Ophir Energy Plc

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  • 72.25p
  • 1.95p (2.77%)

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Ophir Energy share price: Company Taps Excelerate Energy For Equatorial Guinea Project

Company Taps Excelerate Energy For Equatorial Guinea Project

Ophir Energy PLC on Thursday said it has signed a deal with Excelerate Energy LP to be its leading midstream partner on the floating liquefied natural gas project in Block R in Equatorial Guinea

November 2014

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About Ophir Energy Plc

Ophir Energy Plc (LON:OPHR) is a holding company of a group of companies with energy assets in a number of African locations. Its principal activities are exploration for oil and gas, predominantly in deepwater acreage in eight jurisdictions in East and West Africa.
Ophir Energy’s headquarters are located in London (United Kingdom), with operational offices in Perth (Australia), Dar es Salaam and Mtwara (Tanzania), Malabo (Equatorial Guinea), Libreville (Gabon), Nairobi (Kenya) and Accra (Ghana). The company has oil and gas projects in eight different African countries -- Congo, Equatorial Guinea, Gabon, Madagascar, The Sahrawi Arab Democratic Republic, Senegal, Somaliland and Tanzania.
The company was founded by Alan Stein and Jonathan Taylor in 2004 with backing from Tokyo Sexwale. In 2012, Ophir Energy acquired Dominion Petroleum Ltd. as well as ten new seismic programmes and four new deepwater licenses, covering 13,000 square kilometres and 17,916 square kilometres respectively.
Ophir Enrgy has been listed on the London Stock Exchange since July 2011 and is a constituent of the FTSE 250 Index.

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