Ophir announces fund raising

African energy firm Ophir said it wants to raise up to 7.6 million pounds to help finance its expanding drilling programme.

African energy firm Ophir said it wants to raise up to 7.6 million pounds to help finance its expanding drilling programme.

The firm said it would offer up to 30.5m new ordinary shares of 0.25 pence each, which help it to maintain its equity position in its successful Tanzania sites.

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