African LNG core to Ophir’s new ‘high value’ strategy

Ophir Energy, an Africa- and Asia-focused independent that wants to remain a "big E, small p" company at heart, could nevertheless become a player of interest on the sub-Saharan African LNG scene over the next few years.

During an investor call last week, Chief Executive Nick Cooper said the company would focus only on developing assets that offer the highest rate of return, rather than chasing production or reserve targets. Most of those high-value plays are emerging in the African gas market.