Market Reaction: Positive for Ophir as the market will draw parallels with Ophir's FLNG project with Golar in Equatorial Guinea. This project is viewed as uncertain by some market participants and we are currently attaching a risk factor of 45%. As such, progress at Perenco FLNG is likely to be viewed as good news. We do not believe that both projects are fully comparable given the difference of maturity (the reservoir at Perenco field has been in production for years, suggesting very high ce
