percent of the El Fayum concession, completing the acquisition in April 2019. In 2020, Pharos announced plans to evaluate the North Beni Suef concession and to target emission reduction at the El Fayum concession. Israel In October 2019, Israel's Energy Ministry granted Pharos, along with Cairn Energy and Ratio Oil, eight offshore exploration licenses for offshore blocks. Previous operations MENA Tunisia In 1998, production in Tunisia commenced from the Didon field until the company let go of its Didon/Zarat interests in Tunisia in 2004. Yemen In 2008 the company agreed to sell its operations in Yemen to Sinochem for $US465 million. Sub-Saharan Africa Angola From July 2007, SOCO held a 17% interest in Cabinda Onshore North Block, in the North Congo Basin, onshore western Cabinda in Angola. In 2016, the company sold its Angola interests to Quill Trading Corporation and WMLC Resources for US$5 million. Congo Brazzaville The Group entered Brazzaville, Congo, following the signing of the Production Sharing Agreement in Block Marine XI in 2006. In February 2016, the company started drilling the Baobab Marine-1 well in the Mer Profonde Sud block offshore the Congo Brazzaville – Marine XI. The well targeted gross prospective recoverable resources of 330 million barrels of oil. In 2018, the Company sold its interests in Congo Brazzaville for $US10 million to Coastal Energy. Democratic Republic of the Congo SOCO's operations in eastern Democratic Republic of Congo in the Onshore North Congo Basin commenced in 2013 with a short bathymetry study of Lake Edward and ceased in August 2014, in accordance with its June 2014 public commitment. In 2012 SOCO began to explore for oil in the Virunga National Park, Democratic Republic of the Congo, a UNESCO World Heritage Site which is home to 200 of the remaining 700 endangered mountain gorilla. SOCO said it was not drilling for oil and had no plans to drill. Drilling was strongly opposed and condemned by the World Wide Fund for Nature. In 2010 SOCO received a Presidential decree from the Democratic Republic of Congo (DRC) to explore for hydrocarbons in Block V, in the southern Albertine Graben, onshore eastern DRC. Block V encompassed an area of the Virunga National Park, a World Heritage Site, including a part of Lake Edward. SOCO had advised that Block V was not located close to the Mikeno Section, which is home to the mountain gorillas. In January 2011 SOCO employees allegedly