Sirius Petroleum Share Discussion Threads

[1sonic] 28/3/2017 09:05

hxxps://audioboom.com/posts/5705785-733-sirius-petroleum-srsp-w-resources-wres-harvest-minerals-hmi-bluejay-mining-jay?t=0

[1alfi] 28/3/2017 09:04

Because the quicker they get it drilled, the quicker they get paid. Any time during h1 to commence drilling according to rns.

[1sonic] 28/3/2017 09:03

Need news Bobo!!!! come on lets have it!

[1sonic] 28/3/2017 09:02

Where is all this news flow then?

[drrichard] 28/3/2017 08:52

DrR, it may be money. Why pay for a survey 4 months before you need to? Similarly, why would COSL commit a rig 3 months before they need to? If they are contracted to drill by June why start in February?

[dr rosso] 28/3/2017 08:46

Ask Xerot.


Meanwhile, from lse...
"The survey's main aim will be to identify sea bed infrastructure (pipe lines) and probably more importantly shallow gas pockets within 60m give or take from surface, reason being, when the legs are jacked down, one leg collapsing into a gas pocket can lead to the jackup toppling over, as happened to Shell in the 80,s offshore Nigeria, see no reason why the survey can't be shot, and magnetometer run over the area in a day, once the boat is rigged up, another day generous, with perhaps transit times another couple of days. Processing a small survey should be relatively painless, and the data can be sent as soon as completed via email, so no need to wait for the survey vessel return. In summary 2 weeks should be comfortable, even in Africa."


The obvious Q is this. Why contract with COSL on Nov 15th, then wait 5 months until April 15th for a tiny poxy 2-day study to be carried out by a small African outfit, basically checking that they're not going to sink a $bn jack-up onto a discarded shopping trolley dumped into 20 feet of water?

[twentysixpointtwo] 28/3/2017 08:39

Does that article have a relevance Doc ?

[cornishtrader1000] 28/3/2017 08:16

black_or_red what costs the wellheads?

[xerot] 27/3/2017 22:08

Nice posts b and r

[bronislav] 27/3/2017 21:31

Wonder if sirius could get black or red to write the rns,s.....

[black_or_red] 27/3/2017 20:33

Polaris foundation checker for unmanned csps, spots identified all ready, then quick drills in and flow. Very fast once spuded. Schumberger hardware is latest hi-tech. No delay, just tie ins linking up

[drrichard] 27/3/2017 20:28

Just as Bobo said in the 2015 AGM I gather.

[black_or_red] 27/3/2017 20:16

hxxp://www.slb.com/resources/case_studies/completions/multilaterals/rapidx_west_australia_cs.aspx


3 wells coming up on Ororo, run multilaterals off of each. Min 3 needed for gas dev plan and O2 hubstation. Will be quick install wellheads slots and 10k boepd in no time H2. All done using remote control tech. Double flow from deeper H, J = 15k - 20k early 2018 from this field alone.

[deadly nightshade] 27/3/2017 19:43

well if bobo and jack and the other guys can pull this off and give us some good shareholder value then i am sure no one here will begrudge them any rewards. should be exciting times coming the next few weeks just got to keep up the positive news flow. the gas here is the main excitment for me because gas is going to play a msssive part of the future

[bumhammer] 27/3/2017 19:07

Dr Rosso are you suggesting we don't believe the truth?

[dr rosso] 27/3/2017 18:58

Progress is amazing when one considers that the Co. has a Chairman pushing 80, a CEO with no O&G production experience, no COO, no CFO and no employees other than its 12 office-based workers in Lagos.

[pipelinepete] 27/3/2017 18:55

They just tootle around the field taking photos, like a grand day out, Bobo whale watching. Hope they pack the sandwiches.

[dr rosso] 27/3/2017 18:39

"Polaris Consulting Company ("Polaris") which has been engaged to undertake a Seabed Survey around the Ororo field licence area."


So it is not actually ON or IN the field itself.

[drrichard] 27/3/2017 16:41

Floats my boat Sherlock.
As it becomes clear that the Ororo plan is on track, the Bobo comment re cash flow generative by year end will not appear quite so aspirational, will it?

Should see the RNS flow pick up as well, as we get nearer to June, only around 8 weeks away