Sirius Petroleum Share Discussion Threads

[thundercat1] 30/11/2015 09:38

Plus500Sirius Petroleum PLC Board AppointmentSource: UK Regulatory (RNS & others)TIDMSRSPRNS Number : 2824HSirius Petroleum PLC30 November 2015Sirius Petroleum Plc.("Sirius" or the "Company")Directorate Change and New Company SecretarySirius Petroleum (AIM:SRSP) the investing company focused on oil and gas exploration and development opportunities in Nigeria is pleased to announce the appointment of Simon Hawkins as a Non-Executive Director.Simon has 29 years experience working in oil and gas finance, having had nine years international experience with the Royal Dutch Shell group of companies in London, Netherlands and Nigeria followed by a successful career as an equity analyst at UBS, Dresdner Kleinwort, Ambrian Partners, MF Global and N+1 Singer. He joins the Company after two challenging years at Afren plc, where he was Global Head of Investor Relations. Simon is a member of the Chartered Institute of Public Finance & Accountancy, holds a BSc Econ (HONS) in Economics from the University of Wales and a postgraduate certificate in Oil and Gas Financial Management from the University of North Texas. Simon was ranked number one by Thomson Extel for his coverage of European Gas while at UBS.The Company also announces the appointment of Simon Hawkins as Company Secretary.Bobo Kuti, Chief Executive of Sirius Petroleum, commented:"I am delighted to welcome Simon to our Board. He is a highly respected Oil and Gas professional with a wealth of experience relevant to Sirius, particularly having worked in Port Harcourt as Finance Controller for Shell's Nigerian joint venture SPDC Nigeria."Pursuant to Rule 17 and Schedule 2 paragraph (g) of the AIM Rules for Companies, the following information is disclosed:Simon John Lindsay Hawkins, aged 55 has been a director or member of the following companies or partnerships during the previous five years: Current Directorship Past Directorships within the last 5 years ------------------------- -------------------------- Omni Investment Research Communicate Research Limited Limited ------------------------- -------------------------- Mr Hawkins does not currently own any ordinary shares of the Company. Simultaneously, with Mr Hawkins appointment as a director of the Company, the Company has granted 5,000,000 warrants over new ordinary shares at a strike price of 2 (two) pence per share. The warrants will be exercisable from 30 November 2015 until 10 August 2018.There is no further information to be disclosed pursuant to Schedule 2 paragraph (g) of the AIM Rules for Companies.Enquiries Sirius Petroleum plc [phone] Bobo Kuti / Jamie www.siriuspetroleum.com Bligh Cairn Financial Advisers LLP (Nomad) [phone] Tony Rawlinson Merlin Partners LLP (Financial Advisor) [phone] Ashleigh Ruxton Cantor Fitzgerald Europe (Broker) [phone] David Porter / Sarah Wharry Gable Communications Limited [phone] John Bick Email: [e-mail] This information is provided by RNSThe company news service from the London Stock ExchangeENDBOAMMMZMGNGGKZZ(END) Dow Jones NewswiresNovember 30, 2015 02:01 ET (07:01 GMT)

[thundercat1] 30/11/2015 09:38

New expertise on board doesn't look like this is heading to zero by Xmas as someone predicts more likely production next year.

[thundercat1] 30/11/2015 09:36

Plus500Sirius Petroleum PLC Board AppointmentSource: UK Regulatory (RNS & others)TIDMSRSPRNS Number : 2824HSirius Petroleum PLC30 November 2015Sirius Petroleum Plc.("Sirius" or the "Company")Directorate Change and New Company SecretarySirius Petroleum (AIM:SRSP) the investing company focused on oil and gas exploration and development opportunities in Nigeria is pleased to announce the appointment of Simon Hawkins as a Non-Executive Director.Simon has 29 years experience working in oil and gas finance, having had nine years international experience with the Royal Dutch Shell group of companies in London, Netherlands and Nigeria followed by a successful career as an equity analyst at UBS, Dresdner Kleinwort, Ambrian Partners, MF Global and N+1 Singer. He joins the Company after two challenging years at Afren plc, where he was Global Head of Investor Relations. Simon is a member of the Chartered Institute of Public Finance & Accountancy, holds a BSc Econ (HONS) in Economics from the University of Wales and a postgraduate certificate in Oil and Gas Financial Management from the University of North Texas. Simon was ranked number one by Thomson Extel for his coverage of European Gas while at UBS.The Company also announces the appointment of Simon Hawkins as Company Secretary.Bobo Kuti, Chief Executive of Sirius Petroleum, commented:"I am delighted to welcome Simon to our Board. He is a highly respected Oil and Gas professional with a wealth of experience relevant to Sirius, particularly having worked in Port Harcourt as Finance Controller for Shell's Nigerian joint venture SPDC Nigeria."Pursuant to Rule 17 and Schedule 2 paragraph (g) of the AIM Rules for Companies, the following information is disclosed:Simon John Lindsay Hawkins, aged 55 has been a director or member of the following companies or partnerships during the previous five years: Current Directorship Past Directorships within the last 5 years ------------------------- -------------------------- Omni Investment Research Communicate Research Limited Limited ------------------------- -------------------------- Mr Hawkins does not currently own any ordinary shares of the Company. Simultaneously, with Mr Hawkins appointment as a director of the Company, the Company has granted 5,000,000 warrants over new ordinary shares at a strike price of 2 (two) pence per share. The warrants will be exercisable from 30 November 2015 until 10 August 2018.There is no further information to be disclosed pursuant to Schedule 2 paragraph (g) of the AIM Rules for Companies.Enquiries Sirius Petroleum plc [phone] Bobo Kuti / Jamie www.siriuspetroleum.com Bligh Cairn Financial Advisers LLP (Nomad) [phone] Tony Rawlinson Merlin Partners LLP (Financial Advisor) [phone] Ashleigh Ruxton Cantor Fitzgerald Europe (Broker) [phone] David Porter / Sarah Wharry Gable Communications Limited [phone] John Bick Email: [e-mail] This information is provided by RNSThe company news service from the London Stock ExchangeENDBOAMMMZMGNGGKZZ(END) Dow Jones NewswiresNovember 30, 2015 02:01 ET (07:01 GMT)

[cammy3] 30/11/2015 08:04

Hopefully Simon buys stock in the market tooHe's happy to take options at 2p so I'd imagine he would be happy to buy at rock bottom 0.35

[chris shiherlis] 30/11/2015 07:38

Oilbuy you still think they will drill this well? they haven't disclosed that they have the money in hand to do so. I am sure they do but no disclosure. Which is very odd.

Come on Sirius show us the money.

[cammy3] 30/11/2015 07:35

Oilbuy - if he's done his homework then I'd expect him to be buying stock in the market too

[oilbuy] 30/11/2015 07:32

Nigerian experience. This appointment should restore some faith in the company and their ability to drill this well.3 good RNS's2 appointments and a well permit !

[chris shiherlis] 30/11/2015 07:28

Mr Hawkins joined Afren as a Senior Manager in 2013. Mr Hawkins has over 16 years of experience working as an equity analyst at several investment banks including UBS, Dresdner Kleinwort and MF Global. During his City career Thomson Extel ranked him number one for his coverage of European Gas, number two in European Oils and three in European Utilities. Prior to joining the City, Mr Hawkins had eight years international experience with the Royal Dutch Shell Group of companies, including senior management positions in SPDC Nigeria, based in Port Harcourt. During his time with Shell he was recipient of the UK's 'Young Accountant of the Year' award.

[chris shiherlis] 30/11/2015 07:22

Yes that is a good appointment, note how they are as non exec directors, interesting point.

[cammy3] 30/11/2015 07:15

Becoming more credible now. Also appointed as co Sec too so no more late company returns.A very good appointment

[drrichard] 30/11/2015 07:10

Well, Cammy, he knows the territory and has the record and he brings some serious credibility with him.

[cammy3] 30/11/2015 07:09

Options at 2p

[cammy3] 30/11/2015 07:06

Fantastic appointment

[witchywoo] 30/11/2015 07:02

sorry, double post - adfvn gateway issues ?!

[witchywoo] 30/11/2015 07:02

here's the Ororo well head for those who've not seen it



looks like a (very) bad bit of photoshop work to me !

[jimduggan] 29/11/2015 21:39

good week this week

[jimduggan] 29/11/2015 21:11

Does anyone know when this percentage is legally ratified?

[jimduggan] 29/11/2015 21:10

addition to applying for the well permit, Guarantee Petroleum, Owena Oil & Gas and Sirius Petroleum intend to apply to the Ministry of Petroleum Resources in Nigeria to legally ratify Sirius Petroleum’s 40% participatory interest in the Ororo field. This is subject to the amendment or waiver of certain terms of the FTSA, which have been highlighted by a recent review of the FTSA by all the parties, in order to confirm each of their rights and economic interests under the FTSA, which comprises Sirius Petroleum’s 40% interest, Guarantee Petroleum’s 32% interest, and Owena Oil and Gas’ 28% interest.
Sirius Petroleum added that the Nigerian oil and gas industry has the full support of the new government administration, which has refocused the regulators, the Nigerian National Petroleum Corporation and the DPR, to work closely with indigenous companies to bolster the nation’s natural resources production. This initiative perfectly aligns with the company’s strategy to build a significant portfolio of producing assets through local partnerships.

[micky and syrup] 29/11/2015 21:07

It's gas!!