Sirius Petroleum Share Discussion Threads

[dr rosso] 27/4/2017 15:51

2015 Gas Estimates, as per Presentation.

Reservoir GIIP (Bcf) Recoverable Gas(Bcf)
P50 P50
D1 127.1 88.8
D2 100.0 69.2
D3 85.5 58.5
D4 44.0 31.1
D5 41.9 29.4

Total 398.5 GIIP; 277.0 Recoverable
Net to Sirius 159.4 110.8

2016 Gas estimates, as per Rockflow cpr.
Mid 2C Total 92.14 Recoverable bcf (Oil and Condensate 7.184 mmb)
Net to Sirius 41.82 Recoverable bcf

So yes, Schlumberger's 277 recoverable gas from O1 has been reduced to Rockflow's 92.
(92 bcf is equiv to 16mmb oil)


· Rockflow has carried out comprehensive subsurface analysis on the Ororo field, building on the previous work carried out by Schlumberger, which was announced on 10 December 2013.

· Following completion of the subsurface review, ahead of publication of the full CPR, Rockflow has reported a gross Mid to High Case liquid hydrocarbon volume range for the Ororo field of 7.65 MMstb - 20.48 MMstb. This compares to previous estimates calculated by Schlumberger of 10.08 MMstb to 12.87 MMstb.

· The High Case confirms that significant potential exists on the field, which is located in a world-class petroleum system.

· The High Case illustrates that an increase in oil column thickness of the shallow reservoirs (D1, D2, D3) would result in a major improvement of the Estimated Ultimate Recovery (EUR) to 16.63 MMstb. This scenario reflects re-interpretation of existing data rather than any new exploration work. The Gross number of all liquid hydrocarbon reservoirs in this case exceeds Schlumberger's previous estimates by 59%

[htrocka2] 27/4/2017 15:18

Sher10ck.....could Rockflow have been influenced by the Gaffney report that was commissioned by SRSP to investigate the lower sands...but we never got to see?....just my opinion of course.




ps...a direction side track into the most prolific sands will make the numbers irrelevant. The concept of direction drilling came in the mid '90's.

[sherl0ck] 27/4/2017 14:40

Did anyone ever find out why Schlumberger's Ororo gas estimate of 276 - 390 Bscf was downgraded quite sharply by Rockflow to 99 - 133 Bscf?

[1sonic] 27/4/2017 12:05

cornish cheers now I can see! she has never popped up before when I have searched!

[cornishtrader1000] 27/4/2017 12:00

Tomi Olatunde. Geologist / Project Manager. 2014 - Present (3years)Before then Geologist at NewGold.

[1sonic] 27/4/2017 11:44

ht - type "sirius petroleum plc" and press Canada tab and you sill see who I am on about - its not GL i can see him. this is a woman. But I cannot see her profile.

[htrocka2] 27/4/2017 11:27

Isonic....if you punch 'in Sirius Petroleum' into LinkedIn.(you may need to be registered)...those of us that have been here from the GL mentioned days, will recognise his photo. Although no name is given, but those here long enough will recognise him.......and he's on the SRSP TAC team.

[1sonic] 27/4/2017 08:51

Interesting - Linkedin....... although I cant see her profile - There seems to be a "Geologist/Project Manager" based in Canada with current role "Project Management officer at Sirius Petroleum PLC

[swiz73] 27/4/2017 08:48

Wonder whats holding up the seabed survey report? Knowing our luck with SRSP, the boat probably hit an iceberg and sank! C'mon BOD....lets keep momentum going eh

[pipelinepete] 27/4/2017 07:06

Shut up rich, go spread lies with your plant pot warriors.Htrocka - the thought process was a fresh rns to start the week ready for a flurry of news items as the week went on.

[thedoogster] 26/4/2017 22:33

A plaxe wgere you plant pot? 😂

[1sonic] 26/4/2017 22:25

What's all this plant pot stuff?

[bumhammer] 26/4/2017 22:23

6cer are you a plant pot?

[htrocka2] 26/4/2017 22:11

Isonic...I was waiting for Pipelines reply...you've thrown a spanner in the works..

[htrocka2] 26/4/2017 21:50

Pipeline.........why Monday?

[pipelinepete] 26/4/2017 21:30

Rns Monday ?

[pipelinepete] 26/4/2017 21:29

Plantpot secret crew it seems with there orchestrated sell offs - up steps the big pocket clowns and they get all worked up!!The booms will continue short term all genuine holders :) This weeks ending blue, next week will be Royal Navy :)

[1sonic] 26/4/2017 21:29

Oh just wondered

[drrichard] 26/4/2017 21:26

Not unless he is Emaiing me from the grave 1sonic

[1sonic] 26/4/2017 21:21

Has Dr Rosso died?

[busahale1] 26/4/2017 21:15

Was due to be passed this week but delayed due to a bereavement apparently