History
Key events in the company’s history are summarised below.
2015
March
Completed the acquisition of Salamander Energy plc
April
Completed the acquisition of four deepwater Indonesian PSCs
May
Equatorial Guinea: Appointment of Golar LNG as Midstream Partner for Fortuna FLNG project
July
Equatorial Guinea: Award of competitive FEED for Fortuna FLNG project
2014
March
Tanzania: Completed the sale of a 20% stake in Blocks 1, 3 and 4 to Pavilion Energy for US$1.29bn
April
Seychelles: Completed the acquisition of a 75% operated interest in Blocks PEC-5B/1 and PEC-5B/2
June
Tanzania: Successful Taachui-1 and subsequent Taachui-1 ST1 well, Block 1. Gas discovery
August
Tanzania: Positive result on Mzia-3 flow test, Block 1
September
Equatorial Guinea: Drilled Silenus East-1 in Block R. Gas discovery
October
Tanzania: Drilled Kamba-1, Block 4. Gas discovery
Gabon: Signed two PSCs for a 100% participating interest and operatorship on Nkouere and Nkawa Blocks
Indonesia: Entered into an agreement with Niko Resources to acquire interests in seven deepwater PSCs
November
Agreed terms to acquire Salamander Energy plc
Equatorial Guinea: Signed an amendment to the Block R PSC to establish gas fiscal terms and framework for the FLNG project in
December
Myanmar: Signed a PSC with the Myanmar Ministry of Energy to finalise the award of Block AD-03
2013
March
Placing and Rights Issue to raise US$832.7 million
Tanzania: Successful Jodari flow-test and increased recoverable resource estimates
May
Tanzania: Successful Mzia flow-test exceeding expectations and increased recoverable resource estimates
July
Tanzania: Drilled Mkizi-1, Block 1 and Ngisi-1 Block 4. Both gas discoveries. Block 4 resources upgraded taking cumulative gross resource in Tanzania Blocks 1, 3 and 4 to c.15 TCF
October
Tanzania: Successful Pweza appraisal campaign including flow-test
November
Tanzania: Announced the sale of a 20% stake in Blocks 1, 3 and 4 to Pavilion Energy for US$1.29 billion
December
Gabon: Announced a comprehensive farm-down of our Gabonese acreage to OMV
2012
January
Tanzania: Commencement of 2012 drilling programme with the drillship Odfjell Metro-1
February
Tanzania: Scheme sanctioned by Supreme Court of Bermuda and Ophir becomes sole shareholder of Dominion
March
Tanzania: Drilled Jodari-1, Block 1. Gas discovery
Placing of 30.5 million new ordinary shares at a price of 495p
May
Tanzania: Drilled Mzia-1, Block 1. Gas discovery
July
Equatorial Guinea: Drilled Tonel-1 (R-4), Block R. Gas discovery
August
Tanzania: Drilled Papa-1, Block 3. Gas discovery
Equatorial Guinea: Drilled Fortuna East-1, Block R. Gas discovery
September
Equatorial Guinea: Drilled Fortuna West-1, Block R. Gas discovery
December
Ghana: Acquired an interest in offshore Accra Contract Area
2011
March
Senegal: Acquired option to farm in on Senegal Sangomar Offshore, Rufisque Offshore and Sangomar Deep Offshore block
Tanzania: Farm in deal with Ras Al Khaimah Gas Tanzania Limited ("RAKGas Tanzania") for 70 per cent interest in the East Pande Block, onshore/offshore Tanzania
JDZ: Withdrawal from the Block 3 PSC
AGC: Farm out deal on AGC Profond with FAR Limited ("FAR")
April
Tanzania: Drilled Chaza, Block 1. Gas discovery
June
AGC: Farm out deal with Noble Energy Inc ("Noble Energy") for 30 per cent interest in AGC Profond Block
Gabon: Farm out deal with Petrobras Participaciones S.L. ("Petrobras Participaciones") for 50 per cent interest in Mbeli and Ntsina Blocks
July
Initial Public Offering on the Main Market of the London Stock Exchange, raising net proceeds of approximately US$352 million
AGC: Drilled Kora-1, Profond Block, offshore AGC in 2,620m of water to a depth of 4,480m. No significant oil or gas was discovered
Tanzania: Transfer of Operatorship in Blocks 1, 3 and 4 to BG
Tanzania: Entry into the Multi-User Facilities Agreement in respect of the Mtwara port facilities
September
Tanzania: Transfer of operatorship in East Pande Block from RAKGas Tanzania to Ophir
October
Tanzania: Ophir submits an offer for Dominion Petroleum Limited ("Dominion")
Equatorial Guinea: Amendment and expansion of the Block R PSC which includes two additional gas discoveries and several new prospects
December
Tanzania: Scheme of Arrangement approved by Dominion's shareholders ("Scheme")
2010
February
Tanzania: Acquired operatorship of the Mtwara Drilling Support Base
May
Tanzania: Entered into agreements with the Government of Tanzania and TPDC granting rights to exploit any natural gas in Blocks 1, 3 and 4
June
Tanzania: Farm out deal on Blocks 1, 3 and 4 with BG International Limited ("BG")
July
Madagascar: Acquired an interest in the Marovoay Block 2102, PSC
October
Tanzania: Drilled Pweza-1, Block 4. Gas discovery
December
Tanzania: Drilled Chewa-1, Block 4. Gas discovery
2009
October
JDZ: Drilled Lemba-1, Block 3. Sub-commercial gas discovery
2008
September
Gabon: Drilled Frake Noir-1, Ntsina PSC in 635m of water to a depth of 2,302m. No significant oil and gas discovered
AGC: Farm out deal on AGC Profond with Rocksource S.A
October
Gabon: Drilled Ngollon-1, Manga PSC in 1,422m of water to a depth of 2,845m. No significant oil and gas discovered.
Equatorial Guinea: Drilled Bythos-1, Block R PSC in 1,716m of water to a depth of 4,222m. No significant oil and gas discovered
November
Equatorial Guinea: Drilled Fortuna-1, Block R PSC in 1,691m of water to a depth of 3,400m. Gas discovery
December
Equatorial Guinea: Drilled Lykos-1, Block R PSC in 1,536m of water to a depth of 2,297m. Gas discovery
2007
September
Establishment of Ophir offices in Malabo (Equatorial Guinea) and Port Gentil (Gabon)
2006
March
Equatorial Guinea: Entered into Block R PSC
SADR: Entered into four Assurance Agreements
JDZ: Entered into the Block 3 PSC in Nigeria-São Tomé e Principe JDZ
May
Congo: Entered into Marine IX PSC (Brazzaville)
June
Tanzania: Entered into Blocks 3 and 4 PSAs
September
AGC: Entered into the AGC Profond PSC
2005
March
Gabon: Entered into four deepwater PSCs over the Mbeli Marin, Ntsina Marin, Manga Marin and Gnondo Marin
October
Tanzania: Entered into Block 1 PSA
2004
February
Formation of Ophir
May
Entered into a heads of agreement with Mvelaphanda to conclude a strategic alliance and to acquire certain assets, including Mvelaphanda's interests in the Berbera Block in Somaliland
