Results of General Meeting

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”).

Proposed Acquisition of a package of Southeast Asian assets from Santos

Ophir has agreed to acquire 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”). The portfolio of assets includes material producing assets in Vietnam and Indonesia plus exploration and appraisal assets in Malaysia, Vietnam and Bangladesh.

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.

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.

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.

Signing of Myanmar PSC

Ophir Energy plc is pleased to announce that it has signed a Production Sharing Contract with the Myanmar Ministry of Energy which finalises the award of Block AD-03 offshore Myanmar.

Equatorial Guinea: Appointment of Midstream Partner

Ophir Energy plc (“Ophir” or “the Company”) announces the appointment of Excelerate Energy, L.P (“Excelerate”) as its lead Midstream Partner for the provision of Floating Liquefaction and Storage facilities at Ophir’s operated FLNG project in Block R, Equatorial Guinea.