Sirius Petroleum Share Discussion Threads

[shez20] 29/5/2018 10:08

If nothing is produced before the agm it gives this lot a good 18 months before they have to be wheeled back out! Scary thought!

[dr rosso] 29/5/2018 09:21

Guest appearance by Dynamo on how to make a 10,000 tonne supposedly tooled-up hot drilling rig completely disappear. Why was it`s Senior Toolpusher looking for another job as at end-April? Previously Force was deployed on RakGas Saleh field offshore Iran, winding up operations on the deleted field.


Nicely sizzling and all set for April drilling


Commenting, Bobo Kuti, Chief Executive, mentioned: “We are delighted ,,, a milestone for Sirius as we embark with our operational companions on the primary of our drilling packages. We are delighted to be working alongside COSL as our rig companions and thank them for the superb work they’ve finished on mobilisation."

Dynamo Kuti?

[htrocka2] 29/5/2018 09:15

Trying(with difficulty) to put a positive spin on this today ... . the current M/Cap is circa £32m, if the price of oil stays at circa $75, then once the rig is over Ororo and begins producing...the PV/10 should automatically kick in rating the field value at $110m.....which should shove the share price about 140% above its current level (based on Ororo only)........however, locating the rig is the problem.

[dr rosso] 29/5/2018 09:03

Unless some kind of asset rabbit is pulled out of the bag in the next 2 weeks, the meeting is going to be the same ragbag of hopes, plans and intentions with the usual outcome. A good stoning is in order.

[xerot] 29/5/2018 08:54

some red faces at that meeting for sure

[dr rosso] 28/5/2018 23:12

Moving into "London bus found on the Moon", "Freddie Starr ate my Hamster" territory.


A little transparency wouldn`t go amiss.

[htrocka2] 28/5/2018 22:06

minichris

'HLV is now displaying "Armed Guards Onboard".......I wonder if they'll be at the AGM protecting the BoD against distressed shareholders?

[fishandchips2] 28/5/2018 20:55

Fingers crossed for news this week and let’s hope it’s those big assets, see you all at the agm

[dr rosso] 28/5/2018 20:45

Disappearing rig. Promises of drilling in every quarter imaginable over the years. All manner of Heads of Terms partnerships lined up back in 2011, none of which came to fruition.
All rather pathetic really and no wonder the market doesn`t take them seriously.

[bronislav] 28/5/2018 18:46

Could they not pay the pirates in.warrents exercisable on first oil.

[htrocka2] 28/5/2018 18:29

presumably it's a consideration that's got to be addressed...and the increase in specialist security may not have been part of the original insurance cover...

[minichris] 28/5/2018 18:00

The only pirates I know are from the films lol!

[qprallan] 28/5/2018 17:14

minichris - What about the South China Seas ?

[oliversanvil] 28/5/2018 15:44

RIG FOUND! ----------Next to MALAYSIA Airlines flight MH370 the world's greatest mystery when it disappeared without a trace .

[minichris] 28/5/2018 15:44

HLV is now displaying "Armed Guards Onboard" with no destination or track.Thats normal paractice for a vessel going through Somali waters, not on its way to China.Hmmm

[kwizza] 28/5/2018 09:27

Hope it doesn't take another 10/20 years to sort out...

It would have all gone electric by then :)

[twentysixpointtwo] 28/5/2018 08:15

Jenny you know that only appeals to you and me. That said, it’s a beautiful thing.

[jenny tulwought] 28/5/2018 04:45

Listen from 48 minutes, 20 seconds.

[vatnabrekk] 27/5/2018 22:42

There will be no unveiling at the AGM, but there could be an announcement of some kind just beforehand. Surely they must say something about the rig, or lack of it, before the AGM.

[dr rosso] 27/5/2018 21:32

We simply do not know what is holding up Ororo. I dare say BoD is equally frustrated but tight-lipped, leaving us to speculate. Could easily be GP holding out for their payoff in return for giving up operator rights. A world class consortium would be happy to have them removed from the scene.