2016 Full year results
Ophir Energy is listed on the London Stock Exchange
We aim to find resource and monetise it to create value for shareholders
Ophir provides the following operational update on the Bualuang Field ahead of its Annual General Meeting today.
Ophir announces that the Ayame-1X exploration well in Block 513, Cote D’Ivoire, has reached total depth of 5,394m True Vertical Depth Sub Sea.
Ophir announces that further to the signing last week of the Umbrella Agreement for the Fortuna FLNG project, another milestone has been completed with the award of the Midstream construction contracts.
The Republic of Equatorial Guinea, Ophir Holdings & Ventures Ltd, a subsidiary of Ophir Energy (“Ophir”), OneLNG SA and La Compañía Nacional De Petróleos De Guinea Ecuatorial (“GEPetrol”) have signed a detailed Umbrella Agreement (“UA”) that establishes the full legal and fiscal framework for the Fortuna FLNG Project, Africa’s first deepwater FLNG project.
Ophir provides an update on its asset portfolio and trading for the year ended 31 December 2016.
Ophir and its joint venture partners, BG Tanzania (Shell) and Pavilion Energy, have concluded the drilling of two exploration wells offshore Tanzania, safely and on time.
In accordance with Rule 9.6.11(3) of the Listing Rules, the Board of Directors of the Company announces that the following changes have been made to the membership of its Board Committees:
Ophir Holdings & Ventures LTD (“Ophir”), a wholly owned subsidiary of Ophir Energy plc, and OneLNGSM, a joint venture between subsidiaries of Golar LNG Limited and Schlumberger, announce that they have signed a binding Shareholders’ Agreement to establish a Joint Operating Company (“JOC”) to develop the Fortuna project, in Block R, offshore Equatorial Guinea utilising Golar’s FLNG technology.
Net contingent resource at 31 December 2014