Ophir Energy PLC (Tanzania)

Ophir Energy Plc is a holding company of a group of companies (the Group) with oil and gas exploration assets in a number of African locations. The Group's headquarters are located in London (England), with operational offices in Perth (Australia), Malabo (Equatorial Guinea) and Dar es Salaam/Mtwara (Tanzania). Since its foundation in 2004, the Company has acquired an extensive portfolio of exploration interests consisting of 17 projects in nine jurisdictions in Africa. According to the IHS Probe database (January 2010) Ophir had just under 60,000km2 of net deep water acreage in Africa. On 21 May 2019 Ophir Energy was acquired by Medco Energi Global PTE Ltd (Medco). The acquisition is strategically compelling and will generate short-term and long-term value opportunities.