Ophir Energy

Ophir Energy plc
Public limited company
Traded as LSE: OPHR
Industry Oil & Gas exploration
Founded 2004
Headquarters London, United Kingdom
Key people
Nicholas Smith (Chairman)
Nicholas Cooper (Chief Executive Officer)
Revenue $161.1 (2015)[1]
$(368.8) million (2015)[1]
$(322.5) million (2015)[1]
Website www.ophir-energy.com

Ophir Energy plc (LSE: OPHR) is an oil and gas exploration company based in London and operating in Africa and Asia. It is a constituent of the FTSE 250 Index.

History

The company was founded by Alan Stein and Jonathan Taylor in 2004[2] with backing from Tokyo Sexwale.[3] It was listed on the London Stock Exchange in July 2011.[4] In March 2014, Ophir Energy sold its 20 percent stake in its Tanzanian assets for around $1.2 billion.[5]

On 2 March 2015 Ophir Energy's $492 million purchase of Salamander Energy was finalized. [6]

Operations

The company has oil and gas projects in Africa (Equatorial Guinea, Gabon, Tanzania, Kenya and Seychelles) and Asia (Myanmar, Thailand, Indonesia and Malaysia).

References

  1. 1 2 3 "Annual Report 2015" (PDF). Ophir Energy plc. Retrieved 10 April 2016.
  2. "Prospectus" (PDF). Ophir Energy. July 2011. Retrieved 2011-09-17.
  3. Fixer guns for Vodacom Mail and Guardian online, 6 August 2010
  4. "Ophir Energy to Raise $375 Million in IPO for Africa Drilling". Bloomberg. 8 July 2011. Retrieved 2011-09-17.
  5. Ophir Energy sells stake in Tanzanian assets, Africa: Oil Review Africa, 2014
  6. "Ophir Energy completes acquisition of Salamander Energy". Petro Global News. Retrieved 3 March 2015.

External links

This article is issued from Wikipedia - version of the Sunday, April 10, 2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.