Conclusion of Tanzania Drilling

Ophir and its joint venture partners, BG Tanzania (Shell) and Pavilion Energy, have concluded the drilling of two exploration wells offshore Tanzania, safely and on time.

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.

Fortuna FLNG update

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

Results of G4/50-11 Exploration Well

Ophir announces that it has completed operations on the G4/50-11 wildcat exploration in the South Western Graben of the Gulf of Thailand.

Fortuna FLNG Project and Trading Update

Ophir Energy announces that it has finalised commercial terms and is in the process of signing Heads of Agreement (“HoAs”) for LNG offtake from the Fortuna FLNG Project with a shortlisted group of counterparties, all of which are globally established LNG Buyers.

Commencement of G4/50 exploration drilling programme

Ophir announces that it has commenced its two well exploration drilling programme in Block G4/50, in the western Gulf of Thailand with the spud of G4/50-10 exploration well on the Soy Siam prospect.