Ophir has an interest in 17 oil and gas projects in 9 different African jurisdictions. There is an active new ventures effort underway to acquire additional exploration and producing interests in Africa and beyond.
 
AGC (Sénégal/Guinéa Bissau Common Zone)*

Asset	Beneficial Interest	Area (km2 )	Operator	Status	Details
AGC Profond	83%	9,838	Yes	Awarded - 2nd Term	[ view ]

*Entreprise AGC SA have a beneficial interest of 12%, with an option to increase such beneficial interest by a maximum of 5%.
*Rocksource AGC (Profond) AS currently has an interest of 5% in the PSC. Rocksource will make a contribution to the first well costs which will allow the company to earn a further 10% equity. Contribution to the costs of a second well will allow them to earn a further additional 10% equity.

Congo (Brazzaville)

Asset	Beneficial Interest	Area (km2 )	Operator	Status	Details
Mbeli	100%	3,384	Yes	Awarded - 2nd Term	[ view ]
Ntsina	100%	3,299	Yes	Awarded - 2nd Term	[ view ]
Manga	100%	3,455	Yes	Awarded - 2nd Term	[ view ]
Gnondo	100%	2,574	Yes	Awarded - 2nd Term	[ view ]

#The Gabonese Government has the option to participate in the Petroleum Operations though a 10% participating interest in Mbeli, Ntsina and Gnondo; and a 15% participating interest in Manga. 

Madagascar
 

Asset	Beneficial Interest	Area (km2 )	Operator	Status	Details
Marovoay	80%	12,290	Yes	Awarded - 1st Term	[ view ]

Nigeria - São Tomé/Principe Joint Development Zone (JDZ)
 

Asset	Beneficial Interest	Area (km2 )	Operator	Status	Details
Block 3	4%	666	No	Awarded - 1st Term	[ view ]

Saharawi Arab Democratic Republic (SADR)^

Asset	Beneficial Interest	Area (km2 )	Operator	Status	Details
Daora	50%	17,540	Yes	Awarded Pre 1st Term	[ view ]
Haouza	50%	17,277	Yes	Awarded Pre 1st Term	[ view ]
Mahbes	50%	16,338	Yes	Awarded Pre 1st Term	[ view ]
Mijek	50%	23,172	Yes	Awarded Pre 1st Term	[ view ]

^Title remains subject to the approval of a UN Resolution granting the SADR international recognition as an independent and sovereign state.

Somaliland*

Asset	Beneficial Interest	Area (km2 )	Operator	Status	Details
Berbera M10A and 35	75%	16,270	Yes	Awarded 2nd Exploration Period	[ view ]

*Ophir’s assets in Somaliland were granted by the Government of Somaliland, which has not yet been recognised as a sovereign state by the United Nations.
*Ras Al Khaimah Gas Company (RAKgas) has an interest of 22.5% in the permit.
The Government of Somaliland has a 2.5% equity in the permit.

Tanzania*

*The Tanzanian Government has the option to participate in the Petroleum Operations though a 12% participating interest (Block 1) and 15% participating interest (Blocks 3 and 4) with equity to be taken proportionately from each of BG and Ophir equity.
*Subject to the completion of certain earning obligations, BG International Limited has acquired a 60% interest in each of the permits. Ophir will act as Operator until completion of the first three exploration wells and the acquisition of a further 3D seismic survey.