Sirius Petroleum Share Chat (SRSP)

Find Your Broker

Share Name	Share Symbol	Market	Type	Share ISIN	Share Description
Sirius Petroleum	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
	+0.01p	+1.74%	0.585p	0.57p	0.60p	0.585p	0.575p	0.575p	7,224,045	13:13:03

Industry Sector	Turnover (m)	Profit (m)	EPS - Basic	PE Ratio	Market Cap (m)
Oil & Gas Producers	0.0	-2.3	-0.1	-	20.80

Sirius Petroleum Share Discussion Threads

Showing 95151 to 95174 of 95175 messages

Chat Pages: 3807 3806 3805 3804 3803 3802 3801 3800 3799 3798 3797 3796 Older

Date	Subject	Author	Discuss
18/1/2019 23:02	Yes drr, I'm working one it!	vatnabrekk	Read Full Thread Reply
18/1/2019 22:44	Let's sat 45 days to drill Ororo.. the current licence stipulates 'production', therefore compliance would require a February spud date to be on the safe side. from the AD 'The Group’s current licence to the Ororo Field has already been extended on a number of occasions and the latest renewal letter states that the current extension is the last extension of the licence to bring the Ororo Field to production..'	htrocka2	Read Full Thread Reply
18/1/2019 22:07	Vatnabrekk. The chevron well ororo1.	lotusflower	Read Full Thread Reply
18/1/2019 21:27	You’d best find us a couple of tugs, then Vatna!	drrichard	Read Full Thread Reply
18/1/2019 21:09	Lotusflower: "BP offtake agreement RNS states commencement of oil from the ORORO field." Yes, that's one of the reasons that I have been saying that SRSP must drill Ororo in order to unlock everything else. And also, in order to get a refund of money already spent, and to get title to their 40% of Ororo that is currently held in trust, they have to produce oil from Ororo.	vatnabrekk	Read Full Thread Reply
18/1/2019 21:04	The plot thickens!	vatnabrekk	Read Full Thread Reply
18/1/2019 20:51	Is it coincidence that NDEP`s 227 partner, Express Petroleum also produces significant oil, targeting 50k bopd from the Ukpokiti Field in nearby block 108 .... and they send it through to the same FPSO, Trinity Spirit. HTTP://www.sepcol.org/index.php/about/oml-108 Keep an eye on this. How on earth can they be expecting to reach 50k bopd by the end of this year without substantial incoming funds?	dr rosso	Read Full Thread Reply
18/1/2019 20:41	First ten million can be drawndown on commencement of production. Nor do we have to meet the initial flow rates from the chevron well. (A re-entry of ororo1could qualify depending on flow rates) BP offtake agreement RNS states commencement of oil from the ORORO field.	lotusflower	Read Full Thread Reply
18/1/2019 20:29	The BP prepayment only kicks in upon meeting certain targets - including 500k barrels at the terminal (now FPSO) & >2500 bopd production. If we assume an initial 2500 from O-2 alone then it will take 200 days to reach the 500k. There’s nothing in the AD that specifies the crude at the terminal has to be ‘Ororo oil’, so Ejulebe also flowing helps - plus higher daily O-2 figures & O-3 oil obviously make a big difference. We can sell oil elsewhere until BP kicks in but if we imagine a min individual lifting of say 100k from the FPSO, that’s still 40 days at 2500/day... and it’s difficult to build up your 500k if you keep emptying the storage tanks. Other intermediate offtakers also might not provide a prepayment facility and so there could be a delay on receipt of revenues. The BP prepayment will be great as soon it’s applicable but until then we’ll probably need access to additional funding lines like Barak etc. It’s definitely in our interest to get multiple assets flowing.	sherl0ck	Read Full Thread Reply
18/1/2019 20:12	"Production eliminates the need for a drawdown agreement.." LF that was the point I was trying to make when the RNS came out. IF the well is spudded before the end of Feb, add on 45 days for drill, will take us into the second week of March - Add on another month for administration time, will take us into the second week in April when we should get the BP offtake monies. Why the need to borrow tranches of 500k when you have 10mill in the bank. And a stream of revenue coming off Ororo.	1alfi	Read Full Thread Reply
18/1/2019 19:30	GM certainly not needed for a loan drawdown,who are they trying to kid? Nor to issue extra shares because a further 1.7bn were authorised for issue at the last agm. On the other hand, GM would be needed for shareholders to approve an asset sell-off package, which is what everything is geared towards. 70 trading days from 15 Jan = 14 weeks to sell off. By George.	dr rosso	Read Full Thread Reply
18/1/2019 17:53	Adriatic drilling Ororo will not be about Sirius producing. Production eliminates the need for a drawdown agreement.. A GM not needed for first £1.75million,why then for other tranches. GM for other more important matters. LOG drawdown facility,specifically for going in on assets. COSL force readied for a five year work program. Adriatic to concentrate on Ororo.(The key to unlock it all).	lotusflower	Read Full Thread Reply
18/1/2019 16:59	Looks like oil is on the way up again.	6cer	Read Full Thread Reply
18/1/2019 16:15	Good but we need a hell of a lot more blue days to see value return here, let's hope we see more news over the next couple of weeks.	aventador	Read Full Thread Reply
18/1/2019 15:29	whats with he 3 trades of 850000 at the same time	twodegrees	Read Full Thread Reply
18/1/2019 15:19	0.6 just paid. Any more buying and we might see a tick up again	drrichard	Read Full Thread Reply
18/1/2019 15:07	spread is as tight as it has been for weeks...Are the market makers short of stock...	twodegrees	Read Full Thread Reply
18/1/2019 13:46	50p would cover it and all the agg	xerot	Read Full Thread Reply
18/1/2019 12:32	LF - would the bod be happy with 5p after all the time and effort they have put into this.	1alfi	Read Full Thread Reply
18/1/2019 12:27	Bum, COSL FARCE, I like it! 😄	vatnabrekk	Read Full Thread Reply
18/1/2019 12:26	5pence would suit me. Long-termers looking for much higher.	lotusflower	Read Full Thread Reply
18/1/2019 12:21	Not a clue LF, would be dependent on number of assets and related cpr's I guess.	1alfi	Read Full Thread Reply
18/1/2019 12:16	Adriatic drilling,how can we be sure. The knackered force has just had a five year recert. Drilling ororo would have meant the company could be self financing. How much for Alf.	lotusflower	Read Full Thread Reply
18/1/2019 12:16	Assets, finance packages, cpr's, and infrastructure, put it all together in one neat little bundle and then sell it off.	1alfi	Read Full Thread Reply

Chat Pages: 3807 3806 3805 3804 3803 3802 3801 3800 3799 3798 3797 3796 Older

Your Recent History

LSE

SRSP

Sirius Pet..

Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.