Sirius Petroleum Share Discussion Threads

[oilbuy] 19/10/2015 09:02

AIM is sentiment and news driven. Looks like we might have both here !

[jenny tulwought] 19/10/2015 08:49

Enjoying your enthusiasm Cammy3! Any particuyalar rationale behind it?

(I'm not being sarcastic - just interested - and I won't bite if it doesn't come to pass) x

[solarno lopez] 19/10/2015 08:33

Typical Monday morning

[cammy3] 19/10/2015 08:25

Gonna tick up again. A nice consolidation above 0.6 ahead of news

[oilbuy] 19/10/2015 08:14

1p is 5/6k a million. Nice money to be made here !

[cammy3] 19/10/2015 08:12

Yes - thanks Oilbuy. Sub penny stock will be history v shortly. Maybe even this week

[oilbuy] 19/10/2015 08:08

Super volumeTimed your top up well cammy3

[cammy3] 19/10/2015 08:08

Hopefully through 0.6 ahead of this weeks news before re rate

[oilbuy] 19/10/2015 08:04

Good start

[cammy3] 19/10/2015 07:58

Massive week coming

[mclala] 19/10/2015 00:13

Yes, they are.

[thundercat1] 18/10/2015 21:42

Sirius Petroleum aims to be in production by the end of the yearShare 2015There are stirrings of life at Sirius Petroleum, which owns the Ororo licence in the Niger Delta.Sirius Petroleum aims to be in production by the end of the yearSirius is hoping to be in production by the end of the year.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.

[thundercat1] 18/10/2015 21:33

rl0ck - 17 Oct 2015 - 07:39 - 37999 of 38019 - 8The evidence that we're finally on the cusp:* Guarantee Petroleum dispute u-turn* AGM resolutions to significantly dilute and get shares into the right hands (Calvet / Greenlands etc)* Director / Employee warrants approved for the very first time* DPR approval formally being sought* Bobo doing PR for the very 1st time* FD leaves, is paid off in shares and no replacement is sought* Havoc sign up to a definitive agreement* Bobo talking in past tense - "it's taken a long time" etc...* two former directors opting to now take shares in lieu of their owed salary (equivalent of 2p/share)* mention of the block and 'significant 2P resources' in May 15 after a near two year absence (can now always point back to this warning when news finally breaks)* mention of JV deal talks with at least 2 African-centric partiesSherl0ck - 17 Oct 2015 - 07:39 - 37999 of 38019 - 8The evidence that we're finally on the cusp:* Guarantee Petroleum dispute u-turn* AGM resolutions to significantly dilute and get shares into the right hands (Calvet / Greenlands etc)* Director / Employee warrants approved for the very first time* DPR approval formally being sought* Bobo doing PR for the very 1st time* FD leaves, is paid off in shares and no replacement is sought* Havoc sign up to a definitive agreement* Bobo talking in past tense - "it's taken a long time" etc...* two former directors opting to now take shares in lieu of their owed salary (equivalent of 2p/share)* mention of the block and 'significant 2P resources' in May 15 after a near two year absence (can now always point back to this warning when news finally breaks)* mention of JV deal talks with at least 2 African-centric partiesSherl0ck - 17 Oct 2015 - 07:39 - 37999 of 38019 - 8The evidence that we're finally on the cusp:* Guarantee Petroleum dispute u-turn* AGM resolutions to significantly dilute and get shares into the right hands (Calvet / Greenlands etc)* Director / Employee warrants approved for the very first time* DPR approval formally being sought* Bobo doing PR for the very 1st time* FD leaves, is paid off in shares and no replacement is sought* Havoc sign up to a definitive agreement* Bobo talking in past tense - "it's taken a long time" etc...* two former directors opting to now take shares in lieu of their owed salary (equivalent of 2p/share)* mention of the block and 'significant 2P resources' in May 15 after a near two year absence (can now always point back to this warning when news finally breaks)* mention of JV deal talks with at least 2 African-centric partiesSherl0ck - 17 Oct 2015 - 07:39 - 37999 of 38019 - 8The evidence that we're finally on the cusp:* Guarantee Petroleum dispute u-turn* AGM resolutions to significantly dilute and get shares into the right hands (Calvet / Greenlands etc)* Director / Employee warrants approved for the very first time* DPR approval formally being sought* Bobo doing PR for the very 1st time* FD leaves, is paid off in shares and no replacement is sought* Havoc sign up to a definitive agreement* Bobo talking in past tense - "it's taken a long time" etc...* two former directors opting to now take shares in lieu of their owed salary (equivalent of 2p/share)* mention of the block and 'significant 2P resources' in May 15 after a near two year absence (can now always point back to this warning when news finally breaks)* mention of JV deal talks with at least 2 African-centric partiesSherl0ck - 17 Oct 2015 - 07:39 - 37999 of 38019 - 8The evidence that we're finally on the cusp:* Guarantee Petroleum dispute u-turn* AGM resolutions to significantly dilute and get shares into the right hands (Calvet / Greenlands etc)* Director / Employee warrants approved for the very first time* DPR approval formally being sought* Bobo doing PR for the very 1st time* FD leaves, is paid off in shares and no replacement is sought* Havoc sign up to a definitive agreement* Bobo talking in past tense - "it's taken a long time" etc...* two former directors opting to now take shares in lieu of their owed salary (equivalent of 2p/share)* mention of the block and 'significant 2P resources' in May 15 after a near two year absence (can now always point back to this warning when news finally breaks)* mention of JV deal talks with at least 2 African-centric partiesHere's to a positive week guys :)))

[thundercat1] 18/10/2015 21:33

rl0ck - 17 Oct 2015 - 07:39 - 37999 of 38019 - 8The evidence that we're finally on the cusp:* Guarantee Petroleum dispute u-turn* AGM resolutions to significantly dilute and get shares into the right hands (Calvet / Greenlands etc)* Director / Employee warrants approved for the very first time* DPR approval formally being sought* Bobo doing PR for the very 1st time* FD leaves, is paid off in shares and no replacement is sought* Havoc sign up to a definitive agreement* Bobo talking in past tense - "it's taken a long time" etc...* two former directors opting to now take shares in lieu of their owed salary (equivalent of 2p/share)* mention of the block and 'significant 2P resources' in May 15 after a near two year absence (can now always point back to this warning when news finally breaks)* mention of JV deal talks with at least 2 African-centric partiesSherl0ck - 17 Oct 2015 - 07:39 - 37999 of 38019 - 8The evidence that we're finally on the cusp:* Guarantee Petroleum dispute u-turn* AGM resolutions to significantly dilute and get shares into the right hands (Calvet / Greenlands etc)* Director / Employee warrants approved for the very first time* DPR approval formally being sought* Bobo doing PR for the very 1st time* FD leaves, is paid off in shares and no replacement is sought* Havoc sign up to a definitive agreement* Bobo talking in past tense - "it's taken a long time" etc...* two former directors opting to now take shares in lieu of their owed salary (equivalent of 2p/share)* mention of the block and 'significant 2P resources' in May 15 after a near two year absence (can now always point back to this warning when news finally breaks)* mention of JV deal talks with at least 2 African-centric partiesSherl0ck - 17 Oct 2015 - 07:39 - 37999 of 38019 - 8The evidence that we're finally on the cusp:* Guarantee Petroleum dispute u-turn* AGM resolutions to significantly dilute and get shares into the right hands (Calvet / Greenlands etc)* Director / Employee warrants approved for the very first time* DPR approval formally being sought* Bobo doing PR for the very 1st time* FD leaves, is paid off in shares and no replacement is sought* Havoc sign up to a definitive agreement* Bobo talking in past tense - "it's taken a long time" etc...* two former directors opting to now take shares in lieu of their owed salary (equivalent of 2p/share)* mention of the block and 'significant 2P resources' in May 15 after a near two year absence (can now always point back to this warning when news finally breaks)* mention of JV deal talks with at least 2 African-centric partiesSherl0ck - 17 Oct 2015 - 07:39 - 37999 of 38019 - 8The evidence that we're finally on the cusp:* Guarantee Petroleum dispute u-turn* AGM resolutions to significantly dilute and get shares into the right hands (Calvet / Greenlands etc)* Director / Employee warrants approved for the very first time* DPR approval formally being sought* Bobo doing PR for the very 1st time* FD leaves, is paid off in shares and no replacement is sought* Havoc sign up to a definitive agreement* Bobo talking in past tense - "it's taken a long time" etc...* two former directors opting to now take shares in lieu of their owed salary (equivalent of 2p/share)* mention of the block and 'significant 2P resources' in May 15 after a near two year absence (can now always point back to this warning when news finally breaks)* mention of JV deal talks with at least 2 African-centric partiesSherl0ck - 17 Oct 2015 - 07:39 - 37999 of 38019 - 8The evidence that we're finally on the cusp:* Guarantee Petroleum dispute u-turn* AGM resolutions to significantly dilute and get shares into the right hands (Calvet / Greenlands etc)* Director / Employee warrants approved for the very first time* DPR approval formally being sought* Bobo doing PR for the very 1st time* FD leaves, is paid off in shares and no replacement is sought* Havoc sign up to a definitive agreement* Bobo talking in past tense - "it's taken a long time" etc...* two former directors opting to now take shares in lieu of their owed salary (equivalent of 2p/share)* mention of the block and 'significant 2P resources' in May 15 after a near two year absence (can now always point back to this warning when news finally breaks)* mention of JV deal talks with at least 2 African-centric partiesHere's to a positive week guys :)))

[thundercat1] 18/10/2015 21:27

Ryonislav - 17 Oct 2015 - 14:02 - 38016 of 38021 - 0I'm sure it will come good tooDon't need this BB to take comfort in thatIn fact I'm resigning from itIT IS BORINGSAME OLD POSTS REHASHED OVER AND OVERSome interesting points and factsOn the whole not worth itGOOD BYE ALL and good luckAll will come good soonTake careThought you was resigning? your worse than Jim Duggan!

[ryonislav] 18/10/2015 21:20

Change the fxxcking record mate

[thundercat1] 18/10/2015 21:04

Sherl0ck - 17 Oct 2015 - 07:39 - 37999 of 38019 - 8The evidence that we're finally on the cusp:* Guarantee Petroleum dispute u-turn* AGM resolutions to significantly dilute and get shares into the right hands (Calvet / Greenlands etc)* Director / Employee warrants approved for the very first time* DPR approval formally being sought* Bobo doing PR for the very 1st time* FD leaves, is paid off in shares and no replacement is sought* Havoc sign up to a definitive agreement* Bobo talking in past tense - "it's taken a long time" etc...* two former directors opting to now take shares in lieu of their owed salary (equivalent of 2p/share)* mention of the block and 'significant 2P resources' in May 15 after a near two year absence (can now always point back to this warning when news finally breaks)* mention of JV deal talks with at least 2 African-centric partiesSherl0ck - 17 Oct 2015 - 07:39 - 37999 of 38019 - 8The evidence that we're finally on the cusp:* Guarantee Petroleum dispute u-turn* AGM resolutions to significantly dilute and get shares into the right hands (Calvet / Greenlands etc)* Director / Employee warrants approved for the very first time* DPR approval formally being sought* Bobo doing PR for the very 1st time* FD leaves, is paid off in shares and no replacement is sought* Havoc sign up to a definitive agreement* Bobo talking in past tense - "it's taken a long time" etc...* two former directors opting to now take shares in lieu of their owed salary (equivalent of 2p/share)* mention of the block and 'significant 2P resources' in May 15 after a near two year absence (can now always point back to this warning when news finally breaks)* mention of JV deal talks with at least 2 African-centric partiesSherl0ck - 17 Oct 2015 - 07:39 - 37999 of 38019 - 8The evidence that we're finally on the cusp:* Guarantee Petroleum dispute u-turn* AGM resolutions to significantly dilute and get shares into the right hands (Calvet / Greenlands etc)* Director / Employee warrants approved for the very first time* DPR approval formally being sought* Bobo doing PR for the very 1st time* FD leaves, is paid off in shares and no replacement is sought* Havoc sign up to a definitive agreement* Bobo talking in past tense - "it's taken a long time" etc...* two former directors opting to now take shares in lieu of their owed salary (equivalent of 2p/share)* mention of the block and 'significant 2P resources' in May 15 after a near two year absence (can now always point back to this warning when news finally breaks)* mention of JV deal talks with at least 2 African-centric partiesSherl0ck - 17 Oct 2015 - 07:39 - 37999 of 38019 - 8The evidence that we're finally on the cusp:* Guarantee Petroleum dispute u-turn* AGM resolutions to significantly dilute and get shares into the right hands (Calvet / Greenlands etc)* Director / Employee warrants approved for the very first time* DPR approval formally being sought* Bobo doing PR for the very 1st time* FD leaves, is paid off in shares and no replacement is sought* Havoc sign up to a definitive agreement* Bobo talking in past tense - "it's taken a long time" etc...* two former directors opting to now take shares in lieu of their owed salary (equivalent of 2p/share)* mention of the block and 'significant 2P resources' in May 15 after a near two year absence (can now always point back to this warning when news finally breaks)* mention of JV deal talks with at least 2 African-centric partiesSherl0ck - 17 Oct 2015 - 07:39 - 37999 of 38019 - 8The evidence that we're finally on the cusp:* Guarantee Petroleum dispute u-turn* AGM resolutions to significantly dilute and get shares into the right hands (Calvet / Greenlands etc)* Director / Employee warrants approved for the very first time* DPR approval formally being sought* Bobo doing PR for the very 1st time* FD leaves, is paid off in shares and no replacement is sought* Havoc sign up to a definitive agreement* Bobo talking in past tense - "it's taken a long time" etc...* two former directors opting to now take shares in lieu of their owed salary (equivalent of 2p/share)* mention of the block and 'significant 2P resources' in May 15 after a near two year absence (can now always point back to this warning when news finally breaks)* mention of JV deal talks with at least 2 African-centric partiesHere's to a positive week guys :)))

[ratkiller] 18/10/2015 20:16

Yeah, you sure you have enough?



Fairy-tale ending.... lying ramping scum.... we don't stop after your ticker stops....

[dr rosso] 18/10/2015 16:15

London bus time.
The Os have it

O X X
X O X
X X O

[bscuit] 17/10/2015 20:09

Drr--off topic---- was that you in Leeds earlier today?

[ryonislav] 17/10/2015 14:02

I'm sure it will come good too

Don't need this BB to take comfort in that

In fact I'm resigning from it

IT IS BORING

SAME OLD POSTS REHASHED OVER AND OVER

Some interesting points and facts

On the whole not worth it

GOOD BYE ALL and good luck

All will come good soon

Take care

[ruedolf] 17/10/2015 13:09

" ryonislav 17 Oct'15 - 12:15 - 38012

Well said "

I'll second that ... Good to see new investors that are in touch with reality makes a welcome change ....


"cammy 17 Oct'15 - 08:12 - 38000

Both these subjects above is the reason we are where we are so please don't turn them into a positive they are not. Getting rid of Calvet and the FD are the best two decisions ever.

FFS stop adding bells and whistles and stories. This will come good I'm sure of that, but get your facts right please. Sick reading hyped nonsense."

[ruedolf] 17/10/2015 12:58

" jimjam222 17 Oct'15 - 12:10 - 38011

Shockwave 3 is imminent "

What happened to shockwave 1 and 2 ?

[ryonislav] 17/10/2015 12:16

Jim jam what is the fascination, obsession with Duggan?
Get a life mate

Seriously

[ryonislav] 17/10/2015 12:15

Well said cammy