• 2025 WI production averaged 5,561 boe/d to end-April, comprising 4,492 boe/d from Vietnam and 1,069 bbl/d from Egypt. • Three infill wells at TGT (Vietnam) are now onstream, delivering gross initial production (IP) rates of 1,700 boe/d, 600 boe/d and 1,400 boe/d. The combined current production of ~2,800 boe/d (830 boe/d net to Pharos) is in line with expectations. • Initial flow rates at the TGT-18X appraisal well reached ~2,000 bbl/d (600 boe/d net), with further testing ongoing as additiona ....