| Risk |
Mitigants |
| Political risk |
- The Group maintains a balanced asset portfolio across different
jurisdictions in a region where the Group is most accustomed to
operating.
- The Group strives continually to maintain positive
relationships in all of the host countries in which it
operates. Ophir aims to work to the highest industry standards with
all regulators and compliance with the Company's licence and PSC
obligations is closely monitored
|
| Reliance on key personnel |
- Ophir is reliant on a small team of experienced oil and gas
professionals for its operational success. In order to retain,
motivate and recruit suitably qualified employees it ensures its
remuneration packages are competitive. It has established a long
term incentive programme for executives and a deferred share
plan for staff.
|
| Investment decisions |
- The Group and its advisors are experienced within the industry
in which it operates and complete a proper review against the
group's strategy and investment criteria. Full due diligence is
undertaken upon all potential new entries. The current portfolio is
closely monitored.
|