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Ophir Energy says looking at range of equity investors for Fortuna project

Mon, 06th Jun 2016 16:24

CAPE TOWN, June 6 (Reuters) - Oil and gas explorer OphirEnergy Plc said on Monday it was talking to a range ofequity investors, as well as gas buyers to help finance itsFortuna FLNG project in Equatorial Guinea, after Schlumberger walked away.

"We've done all the work in a very difficult environment todeliver a very investable project, (including) bringing down thecapital costs of first gas by half to what they were 12 monthsago, to $450 million, which is huge," said Bill Higgs, Ophir'schief operating officer. (Reporting by Wendell Roelf; Editing by Ed Stoddard)

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