Ratio Petroleum Eyes Global Expansion

Ratio Petroleum is making a bold global play by acquiring Pharos Energy for $164 million, gaining key producing assets in Egypt and Vietnam—just as oil prices swing amid Middle East tensions, boosting energy stocks. Already active in Guyana, Morocco, and the Philippines, Ratio faces a tight deadline from Guyana’s government to submit detailed plans for their Kaieteur Block, sparking negotiations over potential delays and a possible partner search. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/99228a8feac880e7