Ophir Energy


All posts for Ophir Energy

Oil Price, Hurricane, Amerisur, Sound, Eco Atlantic, Ophir, and Finally…

WTI $70.37 +$1.12, Brent $79.74 +68c, Diff -$9.37 -44c, NG $2.83 n/c Oil Price Another good day on the bourse as oil ran up particularly WTI on the EIA inventory stats which showed a draw of 5.3m b's of crude against the combined guesses of the scribblers of 1.6m. Products, as one might expec ...

Malcolm Graham-Wood - Malcy's Blog


Posted 2 months agoPress > MalcyMalcy'sMalcy's Blog +7

Ophir Energy Half Year Results

Ophir Energy plc today reports results for the six months ended 30 June 2018. Alan Booth, Interim CEO of Ophir, commented: “As per the separate strategic update, the Board is rebalancing the company's portfolio towards a larger Asian production and cash flow base with the aim of building a st ...

OilVoice Press - OilVoice


Posted 2 months agoPress > Ophir EnergyResultsEarnings +2

Ophir Energy Announces Strategic Update

Build a strong foundation of Production & Development in SE Asia Transition to an Asian HQ, London office to be significantly downsized Evaluate attractive consolidation opportunities Unlock the potential value in LNG assets Following his appointment as interim CEO in May 2018, and the ...

OilVoice Press - OilVoice


Posted 2 months agoPress > Ophir EnergyAsiaLNG +4

Santos Completes Sale of Non-Core Asian Assets

Santos announced in May 2018 the sale of its non-core Asian portfolio to Ophir Energy plc. Santos today advised completion of the sale of the producing assets has occurred (1). Santos has received cash proceeds of US$144 million at completion, which represents the sale price of US$221 million afte ...

OilVoice Press - OilVoice


Posted 2 months agoPress > SantosAsiaDivestment +1

Ophir Energy: Completion of Acquisition of Certain Southeast Asian Producing Assets From Santos Limited

Ophir is pleased to announce the completion of the acquisition of the Producing Assets from Santos Limited ("Santos"). Interim CEO of Ophir, Alan Booth, said: "I am delighted that we have completed the acquisition of the Producing Assets from Santos Limited and would like to extend a warm wel ...

OilVoice Press - OilVoice


Posted 2 months agoPress > Ophir EnergySantosAcquisition +3

Ophir Energy: Proposed Acquisition of Certain Southeast Asian Producing and Exploration Assets From Santos Limited / Results of AGM

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"). In ...

OilVoice Press - OilVoice


Posted 3 months agoPress > Ophir EnergyAcqusitionexploration +3

Ophir Energy: Proposed Acquisition

Proposed acquisition of certain Southeast Asian producing and exploration assets from Santos Limited Publication of Circular and Notice of General Meeting Further to the announcement by Ophir on 3 May 2018 relating to the proposed acquisition of a package of Southeast Asian assets from Santos ...

OilVoice Press - OilVoice


Posted 3 months agoPress > Ophir EnergyAcquisitionSoutheast Asia +1

Ophir Energy: Fortuna Update

We note the announcement by Golar LNG Partners' regarding the dissolution of its OneLNG joint venture with Schlumberger. Whilst it is disappointing that Schlumberger will no longer be part of the partnership group, Golar and Ophir remain actively engaged in senior level discussions with a number o ...

OilVoice Press - OilVoice


Posted 5 months agoPress > FortunaLNGLiquified Natural Gas +3

Oil price, President, Sound, Petro Matad, Touchstone, Ophir And finally...

Oil price The dust is settling on the oil complex at the moment and Brent crude is down some 50 odd cents as I write. A bit more money is coming off the table from the traders who think that enough is enough but they remain long in case of  further geopolitical trauma. Worries that Opec and Non-O ...

Malcolm Graham-Wood - Malcy's Blog


Posted 6 months agoOpinion > Malcy's BlogPresident EnergySound Energy +3

Ophir - Farm-out of EG-24 exploration licence  

Farm-out of EG-24 exploration licence     Ophir announces that it has entered into a farm-out agreement with Kosmos Energy ("Kosmos") covering the EG-24 exploration licence in Equatorial Guinea.   Under the terms of the agreement, Kosmos will acquire a 40% non-operated interest in Block E ...

OilVoice Press - OilVoice


Posted 6 months agoPress > Ophir EnergyFarm OutKosmos Energy +1

Ophir Energy, Premier Oil

Ophir Energy I spotted Ophirs figs from my hotel yesterday and am looking stone wrong on this one after a reasonable set of figures were hijacked again. So, reserves up (13%), funds flow from production up (46%), reduced G&A(17%), increased liquidity (57%) and delivered NAV growth (6.4%). But, ...

Malcolm Graham-Wood - Malcy's Blog


Posted 8 months agoOpinion > MalcyMalcy'sMalcy's Blog +2

Ophir Energy – 2017 Full-Year Results

NICK COOPER, CHIEF EXECUTIVE OFFICER, COMMENTED: “2017 saw Ophir take important steps to adapt and right-size the business, meet key operational targets and replenish our exploration portfolio. Nevertheless, we are disappointed to have not yet achieved the Fortuna project FID despite having mad ...

OilVoice Press - OilVoice


Posted 8 months agoPress > Ophir EnergyEarningsResults +1

Oil Price, SDX Energy, IGas, Ophir, DGO, And Finally…

WTI $65.80 +$1.07, Brent $69.65 +76c, Diff -$3.85 -31c, NG $2.86 Oil Price The monthly numbers for crude oil were good, WTI rose 7.1% and Brent was up by 4.35%, a decent performance under the circumstances. If there had been a blog yesterday it would have noted that poor API inventory stats w ...

Malcolm Graham-Wood - Malcy's Blog


Posted 9 months agoOpinion > Malcy'sMalcyMalcy's Blog +7

Ophir Energy: Mexico License Award

Ophir is pleased to announce that, together with its joint venture partners, it has been awarded Block 10 and Block 12 as part of the Mexico offshore bid round 2.4. Both of these licences are located in the Ridges basin, which features a proven hydrocarbon system and material prospectivity. The lic ...

OilVoice Press - OilVoice


Posted 9 months agoPress > Ophir EnergyLicense AwardMexico +2

Oil Price, BP, Zenith, Faroe, Gulfsands, Empyrean, Ophir, Amerisur, Links And Finally…

WTI $63.73 -$1.09, Brent $69.15 -$1.11, Diff -$5.42 -2c, NG $3.13 -7c Oil Price A down day after the Martin Luther King holiday, probably a bit of a technical correction, $65 and $70 seemed a little rich for the money managers with over a bill tied up in oil…But comments by Russian Oil Minis ...

Malcolm Graham-Wood - Malcy's Blog


Posted 10 months agoOpinion > MalcyMalcy's Blogoil price +7