Sirius Petroleum Share Discussion Threads

[kwizza] 06/11/2018 08:06

Thought I had seen a 400 day contract for this rig somewhere

[dr rosso] 06/11/2018 07:48

One little anomaly from that interview. He says that each of the 2 wells is a 45-day drill ie a 90-day programme. Why then does the contract on Shelf`s website specify 135 days + options? That`s a minimum of 3 x 45 days. In other words 3 wells. It`s surely not a coincidence that 135 is divisible by 45.

[aventador] 06/11/2018 06:15

With 90 days from when ever rig arrives etc maybe they should have stated oil q1 2019 to 2018 and yes how many of these vids we seen before promising the same old, least this time we are finally on the cusp it would seem although volume and share price is still low, let's see if the vid will do anything to get more buying again.Still got a fair few months to wait tho It would seem as always.

[vatnabrekk] 05/11/2018 23:32

I must have missed that bit, Dr.R.!

[dr rosso] 05/11/2018 23:26

The obvious q from the interviewer was this ...

"Welcome Bobo, now, in every other interview you`ve taken part in over the last few years, it has been exposed as complete bolox whatever you have predicted about drilling, be it Q1, H2 etc. With a credibility rating of zero, why should anyone believe you this time around?"

[drrichard] 05/11/2018 23:16

Hi Vatna, you are correct, in that it is not the BP $50 deal but that we have locked in the service providers at this level, i.e. circa $50

[vatnabrekk] 05/11/2018 23:02

Hi drr, I don't think that's what he meant. He said that the CPR showed that the project was profitable at $50 /barrel, so at todays price we are in a good state, which suggests that SRSP will get market prices from BP. He said that SRSP was locked in to service prices (at least I'm sure what he said, it wasn't entirely clear, but listen at 4m55s) but I think he meant that we are locked in to cost prices e.g. perhaps for the drilling rig and possibly the support ships and other services.

[drrichard] 05/11/2018 22:59

First we get the home movie on Adriatic on the SRSP web site and now we get a Bobo interview on the web site. PR building up. Let’s hope this gets wider recognition and folk start believing and buying.

[drrichard] 05/11/2018 22:56

BP and the $50 dollar fix, I think

[vatnabrekk] 05/11/2018 22:54

It strikes me that Bobo must be expecting the Adriatic I to make a move soon, otherwise why would be bother to do this interview?

[jenny tulwought] 05/11/2018 22:28

If you were an 'un-scripted' interviewer, when Bobo said there are 120 such un-tapped marginal, you'd surely ask how many of those Sirius had claims upon.

Bobo also mentioned that despite the PoO being above the CPR $50 dollar estimates, that the price was "locked-in". What does he mean by this?

[sirianbotham] 05/11/2018 21:42

Yes. The interviewer sounded like they were pretty much prepared questions to me

[xerot] 05/11/2018 21:30

Looks like an advert to me.

[bronislav] 05/11/2018 21:09

Interesting that bobo mentioned the consortium and COSL were not included..It would lead one to assume ,given the force issues,that COSL are out of the picture ,although i dont think that is the case.Tidewater were not mentioned but we assume they are still involved.
Finally its also significant that bobo took time to mention that there are 120assets up for grabs in nigeria.

Is it fair to assume that bobo would have suggested what questions would be asked of him.?

[bronislav] 05/11/2018 20:56

Makes one wonder what the onshore work is all about and what those proffessionals from the oil indstry that we have been employing are working on.So much hidden and one gets the feeling a whole load of other news outside the spudding is starting to stack up.

[riskybisky] 05/11/2018 20:42

Yes convincing as ever and we're so close.

Bring it on!

[fishandchips2] 05/11/2018 20:35

Production very early 2019.
Drilling 45 days prior (November)
Loan notes to be announced before that.
AssetS farmed into to be talked about and production on his next interview.
Share price undervalued at $50 CPR price - oil currently at $73.

[drrichard] 05/11/2018 20:15

Well spotted guys. Spot on pric9447. This time, Rodders.

[pric9447] 05/11/2018 20:13

riskybisky, convincing isn't he, lets see if its delivered

[astralvision] 05/11/2018 20:10

edit, thanks for the direct link riskybisky

[riskybisky] 05/11/2018 20:08

Nice video from bobo still drilling this year.

[twentysixpointtwo] 05/11/2018 19:27

Apologies if it’s been referred to previously but there is a new interview with Bobo conducted with IG on the Sirius website. Seems to have been filmed last week when graph of share price is discussed. Runs to 7 minutes in length. Here comes the new charm offensive.

[drrichard] 05/11/2018 17:05

Bleemster, as I understand it Spreadex have to cover spreads with stock? If the free float is small then any buying to cover spreads will, inevitably,put the share price up? So, if they worry re that they will stop new positions.
Now, of course, one reason why there might be a small free float is that we are all stocked to the gunwales 'cos we know news is coming.