Afren is an independent oil and gas exploration and production company listed on the Main Board of the London Stock Exchange.
Focused on Africa – Afren has operations in several African countries encompassing the full-cycle E&P value chain of production, development, appraisal and exploration. Today, Africa is the fastest-growing source of natural resources and a major supplier to the world’s leading markets.
Afren holds a unique position on this continent and not only has close relationships with indigenous companies and suppliers – but also a strong African representation on the Board and management teams. Afren firmly adheres to a strong ethical policy that channels significant resources back into local economies.
Latest Afren PLC News
Oil price With the dollar running out of steam and the stock data providing a welcome pick-me-up, the oil price rallied after a down, if short week. Having been well over a buck down mid-session the rally left both crudes up on the day although notice the differential is still below $5. Those EIA s... Friday, May 29, 2015
Afren plc announces that Mr Peter Bingham and Mr John St John will resign as Non-Executive Directors of Afren with effect from the close of the Company's 2015 Annual General Meeting scheduled for Wednesday 25 June 2015. Peter Bingham, who has served as a Director of the Company since May 2005, and ... Monday, May 18, 2015
Oil price It has been a busy fortnight, almost entirely away from my desk but all the time visiting companies and seeing their operations. Today is really a summing up blog as I try to cover as much as possible that has gone on while I've been away, if I have missed something get in touch and I wil... Friday, May 15, 2015
Oil price The oil market was quiet yesterday and is much the same this morning. The strong dollar hasn't helped and further downward pressure is evident from the forecast increase in crude oil stocks when the agencies report tonight and tomorrow, consensus is for a further build of around 2m barrel... Tuesday, May 5, 2015
All Afren PLC News
The Board of Afren plc announces its results for the year ended 31 December 2014 Net production excluding Barda Rash of 31,819 bopd, slightly below the full year guidance range of between 32,000-36,000 bopd. Year-on-year reduction of 32% due to cost recovery at Ebok and delays with bringing new well... Friday, May 1, 2015