| Type | Subsidiary |
| Parent Company | Medco |
| HQ | London, GB |
| Founded | 2004 |
| Website | ophir-energy.com |
| Cybersecurity rating | BMore |
Ophir Energy was founded in 2004 and is headquartered in London, GB
Viewing summary data as a guest
Sign up for free to see all dataKey People/Management at Ophir Energy
Tony Rouse
CFO
John Bell
Director – Asia Operations
Philip Laing
General Counsel & Company Secretary
Oliver Quinn
Director - Exploration and Africa
Gawain Ross
Director - Corporate Risk & Services
Dato Sandroshvili
Director - M&A
Ophir Energy Office Locations
Ophir Energy has an office in London
London, GB (HQ)
123 Victoria St
Ophir Energy Financials and Metrics
Summary Metrics
Founding Date | 2004 |
Ophir Energy is a subsidiary of Medco
Ophir Energy Revenue
Ophir Energy's revenue was reported to be £235.60 m in FY, 2018 which is a 58.2% increase from the previous period.
| GBP | FY, 2016 | FY, 2017 | FY, 2018 |
|---|---|---|---|
Revenue | 77.8m | 148.9m | 235.6m |
Revenue growth, % | (33%) | 91% | 58% |
Cost of goods sold | 69.3m | 116.6m | 157.4m |
Gross profit | 8.5m | 32.3m | 78.2m |
| GBP | FY, 2004 | FY, 2005 | FY, 2006 | FY, 2007 | FY, 2008 | FY, 2009 | FY, 2010 | FY, 2011 | FY, 2012 | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 | FY, 2017 | FY, 2018 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash | 1.5m | 17.9m | 19.8m | 51.4m | 81.1m | 57.4m | 256.0m | 135.9m | 333.2m | 600.6m | 492.1m | 261.6m | 176.8m | 255.5m | |
Accounts Receivable | 5.2m | 4.3m | 6.9m | 22.0m | 17.7m | 16.5m | 46.6m | ||||||||
Inventories | 4.5m | 5.5m | 5.8m | 4.0m | 7.6m | 17.0m | 16.4m | 40.2m | 33.9m | 32.1m | 26.5m | ||||
Current Assets | 1.5m | 58.6m | 24.1m | 79.0m | 88.6m | 92.1m | 265.9m | 149.2m | 460.8m | 836.7m | 575.8m | 757.4m | 713.0m | 343.6m |
| GBP | FY, 2004 | FY, 2005 | FY, 2006 | FY, 2007 | FY, 2008 | FY, 2009 | FY, 2010 | FY, 2011 | FY, 2012 | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 | FY, 2017 | FY, 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 | 247.1k | 606.0k | (4.7m) | (17.9m) | (6.2m) | (8.5m) | (14.5m) | (17.8m) | (9.8m) | (7.7m) | 32.9m | (6.5m) | 85.9m | 84.9m | |
Cash From Financing Activities | 5.7m | 114.1m | 8.1k | 135.4m | 64.4m | 637.8 | 240.8m | 145.0m | 533.0m | (29.0m) | (216.4m) | (54.9m) | (86.0m) | 188.5m | |
Net Change in Cash | 1.3m | 16.5m | 2.3m | 24.5m | 34.0m | (28.9m) | 198.0m | (100.0m) | 172.8m | 261.5m | (215.1m) | (184.6m) | (107.9m) | 78.4m |
Ophir Energy Operating Metrics
| FY, 2013 | FY, 2014 | FY, 2015 | |
|---|---|---|---|
Oil Production, barrels per day | 60 k | ||
Oil and Gas Reserves, mmboe | 1.26 k | 1.03 k | 996 |
Ophir Energy Cybersecurity Score
Ophir Energy Online and Social Media Presence
514 Twitter followers
Ophir Energy has 514 Twitter Followers. The number of followers has increased 0.4% month over month and increased 4.3% quarter over quarter
Ophir Energy's Trends
Ophir Energy News and Updates
March 20, 2019
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).
January 30, 2019
Medco Reaches Ophir Energy Takeover Deal at 55 Pence a Share
Medco Reaches Takeover Deal for Ophir Energy at 55 Pence a Share
Ophir Energy Blogs
March 20, 2019
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…
March 20, 2019
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…
January 30, 2019
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…
January 28, 2019
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…
January 15, 2019
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…
January 15, 2019
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…
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.
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