OPHIR ENERGY PL/ADR (OTCMKTS:OPHRY – Get Free Report)’s share price shot up 5.7% during trading on Tuesday . The company traded as high as $1.48 and last traded at $1.48. 2,000 shares were traded during mid-day trading, a decline of 98% from the average session volume of 116,436 shares. The stock had previously closed at $1.40.
OPHIR ENERGY PL/ADR Price Performance
The firm’s 50-day moving average is $1.48 and its 200 day moving average is $1.48.
OPHIR ENERGY PL/ADR Company Profile
Ophir Energy plc was a United Kingdom-based independent oil and gas exploration and production company. The company focused on discovering, developing and producing hydrocarbons, with activities centered primarily on offshore assets and exploration projects in Africa and Southeast Asia.
Ophir’s portfolio historically included interests in Tanzania, Equatorial Guinea, Gabon and other international locations. Its operations involved seismic exploration, drilling, field appraisal and the development of oil and natural gas resources, often through partnerships and joint ventures with other energy companies.
In 2019, Ophir Energy was acquired by Indonesia-based MedcoEnergi International Tbk.
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