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).
TypePublic
HQLondon, GB
Founded2004
Size (employees)288 (est)-4%
Websiteophir-energy.com
Ophir Energy was founded in 2004 and is headquartered in London, GB
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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

Ophir Energy Revenue

Ophir Energy's revenue was reported to be £136.85 m in FY, 2017
GBP

Revenue (FY, 2017)

136.9m

Gross profit (FY, 2017)

29.7m

Gross profit margin (FY, 2017), %

21.7%

Net income (FY, 2017)

(81.1m)

EBITDA (FY, 2017)

18.5m

EBIT (FY, 2017)

(39.1m)

Cash (31-Dec-2017)

162.4m
GBPFY, 2004FY, 2005FY, 2006FY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

3.6m370.0k339.9k9.5m129.0m77.8m136.9m

Revenue growth, %

(33%)

Cost of goods sold

103.1m69.3m107.1m

Gross profit

25.8m8.5m29.7m
GBPFY, 2004FY, 2005FY, 2006FY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

1.5m17.9m19.8m51.4m81.1m57.4m256.0m135.9m333.2m600.6m492.1m261.6m162.4m

Accounts Receivable

5.2m4.3m6.9m22.0m17.7m15.2m

Inventories

4.5m5.5m5.8m4.0m7.6m17.0m16.4m40.2m33.9m29.5m

Current Assets

1.5m58.6m24.1m79.0m88.6m92.1m265.9m149.2m460.8m836.7m575.8m757.4m655.2m
GBPFY, 2004FY, 2005FY, 2006FY, 2007FY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

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)(81.1m)

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)78.9m

Cash From Financing Activities

5.7m114.1m8.1k135.4m64.4m637.8240.8m145.0m533.0m(29.0m)(216.4m)(54.9m)(79.0m)

Net Change in Cash

1.3m16.5m2.3m24.5m34.0m(28.9m)198.0m(100.0m)172.8m261.5m(215.1m)(184.6m)(99.2m)
GBPY, 2017

Revenue/Employee

463.9k

Financial Leverage

1.4 x
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Ophir Energy Operating Metrics

FY, 2013FY, 2014FY, 2015

Oil Production Volume, barrels per day

60 k

Oil and Gas Reserves, MMboe

1.26 k1.03 k996
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Ophir Energy Revenue Breakdown

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Ophir Energy revenue breakdown by geographic segment: 100.0% from Asia

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Ophir Energy Online and Social Media Presence

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Ophir Energy Blogs

Half year results for the six months ended 30 June 2018

Alan Booth, Interim CEO of Ophir, commented: “As per the separate strategic update, the Board is rebalancing the company’s portfolio towards a larger Asian production and cash flow base with the aim of building a stable, self-financing E&P company. The recent acquisition of assets from Santos is…

Ophir announces strategic update

Following his appointment as interim CEO in May 2018, and the recently closed Santos production acquisition, Alan Booth and the Board have reviewed and agreed the key next steps to enable Ophir to deliver the inherent value in its asset base and maximise value for shareholders. Ophir, as announced t…

Completion of acquisition of certain SE Asian producing assets

The post Completion of acquisition of certain SE Asian producing assets appeared first on Ophir Energy Plc.

Results of General Meeting

In connection with the Transaction, Ophir announces that at the general meeting of the Company held today, the resolutions put to the shareholders to approve the Transaction and the Commitment Compensation Payment Arrangements in relation to the Transaction were duly passed on a poll. The results sh…

Publication of Circular and Notice of General Meeting regarding Proposed acquisition of certain Southeast Asian producing and exploration assets from Santos Limited

The Chairman’s Letter within the Circular contains the following information on the Background to and reasons for the Transaction: “Over recent years, against a challenging backdrop for the sector, Ophir has taken a number of steps to deliver against its strategy including: increasing the focus on O…

Section 430(2B) Announcement

As announced on 18 May 2018, as part of mutually agreed succession planning, Dr Cooper stepped down from the Company’s Board on 18 May 2018. In accordance with the terms of his employment contract (which entitle him to 12 months’ notice of termination) he is on garden leave until 18 August 2018 (the…

Ophir Energy Company Life and Culture

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