Sirius Petroleum Share Discussion Threads

[solarno lopez] 14/9/2016 11:34

oh my goodness

[bumhammer] 14/9/2016 11:31

Thats nothing Sol, I owe Brazzers.com £3478

[solarno lopez] 14/9/2016 11:19

Lets hope it happens in that case as I owe a bloke £4.16.10d which went towards my first purchase of shares in SRSP !

[drrichard] 14/9/2016 11:11

14 September 2016 | 10:20am
StockMarketWire.com - Cantor Fitzgerald today reaffirms its buy investment rating on Sirius Petroleum PLC [LON:SRSP] and raised its price target to 2.30p (from 1p).

Presume on the back of the CPL last week

[solarno lopez] 14/9/2016 11:10

How interesting, I have just made contact with Companies House on the very subject and I now need to contact the AIM Team....flouting of company law will never do especially when it involves long exhausted and mightly ticked off investors

[dr rosso] 14/9/2016 11:10

and there's the mate's rate. 1.67m buy at 40

[drrichard] 14/9/2016 11:05

Mr B, reasons for no AGM
shortlist: all on vacation, awaiting a signature, all signed off but awaiting funding confirmation, etc etc

[twentysixpointtwo] 14/9/2016 11:01

If only it had been Sound Energy and not Sirius Petroleum that I'd put my money in.....

[bumhammer] 14/9/2016 11:01

Shortlist?

Yeah it's Ok Dr.R, I know who it is now anyway.
I actually like having a spineless twerp as an online stalker :)

[drrichard] 14/9/2016 10:47

Morning Mr B. I wish I knew the answer, although we all the know the shortlist. And, by the by, I have not marked you down, before you ask :-)

[bumhammer] 14/9/2016 10:23

The boredom won't go on forever..

So are we any clearer on when an AGM is happening?
Why is it being held back?

Answers on a postcard..

[minichris] 14/9/2016 10:17

Boredom is a dangerous thing bumhammer, you can often go looking for things that are not there :p

[bumhammer] 14/9/2016 10:09

I couldn't tell you Mini.
Maybe because I don't read his posts as my eyes just glaze over.
Interesting you noticed it though.

Just another daily posting Loon adding to fog of this share.

[minichris] 14/9/2016 09:52

You tell me bumhammer, why does he keep putting the wrong company name on his copy and pastes?

[bumhammer] 14/9/2016 09:47

What you trying to say Minichris?
Why would the Hotstepper try to get it wrong?

[minichris] 14/9/2016 09:32

@HT

hxxp://www.rockflow.com/

Its like your trying to get it wrong on purpose or something.......

[htrocka2] 14/9/2016 09:28

Interesting that COPL is mentioned this morning. We can only assume that the data interpreted by Rockwell came from existing information supplied by both Schlumberger and Chevron, yet since 2012 advanced seismic processing techniques have been developed that is able to differentiate oil bearing sands from gas and water bearing sands. When this latest technology was recently applied, the Report estimated significant volumes of Unrisked Prospective gas resources on the Block totaling on a Best Estimate basis over 1.7 TCF........previously discarded.


'The Block is situated along a large growth fault-controlled structural complex, which the Company refers to as the "Noa Complex". Extensive seismic campaigns have been conducted on the block over the years with 1750 km of 2D seismic, and approximately 1300 km(2) of 3D seismic data acquired to date. ShoreCan in the last year has completed additional seismic processing to the most recent 568 km(2) 3D seismic survey acquired by Essar Nigeria in 2012. The advanced seismic processing techniques applied to this data set by ShoreCan were done to differentiate oil-bearing sands from gas and water bearing sands. These techniques were unavailable previously due to the poor quality and inappropriate parameters of the earlier seismic data sets.'

'..... In addition to the oil resources identified, NSAI's Report estimated significant volumes of Unrisked Prospective gas resources on the Block totaling on a Best Estimate basis over 1.7 TCF...'


Conclusion...We still cannot be certain what's down there and at best, the CPR is a calculated estimate based on old data.

[sherl0ck] 14/9/2016 09:12

No detail yet on the financial terms but I don't think it's an RTO as the acquisition has been accomplished via a special purpose subsidiary, which is itself a 50/50 JV company (certain assets & interests of both owning companies fall outside of this venture) and not a listed entity.

[dr rosso] 14/9/2016 09:06

Up to .435. Can't have it creeping away. Cmon Cantor, chuck in a 500k sell to hold it down

[dr rosso] 14/9/2016 09:06

Buying at 43. Let's see if it gets pegged back to let in a batch of those big round figure trades at 40

[dr rosso] 14/9/2016 09:04

COPL has gone down the subsidiary route, owning 50% of newly created Shorecan, with Essar, to go in on 80% of the deepwater Block. Vastly undeveloped so a lot of work to do there. Is it rto?

[1alfi] 14/9/2016 08:23

I see it different. I think the company has made a lot of progress recently, not least of which has been securing the licence which has given Sirius a firmer footing to operate in Nigeria.

[1alfi] 14/9/2016 07:59

Plenty of positives occurring lately. Field licence, eia, cpr. Sort funding, drill Ororo, establish reserves, conclude RBL and bring other assets into play.

can't see the point of continually moaning about what hasn't happened yesterday. It's what is going to happen from here forwards that counts.