Ophir Energy Plc (OPHR.L) Wednesday released the financial results for the year ended 31 December 2011, stating that loss for the year narrowed slightly from previous year, partially aided by the gain on farm out.
The company reported a loss from continuing operations of $19.07 million, or loss of $0.05 per share, slightly narrower than a net loss of $19.28 million. or $0.06 loss per share, reported for the previous year.
The company reported total revenue from continuing operations of $14.68 million, sharply higher than $533,000 reported for the previous year.
The revenue for the year included a gain on farm out of $13.84 million realized during the year.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.