29 March 2024
Part-divestment of Tanzanian blocks helps swing Ophir back into profit
Publication date: 20 March 2015
Gas Strategies Group
10 Saint Bride Street
London UK
EC4A 4AD
ISSN: 0964-8496
Twitter @GasStrategies
Editorials
Subscriptions
London-listed Ophir Energy this week reported a net profit of USD 294.4 million for 2014, up signficantly from a 307.6 million loss a year earlier, citing its divestment of a 20% stake in Tanzanian blocks 1, 3 and 4 to Pavilion Energy as a significant factor in its improved figures.