Ophir Energy

Ophir Energy plc

Type	Public limited company
Traded as	LSE: OPHR
Industry	Oil exploration
Founded	2004
Headquarters	London, United Kingdom
Key people	Nicholas Smith (Chairman) Nicholas Cooper (Managing Director)
Revenue	$0.5 million (2010)[1]
Operating income	$(19.3) million (2010)[1]
Net income	$(19.3) million (2010)[1]
Website	www.ophirenergy.com

Ophir Energy plc (LSE: OPHR) is a oil exploration company based in London and operating in Africa. It is a constituent of the FTSE 250 Index.

History

The company was founded by Alan Stein and Jonathan Taylor in 2004^[2] with backing from Tokyo Sexwale and Lakshmi Mittal.^[3] It was first listed on the London Stock Exchange in July 2011.^[4]

Operations

The company has oil and gas projects in 8 different African counties (Congo, Equatorial Guinea, Gabon, Madagascar, Sahrawi Arab Democratic Republic, Senegal, Somaliland and Tanzania).^[5]

References

1. ^ ^{a b c} "Annual Report for the year ended 31 December 2010". Ophir Energy plc. http://www.ophirenergy.com/UserDir/Documents/Annual-Reports/OECL%202010%20Annual%20Report%20EXECUTED.pdf. Retrieved 2011-09-17. 
2. ^ "Prospectus". Ophir Energy. July 2011. http://www.unquoted-analyst.com/uploads/t1psim/148239_Project_Zanzibar_Final_clean_without.pdf. Retrieved 2011-09-17. 
3. ^ "Mittal-backed Ophir Energy eyes London float". The Telegraph. 2 April 2011. http://www.telegraph.co.uk/finance/newsbysector/energy/oilandgas/8425209/Mittal-backed-Ophir-Energy-eyes-London-float.html. Retrieved 2011-09-17. 
4. ^ "Ophir Energy to Raise $375 Million in IPO for Africa Drilling". Bloomberg. 8 July 2011. http://www.bloomberg.com/news/2011-07-08/ophir-energy-to-raise-375-million-in-ipo-for-africa-drilling.html. Retrieved 2011-09-17. 
5. ^ "Mittal-backed Ophir Energy plans £1bn London listing". The Telegraph. 9 June 2011. http://www.telegraph.co.uk/finance/newsbysector/energy/8564279/Mittal-backed-Ophir-Energy-plans-1bn-London-listing.html. Retrieved 2011-09-17. 

External links

• Official site