CEO Today United Kingdom Awards

91 www.ceotodaymagazine.com CEO Today United Kingdom Awards 2018 OIL & GAS TONY ROUSE CFO of Ophir Energy ABOUT TONY ROUSE Ophir Energy was founded in 2004 and was listed on the London Stock Exchange in 2011. Ophir’s strategy is to be a sustainable explorer, focused on delivering Net Asset Value (NAV) per share growth by finding resources at low cost and then monetising them in the way that maximises the value created. ‘Finding low’ is a combination of a number of factors: our commercial and sub- surface teams working together to access new acreage, the sub-surface team applying consistent and rigorous analysis of play, prospect and commercial risks, consistent portfolio high-grading, maintaining discretion over which prospects we drill and keeping costs under control. We will only allocate capital to the highest- quality prospects that offer the best potential risked returns, all whilst keeping cost under control. ‘Monetising smartly’ will maximise the value that we create on a NAV per share basis. In terms of our production assets, we can maximise the margin through reducing operating costs and smartly bringing contingent resource into production where they contribute cash. At times we will need to be commercially innovative in order to find ways of monetising contingent resource and we are building a track record in this area. Our Values Our Values form the foundation on which we perform and conduct ourselves at Ophir. The six Values set the standard for what is important to Ophir, acting as a compass to guide us as a company into what and who we want to be. The Values are fundamental to the way in which we operate and they set the tone and expectations from the Board down through the organisation as to how each of us must behave. Our six Values are: • Grounded down to earth, never arrogant • Integrity act in an honest and ethical way • Respect for people and our partners • Collaborative work in partnership • Dynamism positive, energised and innovative • Excellence in everything we do FIRM PROFILE Tony Rouse joined Ophir in October 2014. Tony has over 30 years’ experience in the Upstream Oil and Gas industry including 13 years of assignments in Europe, Africa, Asia and South America. Tony started his career with BP, before moving to LASMO plc, Premier Oil and most recently Salamander Energy where he was Group Financial Controller for 9 years. Tony is a Fellow of the Chartered Certified Accountants (FCCA).