Appointment of non-executive Directors and Board Committee Membership

Ophir is pleased to announce the appointment of Mr David Davies and Dr Carl Trowell as independent non-executive Directors to the Company’s Board with immediate effect.

David Davies will also be appointed as a member of the Company’s Audit Committee with immediate effect.

The appointments of Mr Davies and of Dr Trowell are a result of Mr Nicholas Smith stepping down in May 2016 and of Mr Ron Blakely announcing his intention to stand down at the May 2017 AGM.

David Davies has over 35 years’ experience as a finance professional, including roles with Morgan Crucible Company plc, London International Group plc and Vienna-based integrated upstream and downstream oil and gas company OMV AG. Most recently he served as Chief Financial Officer from April 2002 and Deputy Chairman of the Executive Board from April 2011 at OMV until stepping down on 1 August 2016.

David has held non-executive Board positions for Nova Chemicals Inc. and Xella International SA, where in both companies he also chaired the Audit Committee. He is a member of the Supervisory Board of the Vienna Stock Exchange (CEESEG AG).

David is a Chartered Accountant with a BA(Hons) in Economics from the University of Liverpool and an MBA from the Cass Business School.

Carl Trowell is the serving President and Chief Executive Officer of offshore contract drilling services provider Ensco plc following his appointment in June 2014. He has previously held a number of management roles at Schlumberger including President of Schlumberger Integrated Project Management (IPM) and Schlumberger Production Management (SPM). Carl began his professional career as a petroleum engineer with Shell.

Carl is member of the advisory board for Energy Ventures, a venture capital company investing in oil and gas technology.

Carl has a BSc in Geology from Imperial College London, a PhD in Earth Sciences from the University of Cambridge and an MBA from the Open University.

Bill Schrader, Chairman of Ophir Energy said:

“I am very pleased to welcome David and Carl to Ophir’s Board. Both have had extensive careers within the oil and gas industry and will provide valuable experience as we continue to grow our business.”