UPDATE 2-Afren raises 104.9 mln stg via placing; sees H2 profit

* Says 129.5 mln shares priced at 81 pence each

* Says to use part of proceeds for acquisitions in Nigeria

* Does not see paying dividend in the foreseeable future

* Shares pare early losses, up 25 pence (Recasts throughout, adds pricing details, CEO quote)

By Aditi Samajpati

BANGALORE, Nov 10 (Reuters) - London-listed oil and gas company Afren Plc (AFRE.L) on Tuesday raised 104.9 million pounds ($174.9 million) from a share placing to fund projects and future acquisitions, and said it did not expect to pay any dividends in the foreseeable future.

The Africa-focused company said 129.5 million shares were priced at 81 pence apiece, a nearly 10 percent discount to its Monday closing price of 89.75 pence.

Afren, which had made losses since its incorporation and has not paid dividends, forecast a profit for the second half of the year, and said it was confident of meeting the consensus view for fiscal 2009.

Analysts on average expect the company to earn $57.93 million before taxes on revenue of $326.24 million in the full year, according to Thomson Reuters I/B/E/S.