4 Nov 2015 12:19
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Don't have an account? Click here to register.Ophir Energy says BP veteran William Schrader to be chairman
Wed, 27th Jan 2016 10:49
(ShareCast News) - William Schrader will replace Nicholas Smith as chairman of oil and gas company Ophir Energy with effect from 30 April.Schrader has over 30 years' experience working at BP and joined the board of Ophir as a non-executive director in February 2013.Senior independent non-executive director Ron Blakely said: "Bill was the outstanding candidate for the role of chairman, combining over 30 years of industry experience with three years on the board of Ophir."He has been an excellent board member and I have no doubt will prove to be an outstanding chairman."Ophir also said on Wednesday that chief financial officer Anthony Rouse will be made an executive director with immediate effect.Rouse, who joined Ophir in October 2014, has over 30 years' experience in the upstream oil and gas industry including 13 years of assignments in Europe, Africa, Asia and South America.At 1056 GMT, Ophir shares were up 1.4% to 90.53p.
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2 Nov 2015 14:50
FTSE 250 movers: Serco and Petra lift mid-caps
(ShareCast News) - Recovering from an initial lurch lower, the FTSE 250 index scrambled higher over the course of Monday's session, helped by optimism in some mining investors. Serco was top riser among London's mid-caps, however, as the outsourcing group was boosted by RBC Capital Markets upgrading
Read more2 Nov 2015 08:17
Ophir Energy plugs and abandons Soy Siam prospect well
(ShareCast News) - Ophir Energy has plugged and abandoned the G4/50-10 exploration well that was testing the Soy Siam prospect in Thailand after all reservoirs were dry and no hydrocarbon shows were encountered. The company noted that preliminary well analysis had suggested the structure had no acce
Read more29 Oct 2015 11:45
Ophir sees gas from Equatorial Guinea floating LNG project by 2019
CAPE TOWN, Oct 29 (Reuters) - Ophir Energy expects to make a final investment decision in 2016 on its floating liquid natural gas project off Equatorial Guinea, a senior executive said on Thursday. Oliver Quinn, director of new business for Ophir, also told an industry conference that first
Read more27 Oct 2015 11:08
Tanzania presidency hopeful to fix LNG land issues in weeks, if win confirmed
* Pre-election polls, ruling party see Magufuli victory * Land issue delays seen holding back LNG plant * Construction of LNG plant would spur Tanzania's growth By Edmund Blair NAIROBI, Oct 27 (Reuters) - A government led by Tanzania's John Magufuli, if his election victor
Read more7 Oct 2015 13:46
FTSE 250 movers: Miners and energy stocks rally; Wizz Air crashes
(ShareCast News) - London's FTSE 250 index was down 0.2% at 17,101.89 just after 1400 BST, underperforming the broader market. Miners were firmly on the front foot as metals prices advanced and the sector got a boost from an upbeat note by Morgan Stanley. The bank upgraded its stance on the European
Read more11 Sep 2015 09:37
BUZZ-UK Oil Cos: Jefferies reshuffles ratings
** Jefferies updates ratings on oil cos, seeing value in the beaten-down sector ** Tullow Oil up 3.1 pct, second-largest large-cap gainer in Europe as Jefferies upgrades rating to "hold" ** Analysts upgrade stock, which is down 49 pct YTD, as it now trades near Jefferies' revised PT o
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