Ophir announces that it has increased and extended its existing Reserve Based Lending Facility (“RBL”). The RBL has been increased by US$100 million to US$350 million facility and the maturity of the RBL has been extended by 18 months, so it now matures on 31 December 2025, restoring the original seven-year maturity.
Ophir provides an update on recent drilling activity in Indonesia and Thailand.
Ophir Energy plc today reports results for the six months ended 30 June 2018.
Build a strong foundation of Production & Development in SE Asia Transition to an Asian HQ, London office to be significantly downsized Evaluate attractive consolidation opportunities Unlock the potential value in LNG assets
Ophir is pleased to announce the completion of the acquisition of the Producing Assets from Santos Limited (“Santos”).
On 3 May 2018 Ophir announced the proposed acquisition of a package of Southeast Asian assets from Santos Limited, an Australian listed oil and gas company, for an aggregate cash consideration of $205 million pre-working capital adjustments, subject to certain approvals (the “Transaction”).
Further to the announcement by Ophir on 3 May 2018 relating to the proposed acquisition of a package of Southeast Asian assets from Santos Limited, an Australian listed Oil & Gas company, for an aggregate cash consideration of $205 million pre-working capital adjustments, subject to certain approvals (the “Transaction”), Ophir announces that the UK Listing Authority has today approved a class 1 circular in relation to the Transaction (the “Circular”).
This announcement sets out the disclosure required by section 430(2B) of the Companies Act 2006 in relation to the departure of Nicholas Cooper from Ophir Energy plc (the “Company”).
Ophir provides the following update on its trading and operations for the six-month period ending 30 June 2018.