Ophir Energy slides after disappointment offshore Gabon - Ophir - TopicsExpress

Ophir Energy slides after disappointment offshore Gabon - Ophir Energy (LON:OPHR) shares shed around 6% as the latest well result offshore Gabon disappointed. The Affanga Deep-1 well was drilled to a depth of 4,240 metres and found thinner than expected sandstone intervals which had poor reservoir characteristics. Gas and indications of liquids were encountered, but were not significant in the targeted formations. The rig is now moving on to drill the Okala prospect,... ow.ly/2Hbakk

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