Ophir Energy

Ophir Energy is an upstream oil and gas exploration company which is listed on the London Stock Exchange (FTSE 250). Ophir has one of the largest deepwater acreage positions across East and West Africa. The Company's headquarters are located in London (England) and has operational offices in Perth (Australia), Dar es Salaam and Mtwara (Tanzania), Malabo (Equatorial Guinea), Libreville (Gabon) and Nairobi (Kenya).
TypeSubsidiary
Parent CompanyMedco
HQLondon, GB
Founded2004
Websiteophir-energy.com
Cybersecurity ratingBMore
Ophir Energy was founded in 2004 and is headquartered in London, GB

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Key People/Management at Ophir Energy

Tony Rouse

Tony Rouse

CFO
John Bell

John Bell

Director – Asia Operations
Philip Laing

Philip Laing

General Counsel & Company Secretary
Oliver Quinn

Oliver Quinn

Director - Exploration and Africa
Gawain Ross

Gawain Ross

Director - Corporate Risk & Services
Dato Sandroshvili

Dato Sandroshvili

Director - M&A
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Ophir Energy Office Locations

Ophir Energy has an office in London
London, GB (HQ)
123 Victoria St
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Ophir Energy Financials and Metrics

Summary Metrics

Founding Date

2004
Ophir Energy is a subsidiary of Medco

Ophir Energy Revenue

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View revenue for all periods
Ophir Energy's revenue was reported to be £235.60 m in FY, 2018 which is a 58.2% increase from the previous period.
GBPFY, 2016FY, 2017FY, 2018

Revenue

77.8m148.9m235.6m

Revenue growth, %

(33%)91%58%

Cost of goods sold

69.3m116.6m157.4m

Gross profit

8.5m32.3m78.2m
GBPFY, 2004FY, 2005FY, 2006FY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

1.5m17.9m19.8m51.4m81.1m57.4m256.0m135.9m333.2m600.6m492.1m261.6m176.8m255.5m

Accounts Receivable

5.2m4.3m6.9m22.0m17.7m16.5m46.6m

Inventories

4.5m5.5m5.8m4.0m7.6m17.0m16.4m40.2m33.9m32.1m26.5m

Current Assets

1.5m58.6m24.1m79.0m88.6m92.1m265.9m149.2m460.8m836.7m575.8m757.4m713.0m343.6m
GBPFY, 2004FY, 2005FY, 2006FY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

(264.0k)(630.4k)(7.5m)(14.1m)(84.3b)(26.0m)(12.3m)(12.3m)(24.3m)(161.6m)37.5m(258.2m)(56.2m)(88.3m)(617.5m)

Cash From Operating Activities

247.1k606.0k(4.7m)(17.9m)(6.2m)(8.5m)(14.5m)(17.8m)(9.8m)(7.7m)32.9m(6.5m)85.9m84.9m

Cash From Financing Activities

5.7m114.1m8.1k135.4m64.4m637.8240.8m145.0m533.0m(29.0m)(216.4m)(54.9m)(86.0m)188.5m

Net Change in Cash

1.3m16.5m2.3m24.5m34.0m(28.9m)198.0m(100.0m)172.8m261.5m(215.1m)(184.6m)(107.9m)78.4m
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Ophir Energy Operating Metrics

FY, 2013FY, 2014FY, 2015

Oil Production, barrels per day

60 k

Oil and Gas Reserves, mmboe

1.26 k1.03 k996
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Ophir Energy Cybersecurity Score

Cybersecurity ratingPremium dataset

B

82/100

SecurityScorecard logo

Ophir Energy Online and Social Media Presence

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Ophir Energy News and Updates

Form 8.5 (EPT/RI) - Ophir Energy PLC

     FORM 8.5 (EPT/RI)

Form 8.5 (EPT/RI) - Ophir Energy plc - AMENDMENT

     FORM 8.5 (EPT/RI)  - AMENDMENT

Indonesia's Medco sweetens bid for Ophir Energy

Ophir Energy Plc on Wednesday said it had received a sweetened cash offer from Indonesian oil and gas group Medco valuing it at about 408.4 million pounds ($539 million).

Medco Reaches Ophir Energy Takeover Deal at 55 Pence a Share

Medco Reaches Takeover Deal for Ophir Energy at 55 Pence a Share

Form 8.5 (EPT/RI) - Ophir Energy Plc

  FORM 8.5 (EPT/RI)

Form 8.5 (EPT/RI)v - Ophir Energy plc

  FORM 8.5 (EPT/RI)
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Ophir Energy Blogs

No intention to bid statement in relation to Coro Energy plc

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, IN, INTO, OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF THAT JURISDICTION THIS IS AN ANNOUNCEMENT TO WHICH RULE 2.8 OF THE CITY CODE OF TAKE…

INCREASED RECOMMENDED FINAL CASH OFFER

INCREASED RECOMMENDED FINAL CASH OFFER for Ophir Energy plc (“Ophir”) by Medco Energi Global PTE Ltd (“Medco Global”) (a wholly-owned subsidiary of PT Medco Energi Internasional Tbk (“Medco”)) (to be effected by a scheme of arrangement under Part 26 of the Companies Act 2006)   Increased Offer Price…

RECOMMENDED CASH OFFER for Ophir Energy plc (“Ophir”) by Medco Energi Global PTE Ltd (“Medco Global”)

(a wholly-owned subsidiary of PT Medco Energi Internasional Tbk (“Medco”)) (to be effected by a scheme of arrangement under Part 26 of the Companies Act 2006) Summary The boards of Medco, Medco Global and Ophir are pleased to announce that they have reached agreement on the terms of a recommended ac…

PUSU Extension in relation to possible offer for Ophir by Medco Energi Global PTE Ltd (“Medco Global”) (a wholly-owned subsidiary of PT Medco Energi Internasional Tbk (“Medco”))

In accordance with Rule 2.6(a) of the Code, Medco Global is now required, by not later than 5.00 pm on 31 January 2019, to either announce a firm intention to make an offer for Ophir in accordance with Rule 2.7 of the Code or announce that it does not intend to make an offer for […] The post PUSU Ex…

Appointment of Non-executive Director

Dr. Chaouch is an experienced senior oil and gas professional and is currently serving as North Africa and Middle East Director for Marathon Oil Company. Dr. Chaouch is also currently a Board director of the Bi-Lateral US-Arab Chamber of Commerce, Houston, Texas. Dr Chaouch has a Masters of Engineer…

Operations and Trading Update

Alan Booth, Interim CEO of Ophir, commented:  “With the successful integration of the Santos South East Asian assets, Ophir has significantly strengthened its production and development portfolio. We are now well positioned to generate significant free cash flow going forward. Our underlying busines…
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Ophir Energy Frequently Asked Questions

  • When was Ophir Energy founded?

    Ophir Energy was founded in 2004.

  • Who are Ophir Energy key executives?

    Ophir Energy's key executives are Tony Rouse, John Bell and Philip Laing.

  • How many employees does Ophir Energy have?

    Ophir Energy has 163 employees.

  • What is Ophir Energy revenue?

    Latest Ophir Energy annual revenue is £235.6 m.

  • What is Ophir Energy revenue per employee?

    Latest Ophir Energy revenue per employee is £1.4 m.

  • Who are Ophir Energy competitors?

    Competitors of Ophir Energy include Igas Energy, Parker Drilling and Sprague.

  • Where is Ophir Energy headquarters?

    Ophir Energy headquarters is located at 123 Victoria St, London.

  • Where are Ophir Energy offices?

    Ophir Energy has an office in London.

  • How many offices does Ophir Energy have?

    Ophir Energy has 1 office.