Ophir Appoints New Head of Corporate Strategy

Africa-focused Ophir Energy announced Tuesday that it has appointed a new director of corporate strategy.

Dennis McShane, who previously served as a non-executive director of the Ophir from October 2007, has 25 years' experience working in the resources sector having been an investment banker with JPMorgan Chase, which included many years working across Africa.

Ophir also announced that Bill Schrader has been appointed as a non-executive director to its board. Schrader has more than 25 years' experience at BP, including as country head of Indonesia and Angola.

Ophir Chairman Nicholas Smith commented in a statement:

"We are very pleased to welcome Bill Schrader to Ophir's Board. His oil and gas operational experience in complex emerging markets will be invaluable to us. We are also delighted that Dennis McShane has agreed to move into an executive role. Dennis has been involved with the company's growth for over five years and brings his natural resources and strategic expertise to the team."

Ophir, the largest net acreage holder offshore East Africa, reported Feb. 7 that it had successfully completed an appraisal program at its Mzia field, Block 1 Tanzania.




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