Ophir Energy Plc (LON:OPHR)

Ophir Energy Plc (LON:OPHR)

Share Price
57.50 p
0 (1.59 %)
Market Cap
£407.41 m
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Ophir Energy Plc

Ophir Energy plc (Ophir) is the UK incorporated holding company of a group of companies (the Group) with oil and gas exploration assets in a number of African locations. The Group's headquarters are located in London (England), with operational offices in Perth (Australia), Malabo (Equatorial Guinea) and Dar es Salaam/Mtwara (Tanzania).

Market: LSE:OPHR
52-week High/Low: 68.30p / 31.65p
Sector: Energy
Market Cap: £407.41 m
Website: www.ophirenergy.com
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Ophir Energy Plc Timeline

“Today, we have a production-focused business model, exemplified by the proposed Santos transaction. This positions the company well for the future and provides a great platform to Nick's successor"
Credit Suisse has upgraded Ophir Energy to ‘outperform’ even though it is at the same time dropping the target price due to a delayed start-up for the Fortuna LNG project offshore Equatorial Guinea. On this note, analyst Ilkin Karimli said, “Project financing is the last remaining hurdle before an FID can be taken on Fortuna,”

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