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Share Name Share Symbol Market Type Share ISIN Share Description
Sirius Petroleum Plc LSE:SRSP London Ordinary Share GB00B03VVN93 ORD 0.25P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 0.40 - 0.00 00:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 0.0 -2.3 -0.1 - 15

Sirius Petroleum Share Discussion Threads

Showing 111726 to 111749 of 112550 messages
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DateSubjectAuthorDiscuss
24/9/2020
13:55
all we need now is the big reveal from SRSP!
bestdeal1
24/9/2020
13:47
Taken from published (and probably old) numbers so use as a guide only - Bir Ben Tartar concession - 2,400 bop/d from 4 of 7 wells - productive capacity of the field is approximately 2,700-2,800 - TT structure & BJA-2 100% owned ADAM concession 5% of 9k bopd Cosmos - Probable reserves of 6.3 mmbbls – 80% owned Sud Remada - The TT2 well has produced more than 105,000 bbl of sweet, 44° gravity crude on natural flow. Exploration well? 100% owned Other assets are - Borj El Khadra Permit 10% - Yasmin 100% - Jenein Centre Permit 65% Total asset reserves - 9.45MMbo net (estimated)
minichris
24/9/2020
13:09
The twist comes when you realise that Medco was the original owners of the Tunisian assets that ATOG purchased. The same Medco that purchased Ophir where Jonathan Taylor was co-founder and James Berwick was senior. The same Jonathan Taylor who now sits on the ATOG board with James Berwick. Round and round we go.
minichris
24/9/2020
12:57
David Sefton and James Berwick therefore incorporated Anglo Tunisian Oil & Gas Ltd ("ATOG") as the SPV for the purposes of the Proposed Acquisition on 22 March 2019. ATOG has to date been financed by a loan from EHGOS. This loan has been used to finance the initial payment for the assets relating to the Proposed Acquisition. In conjunction with the provision of the loan, EHGOS acquired a 50% equity interest in ATOG for a nominal amount and three representatives of EHGOS were appointed to the board of ATOG. David Sefton and James Berwick are also directors of ATOG. At present, the share capital of ATOG is held 50% by EHGOS and 50% by a vehicle owned and controlled by David Sefton and James Berwick. The Company will continue to review whether any transaction between ATOG and AAOG should be treated as a related party transaction pursuant to the AIM Rules for Companies. The addition to the agreement with EHGOS, which is advised by Alpha Blue Ocean, At the beginning of March 2019, the AAOG board decided not to pursue the Proposed Acquisition. Following consultation with the Company's major shareholders, it was agreed that the best strategy for the Company was to focus on its existing asset. So it appears that it goes like this - AAOG pulled out, ATOG (as the original AAOG SPV) took the Trafigura money and paid off Blue Ocean and EHGOS which saw the 3 poker players leave the board. This left ATOG as an independent company. We then see Taylor come on board and we assume they start looking for a partner with the technical expertise and access to funding.
minichris
24/9/2020
12:34
Well going off this threads discussions we have an interest in Dunraven ATOG and drilling imminent on 114.Add to that 9 billion of euro dollar sterling bonds and the future looks extremely rosy.Big thanks to the excellent research from Drrosso and others...Wonder if we will get an update soon.
bronislav
24/9/2020
11:39
Desperate for news was in 2018 a year after the AD and we still had no news! It's gone way beyond that now, not sure there is a word in the dictionary which would do it justice for shareholders need for news atm!
shez20
24/9/2020
11:32
@Bleemster Your wife is more than a 4.5 mate, dont be so mean! Lol
minichris
24/9/2020
11:14
Desperate for some good news here
xerot
24/9/2020
11:06
All we need now is an announcement to shareholders, with an AD attached!
vatnabrekk
24/9/2020
11:00
HAVOC have revamped the website….we're still there' 'NIGERIA, SIRIUS PETROLEUM Sirius Petroleum is an AIM listed company (SRSP:AIM) focused on oil and gas development and production opportunities in Nigeria. Havoc provides technical services to Sirius and has two representatives on the Technical Advisory Committee (TAC). ​Havoc Partners are currently assisting Sirius with the planning, drilling and development of the Ororo oil and gas field, OML 95.' ps The John Taylor/Tunisia connection is that Medco bought out Orphir in 2019 (not sure if he still had a small holding at the time)... Havoc that would be the obvious prime movers there....hence the Sirius connection.(in my opinion) HTTPS://www.africaintelligence.com/oil--gas_exploration-production/2020/02/18/ex-ophir-and-havoc-crew-board-ship-at-anglo-tunisian-oil--gas,108394281-bre HTTPS://anglotunisianoilandgas.com/ (They're all there.....we might get a 'look-in' via the back door.) HTTPS://anglotunisianoilandgas.com/about/our-team/ ​
htrocka2
24/9/2020
10:39
What about a solid 4 (4.5 at a push) wife? She comes with psychotic issues as a free bonus!
bleemster
24/9/2020
09:31
@drrosso "BP and Glencore would consign Trafigura to the bin" *Trafigura operates 65 offices in 36 countries *Trafigura is the third-largest physical commodities trading group in the world behind Vitol and Glencore. *Revenue of USD 31.2 billion (2013) Glencore are big, but its not like Trafigura are small fry, its like dumping your solid 8 girlfriend for a low 9. :p
minichris
24/9/2020
08:29
@HT Indeed it could be that Trafigura turned them down, however that doesnt seem logical. Would they not want to ensure the money they have invested has a healthy return? Funding the development of the assets guarantees their return and I'm sure a nice profit on top if the deal is structured right.
minichris
24/9/2020
07:59
minichris... 'What I cant explain is why ATOG who had the option to secure financing from Trafigura as part of their deal, would turn that down in favour of whatever Sirius are offering' It sounds like 'spin' to me...and Trafigura did the turning down.(Now that BP have gone 'all green' and divesting themselves from hydro-carbons makes me wonder if the £20m off-take is still on?) 'ATOG spun off from dodgy AAOG' AAOG are in dire straights and looks as if they're headed for the 'knackers yard'....which is a poor reflection on ATOG.
htrocka2
24/9/2020
07:43
O/T COPL are going through a similar scenario to srsp in that various licence extensions are being 'held-up'. The problem is that while the DPR delays the extension, the field licence 'clock' is ticking with no account given against the loss of time taken by the DPR delay. The bottom line being...Nigeria complains about the loss production but in reality needs to get its act together.....unless of course they have some ulterior motive for these delays. 'COPL is confident that it will receive confirmation of its exploration licence extension during Q4 2020. No notice of termination has been received by COPL's Nigerian Affiliate, which under the terms of the PSC would need to be issued sixty days before the 30th September 2020 expiry date. The two previous extensions to the drilling license at OPL 226 were received by the Nigerian Affiliate post the previous expiration dates.'
htrocka2
24/9/2020
07:41
Well Autumn is here will they stick to there words and get a deal signed off on this new rumoured asset.Let's hope so 2021 needs to see this relist and allow us to get trading again.
aventador
23/9/2020
21:13
hTTps://dunravenresources.com/wp-content/uploads/Corporate-presentation-Feb_2020.pdf Page 11 "Current intention to farm-down interest in Mahdia to credible joint-venturer(s) to reduce costs, mitigate potential risks."
dr rosso
23/9/2020
21:06
Henderson?
minichris
23/9/2020
20:12
Dunraven resources cfo link......?????
rpat2
23/9/2020
19:09
No worries captminion, and I can't disagree with what you're saying. Good luck to you too!
carc
23/9/2020
18:31
carc thanks for trying to explain the new findings but it remains an Enigma to me. I put my money into Ororo so any mention of Tunisia and I immediately go to tilt! But I’m glad your not an imposter although you must have been AWOL for a long period of time. My only observation would be is that all these unsavoury characters and murky dealings you mention doesn’t give me much confidence in the legitimacy of this and or any previous dealings. But regardless I’ll take anything at the moment good luck !
captminion
23/9/2020
17:59
What I cant explain is why ATOG who had the option to secure financing from Trafigura as part of their deal, would turn that down in favour of whatever Sirius are offering.
minichris
23/9/2020
17:53
ATOG spun off from dodgy AAOG to acquire and develop a number of attractive licences in N. Africa. As with many O&G start-ups the big problem has been finance. Firstly an Alpha loan, then a further bottom-of-the-barrel foray into CLN world of Riverfort and Yorkville. The interesting thing about ATOG is that it is full of Sirius-associated personnel. If they could procure reasonably structured finance and pay off the trio of death spiral merchants, the smallish (10mb)offshore assets look ripe for development by what is basically the same technical consortium that Sirius has put together.
dr rosso
23/9/2020
17:44
Been around a long time Captminion and I'm just as frustrated as you are. Which bit is confusing? Drrosso posted an interesting link to ATOG - who last November signed a deal to acquire Tunisian assets from Medco Energi, an international oil and gas E & P. Leading up to the acquisition, the directors of Alpha Blue Ocean group (who provided the wonga loan to Sirius last year), were also directors of ATOG.Shortly after the acquisition, Jon Taylor who is/was a Sirius advisor was appointed as a director of ATOG. The acquisition was executed via an SPV subsidiary of ATOG called ATOG Midway Ltd who now own the assets. Jon Taylor and one of the Alpha Blue directors, Hugo Pingray, are still currently directors of this company.
carc
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