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Afren

News & Media

Appointment of Director of Operations for Afren Cote d'Ivoire

2/10/2008


London, 2 October 2008 - Afren plc ("Afren" or the “Company”) announces that Jack M. McFarland has been appointed as Director of Operations for Afren Cote d’Ivoire.

Interim Results

30/9/2008


Afren plc ("Afren" or the “Company") (AIM: AFR), the premier pan-African independent oil and gas company, announces its interim results for the six months ended 30 June 2008 and an operational update to 29 September 2008.

Ebok Field Requisite Approvals Received and Forward Drilling Programme Confirmed

29/9/2008


London, 29 September 2008 - Afren plc ("Afren" or the “Company”) announces that the requisite approvals on the assignment and development of the Ebok field (“Ebok”), located offshore South East Nigeria, have been received and the forward drilling programme confirmed.  

Completion of Acquisition in Cote d'Ivoire

25/9/2008


London, 25 September 2008 - Afren plc ("Afren" or the “Company”) is pleased to announce that it has completed the acquisition of Devon Energy Corporation's interests in Cote d'Ivoire and Afren has received full Government and regulatory approvals.

Appointment of Morgan Stanley as Joint Corporate Broker

23/9/2008


London, 23 September 2008 - The Board of Afren plc is pleased to announce the appointment of Morgan Stanley as Joint Corporate Broker, effective immediately.

Memorandum of Understanding with Electricite De France and Gasol plc

23/9/2008


Afren plc (“Afren” or the “Company”) is pleased to announce that it has signed a Memorandum of Understanding (“MoU”) with Electricite de France (“EDF”) and Gasol plc (“Gasol”) to examine establishing a gas aggregation joint venture to identify and develop onshore and offshore stranded gas assets in certain identified West African countries.

Drilling Update - Gabon

1/8/2008


London, 1 August 2008 - Afren plc (“Afren”) notes the following announcement from Sterling Energy Plc.

Early Conversion of Convertible Bonds

25/7/2008


London, 25 July 2008 - Afren plc ("Afren" or the “Company”) today announces the result of the Conversion Premium Offer (the “Offer”) for its 9% 2011 Convertible Bonds (the “Bonds”).

Directors' Holdings

24/7/2008


The Company was notified on 23 July 2008 that on the same day Egbert Imomoh purchased 108,073 ordinary shares of 1p each in the Company (“Ordinary Shares”) at 115 pence per Ordinary Share.  

Directors' Holdings

18/7/2008


The Company was notified on 17 July 2008 that on 16 July 2008 Osman Shahenshah  purchased 500,000 ordinary shares of 1p each in the Company (“Ordinary Shares”) at 138.6 pence per Ordinary Share and on 17 July 2008 he purchased 37,000 Ordinary Shares at 136.8 pence per Ordinary Share.

Notice to Convertible Bond Holders

17/7/2008


London, 17 July 2008 - Afren plc ("Afren" or the “Company”) is today sending a notice to holders relating to the 9% 2011 Convertible Bonds (the “Bonds”).  

New Management Appointments

2/7/2008


London, 2 July 2008 - Afren plc ("Afren" or the “Company”) announces the addition of an international technical team from Randall & Dewey and new management appointments.

AGM Statement

12/6/2008


The following statement will be made by Dr Rilwanu Lukman, KBE, Legion d'Honneur, Chairman of Afren, at today’s Annual General Meeting of the Company.

Afren announces First Oil from the Okoro Setu Project

10/6/2008


London, 10 June 2008 - Afren plc ("Afren" or the “Company”) and its partner Amni International Petroleum Development Company ("AMNI") are pleased to announce First Oil from the flagship Okoro Setu Project, located in OML 112, in shallow water offshore Nigeria.

Afren hosts The Rt. Hon The Lord Mayor of the City of London on his visit to Nigeria

29/5/2008


A speech delivered by Galib Virani at a reception hosted by Afren in honour of the visit of The Rt. Hon The Lord Mayor of the City of London to Nigeria on Thursday 29 May 2008 in Ikoyi Lagos.

Notice of Annual General Meeting

14/5/2008


The Board of Afren plc gives notice that the Annual General Meeting will be held on Thursday 12 June 2008 at the offices of Pelham Public Relations, No 1 Cornhill, London EC3V 3ND at 11.00 am.   The Notice of the Annual General Meeting and 2007 Annual Report and Accounts were posted to shareholders on 13 May 2008.

Block Admission

21/4/2008


Afren Plc (“Afren” or the “Company”) announces that an application has been made for the admission to trading on AIM of the block admission of 10,000,000 ordinary shares of 1p each in the Company ('Ordinary Shares'), which may be allotted and issued in due course in relation to the vesting of options granted under the rules of Afren’s 2005 and 2008 share schemes.

Results of Extraordinary General Meeting

14/4/2008


London, 14 April 2008 - The Board of Afren plc is pleased to announce that the resolutions proposed at the Company’s EGM held today were duly passed by shareholders.

Result of Placing - GBP118.75 million Raised

3/4/2008


Afren plc ("Afren" or the "Company") announces that it has raised GBP118.75 million before commissions and expenses by the placing completed today of 95 million new ordinary shares of 1 pence each in the capital of the Company (the "Placing Shares") with institutional investors at 125 pence per share (the "Placing"). Merrill Lynch International (“Merrill Lynch”) is acting as sole bookrunner and Jefferies International Limited (“Jefferies”) is acting as a co-lead manager, in relation to the Placing.

Proposed Placing of Approximately 95 million New Ordinary Shares

3/4/2008


Afren plc ("Afren" or the "Company") announces today its intention to place approximately 95 million new Ordinary Shares, representing approximately 35 per cent. of Afren's issued ordinary share capital immediately prior to the Placing, with both new and existing institutional investors (the "Placing Shares").

Afren enters into a Farm-In Agreement with Oriental Energy Resources for the development of the Ebok Field, offshore Nigeria

1/4/2008


Afren plc ("Afren" or the “Company”) announces that it has entered into a farm-in agreement with Oriental Energy Resources Limited (“Oriental”) for the development of the Ebok Field, located offshore South East Nigeria

Appointment of Merrill Lynch International

1/4/2008


London, 1 April 2008 - The Board of Afren plc is pleased to announce the appointment of Merrill Lynch International as Joint Corporate Broker, effective immediately.  

Afren 2007 Preliminary Results

28/3/2008


Afren plc ("Afren" or "the Company"), the African independent oil and gas exploration and production company, announces its preliminary results for the year ended 31 December 2007

Notice of Extraordinary General Meeting

20/3/2008


London, 20 March 2008 - The Board of Afren plc gives notice that an Extraordinary General Meeting (“EGM”) of the Company will be held at the offices of Kirkpatrick & Lockhart Preston Gates Ellis LLP, 110 Cannon Street, London EC4N 6AR  on Monday 14th April 2008 at 11am.

Strategic Acquisition of Devon Energy's interests in Cote d'Ivoire

6/3/2008


London, 6 March 2008 - Afren plc ("Afren" or the “Company”) is pleased to announce that it has entered into an agreement with Devon Energy Corporation (“Devon”) to acquire its interests in Cote d'Ivoire, comprising a 47.96% working interest and operatorship of the producing Block CI-11, a direct 65% interest and operatorship with rights over an additional 15% interest in the undeveloped Block CI-01 and a 100% interest in the onshore Lion Gas Plant (“LGP”), effective 30th June 2007.

Afren signs Production Sharing Contracts for two licences in the gas rich Anambra Basin in Nigeria

3/3/2008


London, 3 March 2008 - Afren plc ("Afren" or “the Company”) announces that, as part of its strategy to aggregate and commercialise stranded gas assets in Nigeria, the Company has signed Production Sharing Contracts (“PSC”) for OPL 917 and OPL 907, within the Anambra basin, onshore Nigeria.

Afren enters into a co-operation agreement with E.ON Ruhrgas AG and African LNG Holdings Limited

22/1/2008


London, 22 January 2008 - Afren plc ("Afren" or “the Company”) announces that it has entered into a co-operation agreement with E.ON Ruhrgas AG and African LNG Holdings Limited.  

Gabon Drilling Update

14/1/2008


London, 14 January 2008 - Afren plc ("Afren" or “the Company”) notes the announcement from Sterling Energy Plc in relation to recent drilling of the THAM-1 well on the Themis Marin permit, offshore Gabon.