Strategic Risks

Decisions regarding our investments and resource allocation are vital to the success of our business strategy.

Risk Mitigants Responsibility at functional level Change
(2014 on 2013)
Investment decisions
  • Focus on growing a revenue generating business to fund exploration activities and minimise the overall cost of capital.
  • Only allocate capital to highest return opportunities following rigorous risk reward analysis.
  • The Company and its advisors are experienced within the industry, and complete a proper review of the Company’s strategy and investment criteria.
  • The current portfolio is closely monitored and new market opportunities continually reviewed.
  • A robust risk assessment and due diligence process is undertaken on all potential new entries.
  • Ophir endeavours to transact at the most appropriate time to create value for shareholders.
Director – Portfolio & Strategy
Inadequate resource and reliance on key personnel
  • The Company regularly reviews the organisation to ensure it is appropriately resourced to deliver its objectives.
  • Ophir relies on the excellence of a 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 Plan (LTIP) for Executives and a Deferred Share Plan for staff.
Director – Human Resources