Appointment of Non-executive Director

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.

Operations and Trading Update

Ophir provides the following update on its trading and operations for the twelve month period ending 31 December 2018.

Rejection of Possible Offer

Rejection of the possible offer for Ophir by PT Medco Energi Global PTE Ltd (“Medco Global”) (a wholly-owned subsidiary of PT Medco Energi Internasional Tbk (“Medco”)).

Response to Medco announcement

Statement regarding the potential acquisition of Ophir by PT Medco Energi Global PTE Ltd (“Medco Global”) (a wholly-owned subsidiary of PT Medco Energi Internasional Tbk (“Medco”)).

Block R Licence, Equatorial Guinea

Ophir announces that it has received notification from the Equatorial Guinea Ministry of Mines and Hydrocarbons that the Block R Licence, which contains the Fortuna gas discovery, will not be extended following expiry of the licence on 31 December 2018.