Share Name Share Symbol Market Type Share ISIN Share Description
Sirius Pet LSE:SRSP London Ordinary Share GB00B03VVN93 ORD 0.25P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 0.50p 0.45p 0.55p 0.525p 0.50p 0.50p 8,364,541 14:05:35
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 0.0 -4.1 -0.3 - 10.44

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Date Time Title Posts
10/9/201611:30Is granitetim paid ? and if so by whom ?40
21/4/201613:56SIRIUS PETROLEUM2,482

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Trade Time Trade Price Trade Size Trade Value Trade Type
24/10/2016 16:08:110.51147,166750.40O
24/10/2016 16:01:340.47333,3331,566.67O
24/10/2016 14:47:560.4721,349100.34O
24/10/2016 14:40:130.47250,0001,168.75O
24/10/2016 14:13:280.51196,1161,000.00O
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Sirius Petroleum Daily Update: Sirius Pet is listed in the Oil & Gas Producers sector of the London Stock Exchange with ticker SRSP. The last closing price for Sirius Petroleum was 0.50p.
Sirius Pet has a 4 week average price of 0.45p and a 12 week average price of 0.41p.
The 1 year high share price is 0.55p while the 1 year low share price is currently 0.18p.
There are currently 2,088,029,523 shares in issue and the average daily traded volume is 10,513,405 shares. The market capitalisation of Sirius Pet is £10,440,147.62.
bronislav: We haven't seen that deeper data and that is frustrating ,however I feel sure the importance is that some entity or entities will have seen it ,IE the three multinationals.In truth they are the ones that need to see it and once it hits the public domain the share price will react.whatever the theories on what the future holds and as a board every scenario has been covered it's clear to me that the share price has been hugely manipulated,I suspect for good reason.Once the share price is let go and that requires the correct newsflow I believe we will be satisfied that the wait will have been worthwhile.I am hoping that newsflow starts in the next few weeks in the lead up to the AGM.The board are aligned with us in that they themselves need the share price to move significantly north to make their input worthwhile.
deadly nightshade: Dr Rosso you get the feeling its the next 3 months upto xmas or never for this. I am keeping everything crossed your theory's will play out you have put a lot of time and energy into this bb. Not sure what will happen to the share price in the next month or so, i wonder if it did happen to spike up will that be a hinderance to what we hope will play out here. I know folk on here have talked about a suspension if share price took off to quick and wonder what people's thoughts are on this? be a nice problem to have i suppose if share price did spike for once!!!
deadly nightshade: It was stated that CPR was needed to unlock funding so its just a case of seeing how far away we are from the next step. Was the CPR released because the next step is also ready to be revealed? are we a week away from next news or months away. One thing is for sure if news is not coming soon then surely share price will drift down again which could present another good top up chance. We need to see big buying volumes here, volume is king. Also if we keep seeing these large share sales that keep popping up and surpressing the share price happening then in my opinion news is not close as the people selling these shares will surely want to repurchase them back at low rates before possible lift off happens here. These large amounts of shares being sold are being used a pawn to keep this share price under wraps
htrocka2: minichris....the CPR was based on a two sand estimate.....the bod have said they're going down a further the CPR is pure estimates on two sands. from Pro-Active (dated June 2015)..(ps..note, srsp OWNS 40% of Ororo, another typo error?) After a period of radio silence Nigeria-focused Sirius Petroleum (LON:SRSP) looks ready to burst back into life. Those who have followed this AIM-listed oiler will know its major asset is OML 95, also known as the Ororo Licence. It is teamed up with local partners Owena Oil & Gas and Guarantee Petroleum and owns 40% of the asset. Ororo is estimated to contain a ‘recoverable’ 10mln barrels of light crude and sits in the shallow waters of the Niger Delta. Having initially sought debt financing to take Ororo into production, management, led by Bobo Kuti, appears to be close to finding a partner with pockets deep enough for a US$20mln, two well programme on the former Chevron field. A spokesman for Sirius confirmed: “We are in advanced discussions at the moment [over Ororo]. We are hoping to be able to achieve production by the end of this year, but more likely early next year.” The plan is to drill 200 metres offset from a hole sunk by Chevron in 1986, piercing the same sands that are productive for fields surrounding Ororo. There is also the potential to go deeper (not much deeper, perhaps 250 metres) to test a lower lying target that remained untapped originally but which neighbouring wells are now exploiting. There is much historic information that has been reinterpreted with the help of industry giant Schlumberger that to provide a compelling data set for prospective investors in the asset. The chances of success, meanwhile, should be reasonably high as Ororo has already flowed oil, albeit almost three decades ago. The initial rate is expected to be 2,600 barrels a day, which would provide some very tidy cash flow – it might also open up the other avenues, such as reserve-based lending, that could help finance full field development. Ororo is estimated by analysts to be able to produce 8-10,000 barrels a day comfortably for the next 14-15 years. It would seem the company has methodically pieced the jigsaw together, including finding an offtake partner in BTG Pactual, though it has taken a lot longer to get to this stage than probably was initially envisaged. A recent regulatory release reveals it has also signed a technical services agreement with a group called Havoc Partners, issuing 100mln warrants with a strike price of 2p in lieu of fees. The Havoc team was involved in two notable success stories in the E&P sector – Fusion Oil & Gas and Ophir Energy; the latter being one of the most successful explorers in West Africa. Principals Jon Taylor and Alan Stein bring to Sirius a wealth of technical and wider industry expertise. In fact it is understood the pair had been had been looking towards involvement in Nigeria while at Ophir – so Sirius is their option on this particular oil producing territory. Sirius’ immediate funding requirements, meanwhile, are being provided by a US$2.3mln (£1.5mln) convertible loan provided by a family investment office called Calvet International. When it goes into production, Ororo will be eligible for Pioneer Tax breaks, which will help bring to down the already low cost of production. The chatter on the grapevine is that the firm is chasing something a lot larger than Ororo – an offshore asset with around 100mln barrels of recoverable crude has been touted on the bulletin boards. Sirius wouldn’t comment on this. But if it succeeds with this larger transaction, the deal would make a mockery of its £12mln market capitalisation (based on a 0.882p share price). Of course Sirius and its local collaborators would have to joint-venture again. It might be that its Ororo partner fits the bill, or it may hold another beauty parade down the line. Either way, things finally seem to be fitting into place for Sirius. Ian Lyall Amazing...the above media item shoved the share price North by 31% to 0.88p(based on one extra well) yet when we finally get the confirmation and all systems go on three wells...the share price drops's a funny old world.
deadly nightshade: Positive's to me are 1) Still no AGM 2) who is buying in max ISA amounts? surely someone would have to have some sort of inside knowledge if they are laying out that sort of max ISA money your average PI would not invest in them sort of chunks would they? 3) As Dr R said, why is it that as soon as the share price shifts upwards there are always 500k sells on tap to bring the share price down?? 4) Graham lyon would only be here if there was some sort of end game in site, remember he has only been here a few months and if we are onto big assets then this will take a fair bit of time for GL to wrap up. Aim shares are a market makers paradise they can make fortunes by adjusting the share prices, and panicking share holders sell on fear. Remember its the end result that counts. But all being said i still do not get the urge here to add to my holding, my heart wants more shares but my head says no. Only time will tell here, but i still say this could go either way even though i am holding onto the positives i have listed above. I don't expect news soon either i have got a xmas deadline here and by then we should either have another jam tomorrow RNS or a positive out come here. Good luck all this is AIM.
deadly nightshade: granltim just shows you know nothing. 200 million shares is peanuts in the grand scheme of things. Dr Rosso is bang on the money with his rough prediction of 3 billion shares in total. As i pointed out the other week 88 ENERGY have nearly 4 Billion share and all they do is look for a bit of fracking oil the other month a couple of test results looked positive and their share price reached nearly 4p on that news. Compare that here if our assets are revealed then what price will our share price be if it comes out we will be producing large amounts and add on the gas too. If you do the sums Granltim then i am sure our share price will add up to more then 4p. I could not give a monkeys how many shares these directors get as long as they come up with the goods here for us pi's then all good. Granltim what is your beef here with srsp?
deadly nightshade: Just read the RNS i rekon MM'S could be dropping the share price to try and fill some big orders and scare pi's into selling. I am not worried about day to day small price movements. Once the news comes and the herd arrives the volumes will shift the share price. Untill we see daily 50 - 70 million volumes traded here thats when share price will jump. Just look at sound energy when the herd arrives on the back of good news the share price always rises. I hope the MM'S drop this down to 0.20p as i will take another grands worth off then with pleasure.
sherl0ck: How about this for a really off the wall idea. Further to the post on RBL, to attract a high amount of debt in a more challenging funding market, could you structure quite an unconventional deal such that not only is debt secured against the multiple asset reserves, but there's also an equity element that absolutely takes advantage of the unusually low Sirius share price and helps further mitigate lender risk. I.e. RBL lending consortium (perhaps BTG + mix of Nigerian & London financiers) offers £100m+ against assets following a comprehensive CPR that also takes account of the 'significant 2P reserves' of the block. This allows Sirius to simultaneously farm-into assets as well as accelerate initial field development at the lowest oil services prices in years. But as part of the deal the lenders also secure 1bn of new equity at a rock bottom price of 0.3p = just £3m outlay. However it's the low share price relative to the perceived higher value of those shares after news release and full asset disclosure that makes this attractive to the lenders. The large amount of low priced dilution would inevitably decelerate the pace of an expected rerate, but even if for illustrative purposes you take a conservative view of the share price moving to just 3p upon full disclosure (mcap being only circa £100m), the lender's 1bn of extra equity is then worth £30m. The high level of confidence in such a rerate also helps underpin the large amount of project funding relative to our current low mcap. The lenders then essentially become our Institutional Investors, which will be critical moving forwards in the longer term (in much the same way as Merlin helped secure key IIs/backers that would prove invaluable over the course of Ophir's development). The 2p warrants are also exercised, bringing in nearly £10m of valuable working capital if you combine this with the lender's £3m. The beauty in this off the wall idea is that the low current share price is wholly leveraged and essentially does a lot of the 'heavy lifting' to help secure Institutions a potentially highly valuable stake for a very minimal outlay (one day outweighing the level of project funding initially provided). We end up with 3bn+ shares prior to any potential consolidation, but for that we secure our asset pipeline and initial development funding. Almost overnight we become an E&P with valuable assets, development funding, new Directors and a supportive base of institutions to help us move forward. Before anyone mentions the obvious...yes of course I realise this is quite a fanciful and far-fetched idea. It probably shows exactly why I don't work in financing or O&G! It's the approach I'd take though.
sherl0ck: RNS 4/12/15 "The New Warrants, if exercised in full, will generate £3.7 million of additional cash for the Company and, given the lower exercise price, have a more immediate potential value to the Company." The share price of the last prior trading day (Thurs 3rd Dec) was 0.33p and for the period of a month prior to this announcement the share price had been within the 0.33 - 0.41p range. Accordingly during the period of warrant renegotiation the holders were comfortable accepting adjusted warrants that were still priced at a 500% premium. Without even the additional proposed Director/employee 2p warrants, the existing warrants if exercised represent nearly £6m, so the company has every incentive after initial project funding to help realise this. MTR is a good example of a company that issued warrants and options at a premium to the prevailing share price (2p when the share price was 1.18p, so 70% higher). But somewhat unusually the Chairman and other execs then started to exercise them when the share price was still 33% lower. Sure enough the market liked this positive move and the share price moved upwards. Combined with positive news-flow and lots more Director buys, the share price is currently 4.6p and £1m was raised this week via a 4.5p placing.
1sonic: Sirius Petroleum Plc 163.2% Potential Upside Indicated by Cantor Fitzgerald Posted by: Katherine Hargreaves 22nd April 2016 Sirius Petroleum Plc using EPIC/TICKER code LON:SRSP has had its stock rating noted as ‘Retains’; with the recommendation being set at ‘BUY’ this morning by analysts at Cantor Fitzgerald. Sirius Petroleum Plc are listed in the Oil & Gas sector within AIM. Cantor Fitzgerald have set their target price at 1 GBX on its stock. This would imply the analyst believes there is now a potential upside of 163.2% from today’s opening price of 0.38 GBX. Over the last 30 and 90 trading days the company share price has increased 0.053 points and increased 0.1405 points respectively. Sirius Petroleum Plc LON:SRSP has a 50 day moving average of .37 GBX and a 200 Day Moving Average share price is recorded at .45 GBX. The 1 year high for the stock price is 1.21 GBX while the year low share price is currently 0.18 GBX. There are currently 1,951,838,235 shares in issue with the average daily volume traded being 13,396,975. Market capitalisation for LON:SRSP is £6,441,066 GBP. Sirius Petroleum Plc is a United Kingdom-based independent oil development company. The Company’s principal activity is to acquire and develop offshore proven oil discoveries (marginal fields) in Nigeria. The Company is involved in oil extraction and related activities. The Company’s subsidiaries include Sirius Taglient Petro Limited, Sirius Trading Nigeria Limited, Sirius Ororo OML95 Limited, SRS Petroleum Nigeria Limited and Sirius 2012 Limited. The Company has not generated any revenues.
Sirius Petroleum share price data is direct from the London Stock Exchange
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