Sirius Petroleum Share Discussion Threads

[aventador] 25/5/2017 15:47

If the pibs been passed that's the best bit of news we've had in years all systems go finally let's hope.

[bronislav] 25/5/2017 15:37

The legal framework for investment in the Nigerian oil and gas industry is now in place .whether or not it had any bearing on Sirius we will likely never know .What it does mean is that it is another possible hinderance out of the way.We know there is 80 billion of Chinese investment and 15 billion of Indian investment lined up for Nigeria .A percentage of these large amounts could transform the oil and perhaps more importantly the gas industry in Nigeria..onwards and upwards .

[cornishtrader1000] 25/5/2017 15:29

And all credit to Mr Buhari

[htrocka2] 25/5/2017 15:29

Cornish, the days of brown envelopes will soon be consigned to history.

[cornishtrader1000] 25/5/2017 15:21

Thanks HT, I'm surprisingly weak on the Nigerian brown envelope or should I say Parliamentary process.

[htrocka2] 25/5/2017 14:52

Cornish, This is the important one....all that follows is a rubber stamp.

[cornishtrader1000] 25/5/2017 14:44

Id that it, Senate approval and it's passed?Any House of Lords, Congress type steps to go through?

[drrichard] 25/5/2017 14:37

Let's see if it is only we SRSP geeks getting excited. Will we turn blue as the news filters out?

[solarno lopez] 25/5/2017 14:36

we will HR

[htrocka2] 25/5/2017 14:33

Nice one minichris and Sher10ck.

No doubt it'll be all systems 'go' and waves of rns's on it's way. H1 drill is now a virtual certainty.

ps.
It beggars belief that with COSL signed up we're not swamped with Chinese cash.

[bronislav] 25/5/2017 14:30

So nothing to hold us back now ?

[handygandhi] 25/5/2017 14:28

Confirmation .



(Edit: Posted before I read Sherl0ck's post.)

[sherl0ck] 25/5/2017 14:26

Senate President, 2pm Thurs, 25th May 2017:

"The Bill is now read and passed. Distinguished colleagues let me thank you all starting with the committee and all members that contributed to this landmark bill that we have passed today.

This is a bill that has evaded for many years and we have not been able to pass and we made a commitment at the beginning of this 8th Senate that we will pass this bill.

This is a bill not only for Nigerians, even our friends and investors in the petroleum sector have been waiting for us to put a framework that will ensure transparency, accountability and create an enabling environment for the petroleum sector that will be necessary to stimulate growth in this sector.

We hope that by what we have done today again will continue to show the kind of commitment and leadership and our contribution to develop this country.

I'm proud of what you have all done today. We gave this commitment and we have passed this bill that has not been possible for many years and we have done it.

I hope with this bill the oil and gas industry will begin to see the new kind of investment that is necessary. We'll plug all the loopholes, be able to reduce the areas of corruption, inefficiency.

Our people will be able to benefit better in the petroleum sector and that Nigerians will be better for it.

I thank you all for what you have done today."

[twentysixpointtwo] 25/5/2017 14:19

Fire up the rig 🔥!!!

[drrichard] 25/5/2017 14:16

Hooray! Job on!

[pipelinepete] 25/5/2017 14:16

Bring on funding and assets nowBooommm

[minichris] 25/5/2017 14:02

Is that it, its been passed?

[solarno lopez] 25/5/2017 13:38

Was it face down Vito !!

[vito corleone the 2nd] 25/5/2017 13:31

Pipelinepete, yes very boring i'm off to lunch with my pal Mario Puzo. I had a little top up with some cash floating about today.

[pipelinepete] 25/5/2017 13:12

Very low volume, boring, get on with it

[cornishtrader1000] 25/5/2017 13:07

Here we go again. Low volume and a 5% drop for no reason.

[cornishtrader1000] 25/5/2017 13:05

They got to clause 6 before a query on H&S!

[swiz73] 25/5/2017 13:02

Bron....doubt it, they don't look stressed/poor/hungry/close to complete financial and mental breakdown/ridiculed by family and/or friends/look like they enjoy the level of self-harm needed here/bothered about not being in it over a weekend...enough to me :-/