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Ophir Energy CEO keeping eyes open for high quality exploration targets

The chief executive of Ophir Energy, (LON:OPHR), Nick Cooper, says the business will continue to seek out exploration opportunities in Africa and build up its  strategic offshore acreage holdings in the West and East of the continent.

“We won’t be hasty,” Cooper said speaking at the Oil Council’s 2015 Africa Assembly. “However, we do want to put dollars to work and build up our portfolio of assets.”

Ophir has made a number of significant gas discoveries in Tanzania and Equatorial Guinea and last year expanded its operations in Gabon, the Seychelles, Myanmar and Indonesia.

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