Board Committee membership

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 and OneLNG to form a Joint Operating Company to develop Fortuna FLNG Project

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.

Tanzania drilling

Ophir notes the below press release issued by Shell, the operator of Blocks 1 and 4 in Tanzania, regarding the commencement of exploration drilling:

Resource Monetisation Update

Ophir provides the following update on resource monetisation at the Kerendan and Bualuang fields.

Results of the 2016 Annual General Meeting

Ophir Energy plc (“Ophir” or “the Company”) held its Annual General Meeting today, 10 May 2016, at Linklaters LLP, 1 Silk Street, London, EC2Y 8HQ.

Fortuna FLNG update

Ophir provides an update on the project workstreams leading to Final Investment Decision (“FID”) on the Fortuna FLNG Project:

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 2016 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 10 March 2016 of the Full Year Results Announcement for the year ended 31 December 2015.