19 April 2024
Ophir switches into H1 profit reversing same period losses last year
Publication date: 14 August 2014
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Ophir Energy on Thursday reported a net profit after tax of $339.1 million in its interim six month results, reversing its post-tax net loss of $245.8 million reported for 2013. The UK-based company, with principal exploratory and LNG commitments across Africa, reported net cash, cash equivalents and short-term investments of $1.49 billion.