Who we are
Ophir Energy was founded in 2004 and was listed on the London Stock Exchange in 2011.
Ophir’s strategy is to focus on delivering a strong, cash generative production and development base to serve as a platform for further growth and shareholder returns. The addition in 2018 of a package of Southeast Asian production assets, acquired from Santos, was a major step towards achieving this. In September 2018 the Board announced a set of strategic priorities which are:
- Focus on sustainability and free cash flow generation in order that we can drive NAV growth and returns to shareholders
- Minimise frontier exploration and focus on near field exploration
- Consolidation; evaluate opportunities that accelerate the delivery of the stated objectives
- Cost reduction; downsize the London office and establish an Asian HQ before the end of 2019.