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Ophir Energy PLC (OPHR.L)

OPHR.L on London Stock Exchange

65.50GBp
23 May 2018
Change (% chg)

-1.50 (-2.24%)
Prev Close
67.00
Open
66.90
Day's High
66.90
Day's Low
64.80
Volume
1,312,916
Avg. Vol
1,358,584
52-wk High
90.75
52-wk Low
51.00

Latest Key Developments (Source: Significant Developments)

Ophir Energy Says Entered Farm-Out Agreement With Kosmos Energy Covering Eg-24 Exploration Licence In Equatorial Guinea
Monday, 14 May 2018 

May 14 (Reuters) - Ophir Energy PLC ::SAYS ENTERED INTO A FARM-OUT AGREEMENT WITH KOSMOS ENERGY COVERING EG-24 EXPLORATION LICENCE IN EQUATORIAL GUINEA.SAYS UNDER TERMS KOSMOS WILL ACQUIRE A 40% NON-OPERATED INTEREST IN BLOCK EG-24.  Full Article

Ophir Energy Says Average Daily Production Expected To Be Level In 2018 At About 11,500 Boepd
Tuesday, 16 Jan 2018 

Jan 16 (Reuters) - Ophir Energy Plc ::‍DAILY PRODUCTION FROM BUALUANG AND KERENDAN FIELD WAS BROADLY IN LINE WITH GUIDANCE PROVIDED IN MID-2017 AND AVERAGED 11,700 BOEPD​.‍2017 CAPITAL AND INVESTMENT EXPENDITURE (BEFORE WORKING CAPITAL ADJUSTMENTS) WAS BELOW GUIDANCE AT $104 MILLION​.‍AVERAGE DAILY PRODUCTION IS EXPECTED TO BE LEVEL IN 2018 AT ABOUT 11,500 BOEPD.‍UNDERLYING CASH FLOW FROM PRODUCTION IN 2018 IS FORECAST TO BE APPROXIMATELY $90 MILLION AT AN AVERAGE BRENT OIL PRICE OF $57 PER BBL.​.  Full Article

Ophir awarded upstream construction contract
Monday, 2 Oct 2017 

Oct 2 (Reuters) - Ophir Energy Plc ::OPHIR EQUATORIAL GUINEA (BLOCK R) LTD, HAS AWARDED UPSTREAM CONSTRUCTION CONTRACT FOR FORTUNA FLNG PROJECT TO SUBSEA INTEGRATION ALLIANCE.OPHIR ENERGY PLC - AT FID OPHIR EQUATORIAL GUINEA (BLOCK R) LTD WILL BECOME A WHOLLY-OWNED SUBSIDIARY OF FORTUNA JV​.  Full Article