam, starting with the first infill well on the TGT field. The programme, which includes two appraisal wells and four infill wells, will be Pharos’ largest investment in Vietnam since the initial development. Total capex for the drilling campaign is expected to be cUS$36m, for which Pharos is fully funded. In a success case, Pharos could see material incremental volumes from 2026 onwards and a de-risking of add ....
