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
Afren Plc announces a number of changes to its Board of Directors. Mr Egbert Imomoh, Chairman of the Board of Directors, and each of the non-executive directors, being Mr Toby Hayward, Mr Patrick Obath, Ms Sheree Bryant and Mr Iain McLaren have notified the Company that they will not stand for re-e... Thursday, June 25, 2015
Oil price Last week the oil price fell a little, WTI was down 35 cents while Brent lost 85 cents amid various worries primarily led by substantial stock positions. Although the US inventory figures showed a continued draw, worldwide tankers are fully loaded and with deadline day in the Iran talks o... Monday, June 22, 2015
Afren Plc announces that Mr. Darra Comyn has given notice of his resignation as Group Finance Director of Afren. The Company also announces that David Thomas has been appointed to the position of Chief Operating Officer of Afren with effect from 8th June 2015. Resignation of Executive Director: Fo... Monday, June 15, 2015
Oil price The rally in the oil price was impressive yesterday and continued overnight and in London this morning. Whilst there were a number of bullish factors at work such as the API stats (albeit they came after the US close) and the strong dollar it was also very much the case of believing what ... Wednesday, June 10, 2015
All 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