Sirius Petroleum Share Discussion Threads

[rod99] 08/8/2017 18:15

Only in your opinion htrocka, it could just as easily be a quickly worded statement that he didn't think needed wording so accurately.

[openfield68] 08/8/2017 18:12

Wormhole. Bang on.

[htrocka2] 08/8/2017 17:57

maybe you should ask BP where this rig is.



Markets (Pro-Active investor)

BP confirms backing for Sirius Petroleum in Nigeria

15:57 12 Jun 2017

(who ever gave me a red thumb has missed the point...bobo talks of hydrocarbons Chris Shea only talks of oil......the two members of the consortium are not singing from the same hymn sheet....not a good sign)

[wormhole1] 08/8/2017 17:42

Plenty are Doug. Way I see it and why I never really say a lot here is because all we do is try and guess what the hell is going on. Rampers say one thing de rampers say another. Then BOD say something else, be that plans, timelines or what ever and then they never materialise anyway. Leaving everyone making new guesses again, least that's the way it seems to have been for me for the last two or three years

[doug51] 08/8/2017 17:31

Wormhole1: Sirius has awarded Schlumberger a multiwell contract for ororo field which WILL begin later in 2017.Should this not happen........I'm out...fed up with broken promises.

[wormhole1] 08/8/2017 17:25

I'll take that positive..aren't many more going around here are there ?

[drrichard] 08/8/2017 17:04

Well, Wormhole, on the positive side, your worries re oil falling have not traspired :-)

[wormhole1] 08/8/2017 16:43

I, like most people who have been invested here a while want out asap. Sirius will be the last oil/ gas company I put any money into

[x1000] 08/8/2017 16:40

Surely the rig story is a smoke screen ?
Isn't the real issue whether or not we will be here in one year waiting for bureaucracy to be sorted/agreed for sell off ?

[qprallan] 08/8/2017 16:29

Rig located on M1 on way to Whitby. Someone put Sirius Minerals in the Sat Nav.

[wormhole1] 08/8/2017 16:01

My point exactly ht

[htrocka2] 08/8/2017 15:40

I thought I'd stick my two penneth in....



Chris Shea of COSL doesn't mention gas....and as some have classified ORORO as a gas field as opposed to an oil field with the intention of drilling a further 250m deeper....maybe it's just a simple case of allowing for the unknown and revamping the rig strategy to allow for increased pressures that originally came from data 41 years old....therefore possibly contemplating upgrading COSLPower to a larger rig?(my opinion only)



'Some wells along the continental margin of West Africa have had to set total depth prior to reaching all their expected targets due to these extensive pressure transition zones..



Bobo Kuti, CEO of Sirius, commented:

"We are delighted to have secured this highly competitive, vendor financed rig contract with COSL, one of the world's leading oilfield service companies. This innovative financing solution affirms our belief in the quality of the Ororo field and our confidence in achieving first hydrocarbons in H1 2017. We look forward to working with COSL and our other project partners to commence the development of our interests in Nigeria."

Chris Shea, Group Director of Marketing of COSL, commented:

"We are excited to work in collaboration with Sirius Petroleum to enable the Company to reach first oil. It is important for oil service providers and operators to pool their resources and strengths making operations more efficient and cost effective thereby creating value for both parties."

(I can imagine Chris Shea scratching his head and saying...gas, what gas, no one said any this to us about gas?)

[vatnabrekk] 08/8/2017 15:32

And those who know are not telling!

[6cer] 08/8/2017 15:17

That's what I'm saying - no one knows.

[drrichard] 08/8/2017 15:14

6cer if you google "COSL Power location" you will get Rigzone saying "en route", Infield reporting "stacked". In short, no one knows.

[6cer] 08/8/2017 14:55

I put that question in about the rig as there have been several different versions of where it is on here.

[bumhammer] 08/8/2017 14:44

Forget about the rig.

[bennyfishery] 08/8/2017 14:35

It isn't missing, it's just that we don't need to know where it is.

[6cer] 08/8/2017 14:33

It's all been said before.

However no one has solved the mystery of the missing oil rig - is there a Sherlock Holmes amongst you?

[drrichard] 08/8/2017 13:49

Nope. Nuffink to say is all!

[solarno lopez] 08/8/2017 09:28

That gives lots of confidence Doc, a good find

[dr rosso] 08/8/2017 09:17

Interesting to note that the market maker, Nomura, has now disposed of all 50m Sirius shares it was holding. Someone has picked them up, otherwise a flood of shares onto an open market would have resulted in share price heading back towards 1p.

[x1000] 08/8/2017 09:03

Clearly srsp have the links and structures to stave off destruction!

[bronislav] 08/8/2017 08:52

Its gas wormhole that is the focus for sirius and associates.