Industry Oil & Gas exploration Revenue 161.1 USD (2015) | Traded as LSE: OPHR Headquarters United Kingdom Founded 2004 | |
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Key people Nicholas Smith (Chairman)Nicholas Cooper (Chief Executive Officer) Operating income Net income $(322.5) million (2015) Stock price OPHR (LON) 84.25 GBX -1.25 (-1.46%)24 Mar, 4:35 PM GMT - Disclaimer Profiles |
Ophir energy stronger than ever despite share price fall
Ophir Energy plc (LSE: OPHR) is an oil and gas exploration company based in London and operating in Africa and Asia. It is listed on the London Stock Exchange.
Contents
History
The company was founded by Alan Stein and Jonathan Taylor in 2004 with backing from Tokyo Sexwale. It was listed on the London Stock Exchange in July 2011. In March 2014, Ophir Energy sold its 20 percent stake in its Tanzanian assets for around $1.2 billion.
On 2 March 2015 Ophir Energy's $492 million purchase of Salamander Energy was finalized.
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
Ophir Energy Wikipedia(Text) CC BY-SA