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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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9 Sep 2015 09:06

Credit Suisse sees slow recovery in oil, cuts targets

(ShareCast News) - Demand for oil will recover as will prices, but more slowly and from a lower base, creating a challenge for European exploration and production companies, according to new research from Credit Suisse. "A prolonged downturn as we now envision creates greater challenges to the Europ

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8 Sep 2015 08:36

BROKER RATINGS SUMMARY: UBS Raises BP To Buy From Neutral

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2 Sep 2015 16:07

LONDON MARKET CLOSE: European Stocks Boosted By Wall Street Rebound

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2 Sep 2015 09:37

WINNERS & LOSERS SUMMARY: Halfords Knocked Off Its Bike

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25 Aug 2015 09:44

WINNERS & LOSERS SUMMARY: BHP, Antofagasta And RSA Lead Blue-Chips

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24 Aug 2015 07:58

BUZZ-European stocks and China: resources hit, luxury a relative outperformer

** Familiar story for resources and oil names as China growth scare continues to rattle European markets ** Some proxies that first felt the heat from the China-induced selloff -- luxury and German autos -- surprise outperformers on the day extending a trend seen over past few weeks *

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19 Aug 2015 15:52

BUZZ-European resource stocks hit 5-yr low as commodity rout continues

** Stoxx 600 Basic Resources index hits a five year low with commodities continuing to fall, Glencore off nearly 10 pct to record lows ** Thomson Reuters CRB Total Return down another 1.7 pct, hits lowest level since late 2003 as commodity exodus shows no signs of letting up ** Concer

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19 Aug 2015 10:27

WINNERS & LOSERS SUMMARY: Admiral And Hikma Up But Glencore Plunges

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17 Aug 2015 09:41

LONDON MARKET MID-MORNING: Merkel Considers A Little Greek Debt Relief

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13 Aug 2015 16:06

LONDON MARKET CLOSE: "Fed-Pleasing" US Data Trims China-Inspired Gains

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13 Aug 2015 14:04

FTSE 250 movers: Cineworld leads risers while Ophir tumbles

(ShareCast News) - London's FTSE 250 was up slightly by Thursday afternoon as the markets cooled after the People's Bank of China said it would stop fiddling with the yuan. The index was up by 0.65% at 17550.78 at 1407 BST. Leading the risers was Cineworld Group, which reported a revenue rise off s

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13 Aug 2015 11:07

LONDON MARKET MIDDAY: Soothing China Comments Lift Risk Appetite

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13 Aug 2015 10:30

WINNERS & LOSERS SUMMARY: TUI And Coca-Cola HBC Lead Blue Chips

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13 Aug 2015 10:21

TOP NEWS SUMMARY: China Devalues Yuan Again But Reassures Markets

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13 Aug 2015 09:57

UPDATE: Ophir Energy Says Well Positioned For Recovery In Oil Sector

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