2018 Half year results
Ophir Energy is listed on the London Stock Exchange
We aim to find resource and monetise it to create value for shareholders
PUSU Extension in relation to possible offer for Ophir by Medco Energi Global PTE Ltd (“Medco Global”) (a wholly-owned subsidiary of PT Medco Energi Internasional Tbk (“Medco”))
At the request of Ophir, the Takeover Panel has consented to an extension of the deadline for Medco Global to either announce a firm intention to make an offer for Ophir or announce that it does not intend to make an offer for Ophir, until 5.00 pm on 31 January 2019. The parties are in advanced negotiations with a view to agreeing a recommended transaction at 55 pence per Ophir ordinary share in cash.
Ophir is pleased to announce the appointment of Dr. Adel Chaouch as an independent non-executive Director to the Company’s Board with immediate effect.
Ophir provides the following update on its trading and operations for the twelve month period ending 31 December 2018.
Net contingent resource at 31 December 2014