Ophir Energy Plc Block R Licence, Equatorial Guinea (8013L)
31 Dezember 2018 - 11:16AM
UK Regulatory
TIDMOPHR
RNS Number : 8013L
Ophir Energy Plc
31 December 2018
31 December 2018
Ophir Energy plc
("Ophir")
Block R Licence, Equatorial Guinea
Ophir announces that it is still awaiting a response from the
Equatorial Guinea Ministry of Mines and Hydrocarbons ('MMH') with
regards to its request for an extension of the Block R licence. We
continue to engage with the MMH as well as potential investors in
the Fortuna Development. We expect to receive further communication
from the MMH in January concerning either the lapse of the licence
or the terms of any extension and will update shareholders as soon
as the situation is clarified.
The Board remains focused on implementing the strategy outlined
in its announcement on 13 September and is proactively evaluating
the options available to the Company to maximise value for
shareholders for the rest of the portfolio.
For further enquiries please contact:
Ophir Energy plc + 44 (0)20 7811 2400
Geoff Callow, Head of IR and Corporate Communications
Brunswick (PR Adviser to Ophir) + 44 (0)20 7404 5959
Patrick Handley
Wendel Verbeek
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END
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