Ophir Energy plc provided an Interim Management Statement and Operational Update for the period 1 January 2013 to 16 May 2013.
Corporate Highlights:
Key Operational Events:
Tanzania
Ghana
Nick Cooper, CEO of Ophir Energy plc commented: “ We have seen considerable operational and financial progress in the first half of 2013, both via the drill bit and through the support for the successful March 2013 Placing and Rights Issue.
“The results of the Mzia-2 appraisal programme represented a key step towards achieving Tanzania’s first LNG development project and we await the results of the Ngisi-1 exploration well in June. We are looking forward to an exciting second half of 2013, with further drilling of up to five wells across Blocks 1, 4, and 7 in Tanzania and in the Offshore Accra Block in Ghana.”
[mappress] LNG World News Staff, May 16, 2013; Image: Ophir