The Deepsea Metro I (DSM-1) drillship is currently being used by the Ophir-BG Group Joint Venture in Tanzania. This contract was previously due to expire in June but has now been extended for a further period of at least 18 months.
Mr Booth has 30 years' experience in oil and gas exploration, at Amerada Hess, Oryx Energy, and Encana. More recently, Mr Booth was Founder and CEO of EnCore Oil plc; and is now the Founder and Director of EnCounter Oil Ltd. Mr Booth holds a BSc in ...
Ophir management had previously estimated that a threshold flow test rate of 10-20 mmscf/d would be required to confirm the commerciality of future production wells from this asset.
Market opening: Markets could open lower today. FTSE 100 futures were trading 14 points down at 7:00 am. New York: Wall Street slipped as weaker-than-expected economic data outweighed the Fed's decision to hold interest rates and maintain its stimulus ...
Ophir Energy presently has an average rating of �Buy� and an average price target of GBX 569.73 ($8.68). Ophir Energy plc is an independent oil and gas exploration business with a focus on Africa. The principal activities of the Company are exploration ...
Ophir Energy plc is an independent oil and gas exploration business with a focus on Africa. The principal activities of the Company are exploration for oil and gas, predominantly in deepwater acreage in eight jurisdictions in East and West Africa.
In Tanzania, Ophir Energy extended its contract with Odfell Drilling for at least 18 months to continue its 2013-2014 East African offshore drilling programme.
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