Sirius Petroleum Share Discussion Threads

[solarno lopez] 18/12/2017 15:08

Thanks Sherlock always good to have your opinion

[sherl0ck] 18/12/2017 15:07

I’ve bought a few more after attending GM today. Focus of discussion very much around Ororo but useful to understand that the current financing model could also potentially be replicated as & when for other assets (hopefully IMO with less additional equity dilution in the short term) so I’d hope we’ll see much more shareholder-efficient financing going forwards as we grow.

The time & effort it’s taken to bring in the right strategic partners (apparently 18 mths just for Schlumberger!) and construct the commercial building blocks further leads me to believe that Sirius will be a very significant entity. An operating company with a pipeline of assets + world class partners that can easily digest whatever we throw at them + access to substantial money = huge growth potential in 2018.

[cornishtrader1000] 18/12/2017 14:19

MMs happy to take a couple of million for 0.93p

[eye2] 18/12/2017 13:57

1 p paid yippe

[1sonic] 18/12/2017 13:26

Anyone selling is an idiot

[xerot] 18/12/2017 13:07

finally now a production firm thank God

[solarno lopez] 18/12/2017 12:35

Thanks for the input QPR and HT

[htrocka2] 18/12/2017 12:17

solarno....waiting for the issue of new shares tomorrow and see where the price settles...

'......on Admission of the Company's enlarged share capital on AIM tomorrow, Tuesday 19 December....'

[qprallan] 18/12/2017 12:17

GM was a formality and not really a presentation. Potential investors probably waiting until tomorrow to see where the share price is heading.

[solarno lopez] 18/12/2017 12:07

Interesting that the GM is over and no one ahs rushed out to buy more stock

[dr rosso] 18/12/2017 11:21

Spreadex has added 90m shares

[htrocka2] 18/12/2017 11:16

The subtle change is interesting in that Mr Pryde now refers to ADD Energy as a 'Partner'...whereas Dermot O Keefe had previously called the contract a 'collaboration'. With Dermot now srsp COO as well as ADD Energy CEO the link between the two companies is going from strength to strength....not to mention Dermot's existing dealings with BP...

[edgein] 18/12/2017 10:53

The new temp COO sounds like the type of chap who'll get the job done alright. Deepened, tested and into production.

Regards,
Ed.

[wormhole1] 18/12/2017 10:36

Finally get the impression the wheels are starting to roll

[dr rosso] 18/12/2017 10:33

Should see some field schedule confirmations tba ahead of agm. Eg platform, rig, spud

[cornishtrader1000] 18/12/2017 10:23

Now the news can roll...

[oakville] 18/12/2017 10:20

Good sign.

[stu1210] 18/12/2017 10:16

That was a quick meeting

[qprallan] 18/12/2017 10:14

18 December 2017

Sirius Petroleum Plc

("Sirius" or the "Company")



Result of General Meeting

Appointment of Interim Chief Operating Officer

Sirius Petroleum (AIM:SRSP), the investing Company focussed on oil and gas development and production opportunities in Nigeria, announces that at the General Meeting of shareholders held today, all resolutions put to shareholders were duly passed.



The Board is delighted that shareholders have approved the proposals contained in the Admission Document and on Admission of the Company's enlarged share capital on AIM tomorrow, Tuesday 19 December, Sirius will complete of its transformation into an operating company focused on developing proven oil and gas assets in Nigeria working alongside its world class technical and finance partners.



Appointment of Interim Chief Operating Officer ("COO")

The Company also confirms the appointment of Dermot O'Keeffe as Interim COO, with primary responsibility for all operational areas of the Ororo field development, a role which he has recently fulfilled on an acting basis. He will continue to report directly into the Chief Executive of Sirius. Dermot is COO of Add Energy AS, the well management solutions partner to Sirius on the Ororo Field. Dermot joined Add Energy AS in 2011 as Vice President Well Management. Dermot holds a BSc (Honours) in Engineering Geology from the University of Newcastle upon Tyne, an MSc in Petroleum Engineering from the Royal School of Mines, Imperial College London and an MBA from the AGSM in Sydney. He has extensive international drilling and completion experience with several large operators, including BP offshore UKCS and onshore in The Netherlands, Sun International E&P in technical positions offshore in the UK North Sea, Malaysia, and onshore in Gabon and Shell in Diyarbakir, south east Turkey.



Jack Pryde, Chairman, said: "We are very grateful for the strong support the Company has received from shareholders and we can look forward to a very active year ahead as the team executes the strategy to develop the Ororo Field, the first of the Company's intended producing and near production oil and gas assets. We are delighted to formalise Dermot's role as COO, to complement a strong operational team supported by an expanded Board with very considerable commercial and sector experience."



Commenting, Bobo Kuti, Chief Executive, said: "This marks a transformation point in the progress of the Company and we enter 2018 with a compelling financial and operating structure which is designed to deliver value to all stakeholders. We look forward to the commencement of the well campaign operations on Ororo-2 in early 2018."

[mr roper] 18/12/2017 09:01

Aaaaaaarrrrrrrgggghhhhhhghgggggggtheonlywayisuppppppppoo!

[eye2] 18/12/2017 08:56

Looking good sell nice amount over bid

[pipelinepete] 18/12/2017 08:42

Final chance, tick tock

[oakville] 18/12/2017 08:21

Push push push !!

[1sonic] 18/12/2017 08:12

Gonna pop!

Boom

[aventador] 18/12/2017 08:05

Buy buy buyLast chance to get into srsp cheap before we become a new super transformed company.Boooom.