Press releases

Sale of Block 5, Mexico

Ophir announces that it has signed a Sales and Purchase Agreement (“SPA”) relating to the sale of its 23.33% interest in Block 5 (Cuenca Salina), offshore Mexico, to the existing partners in the Block 5 exploration licence, subsidiaries of Murphy Oil Corporation, Wintershall Dea and Petronas.

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    Press releases

    Award of Competitive FEED for Fortuna FLNG Project

    Ophir Energy announces that it has awarded Upstream Front End Engineering and Design (FEED) contracts for the Fortuna FLNG Project in Block R, Equatorial Guinea to two contractor consortia, (i) McDermott Marine Construction Ltd and GE Oil & Gas UK Ltd and (ii) Subsea 7 and Aker Solutions.

    Trading Update

    Ophir Energy plc (“Ophir”) provides an update on activity for the first half of 2015 on entering a close period prior to publication of interim financial results on 13 August 2015.

    Independent Reserves Report

    Ophir Energy plc (“Ophir”) provides an update on its audited reserves and resources as at 31 December 2014. The independent reserves and resources reports support the previous management estimates.

    Result of the 2015 Annual General Meeting

    Ophir Energy plc (“Ophir” or “the Company”) held its Annual General Meeting today, 20 May 2015, at Linklaters LLP, 1 Silk Street, London, EC2Y 8HQ.

    Board Committee Changes

    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, with immediate effect:

    Completion of Acquisition of four Deepwater Indonesian PSCs

    Ophir Energy plc (“Ophir” or “the Company”) announces that it has completed the acquisition of four deepwater Production Sharing Contracts (“PSCs”) in Indonesia from Niko Resources (“Niko”). This follows the announcement of the agreement to acquire interests in a series of Niko’s deepwater PSCs on 27 October 2014.

    Annual Financial Report

    As required by DTR 6.3.5(3), Ophir Energy plc (“Ophir” or the “Company”) announces that its Annual Report, Notice of Annual General Meeting (“AGM”) and Form of Proxy for the 2015 AGM have been published and (excepting the Form of Proxy) are now available on the Ophir website: www.ophir-energy.com. This follows the release on 19 March 2015 of the Preliminary Results Announcement for the year ended 31 December 2014 (the “Preliminary Announcement”).

    Repayment of convertible bond

    Ophir Energy plc (“Ophir”) announces that it has repaid in full and redeemed the $94 million of outstanding convertible bonds (the “Bonds”) issued by its subsidiary Salamander Energy plc (“Salamander”) which matured on 30 March 2015, along with the associated coupon. This is in line with expectations at the time Ophir acquired Salamander.