Sirius Petroleum Share Discussion Threads

[htrocka2] 22/8/2020 07:43

It's difficult to see how the latest Marginal Field bid round will succeed.

[bumhammer] 21/8/2020 21:51

No need for the homophobic slurs 5ver.Quit posting utter tripe.

[cornishtrader1000] 21/8/2020 16:23

Nearly our delisting 1 year anniversary!!!NOTICE 27/08/2019 07:00am NOTICE OF CANCELLATION OF ADMISSION TO TRADING ON AIM - XLON Pursuant to AIM Rule 41 the following securities have been cancelled from trading on AIM with effect from the time and date of this notice. SIRIUS PETROLEUM PLC213800Q34ME352HQEO16ORDINARY SHARES OF 0.25P EACH FULLY PAID(B03VVN9)(GB00B03VVN93)SIRS PETR/PAR VTG FPD 0.0025 If you have any queries or require further information, please contact the company's nominated adviser on [phone].

[bumhammer] 21/8/2020 16:09

5cer, shut up with your ridiculous posts

[5cer] 21/8/2020 13:28

Tt's all about brown envelopes. (dashing)

[htrocka2] 21/8/2020 13:19

O/T....ZEN. with Market Cap of approx £1.3m was one of the first to pass the qualifying phase of the marginal field bid round....it doesn't give a good reflection of the quality required to become one of the 600 applicant winners.

[dr rosso] 21/8/2020 12:07

During the year, the Company made loans of $360,936 (2017: $296,660) to Sirius Taglient Petro Limited (a subsidiary undertaking) for cash advances to cover operating expenses and invoices paid on their behalf. At 31 December 2018,
Sirius was owed $4,042,076 (2017: $3,681,140) from Sirius Taglient Petro Limited.


The Nigerian subsidiaries are all based at Lekki, the huge new industrial ftz development just outside Lagos, where Dangote and others have substantial interests.

3 Jerry Iriabe Street,
Lekki Scheme 1


Operational activity conducted under the guise of a Nigerian privateer, with no reporting requirements.

Martin Richards Subsurface Manager
Company NameSirius Petroleum
Dates EmployedJan 2018 – Present
Employment Duration2 yrs 8 mos
LocationLondon, United Kingdom
Subsurface Manager for Nigeria-focussed E&P company

Dik Barton Group QHSS&E Manager
Company NameSirius Petroleum plc
Dates EmployedFeb 2018 – Present
Employment Duration2 yrs 7 mos
LocationLondon and Lagos
Sirius Petroleum is an investment company whose shares are quoted on the London Stock Exchange. It is currently considering a number of opportunities in the oil and gas sector with particular focus in Nigeria. Sirius has an agreement in place with Taglient Oil Nigeria Limited, a Nigerian private company owned and managed by Nigerian nationals who have considerable knowledge and contacts within the Nigerian Oil industry.

Ivar Holm D&C Superintendent
Company NameSirius Petroleum
Dates EmployedJan 2018 - present
Employment Duration2yrs 8 months

Tomi Olatunde
Sirius Petroleum plc
Project Management Officer
Company NameSirius Petroleum plc
Dates Employed2014 – Present
Employment Duration6 yrs

[htrocka2] 21/8/2020 11:48

I'm sure these CEO's all refer to the same manual when issuing news items.....For all we know, Andrea, below, could be talking about ororo. PS....makes you wonder what chance of success ZEN have....when they haven't even got the funds in place?...and only been given two years to produce oil.




Andrea Cattaneo, Chief Executive Officer,(ZEN) commented:

Further, the near-term production potential of certain assets is expected to facilitate the achievement of financing agreements to support the required acquisition and development costs necessary to restore commercial production from these assets.

I look forward with great enthusiasm to further progressing this opportunity.”

[dr rosso] 21/8/2020 11:22

The remuneration of the Directors was as follows:Year to 31 December 2018



JPryde OKuti MHenderson SHawkins THayward CNeal Total


Salary and fees 149,055 223,697 146,390 69,868 73,195 60,971 723,176


For doing what?

[5cer] 21/8/2020 11:19

Yes - we know that they do not keep their website up to date - yet another shortcoming of this flawed bod.

[dr rosso] 21/8/2020 11:09

From the website....

"There are currently six directors on the board of the company."


Er, no. There are 5. Six minus one = five.

[bronislav] 21/8/2020 10:37

Htrocka i would assume with AFC on board barak are not needed any more and sirius have a track record of changing course .BTG PACTUAL an example.

[htrocka2] 21/8/2020 10:11

Bron…...I have no debt, no offices to run, no employees, no wages to pay... but I doubt I could get hold of $10m.

[bronislav] 21/8/2020 09:55

10 million quids worth of faith htrocka.

[vatnabrekk] 21/8/2020 09:32

I don't think you can read anything into the current MCAP because it is based on the share price which has been stuck in limbo since trading was suspended, and therefore does not reflect the current situation.

At the time of suspension there was an air of optimism because we were looking at the possibility of completing the OM 109 project (the RTO) and entering into a new operational phase at some early point. If suspension was to be suddenly lifted today, hypothetically as we currently stand with no further news updates, who knows where the SP/MCAP might settle. Probably not where it was at the time of suspension.

[htrocka2] 21/8/2020 09:19

'...do you believe we have world class assets and infastructure?...'


Faith is one thing, fact is something else... I know for a Fact that Hurricane Energy produces 17,000 bopd yet has a market cap of about six times that of SRSP.

[solarno lopez] 21/8/2020 08:05

I was asking Xerot but thank you for your pointless words

[sherl0ck] 21/8/2020 08:01

...an old lady who swallowed a fly

[solarno lopez] 21/8/2020 07:13

20 Aug '20 - 20:53 - 104441 of 104451
0 1 0
Sherlock knows.

What exactly does Sherlock know XEROT ?

[vatnabrekk] 20/8/2020 22:25

We live in hope!

[bronislav] 20/8/2020 22:23

Vattnabrek given you agree that Mr Craven knows more than most on here and has to have seen enough to persuade him to commit 10 million albeit in escrow surely his words are more likely to be close to the reality.

[vatnabrekk] 20/8/2020 22:10

I think my perception of Sirius is probably fairly similar to most posters on here. I know nothing about why JC said Sirius have world class assets, no idea what he was talking about, but I assume he had his reasons. I'm sure he knows more than I / we know!

Regarding his comments about gas, obviously I don't know where he was coming from, but it might be fair to assume that he was talking about gas at Ororo (GP now know this for certain!) and we know that there is gas at OML 114.

I believe that it is very likely that Sirius is more interested in gas assets than in oil assets, in the long run. Most wells produce both, albeit in greater or lesser proportions.

But I'm afraid I'm not one of those who believe that Sirius has been busy spending $millions on infrastructure. For me, that's a bridge too far, but each to his/her own.