Sirius Petroleum Share Discussion Threads

[deadly nightshade] 31/12/2020 16:22

Gonna be a busy year by the sounds of it sherl0ck just be lovely if as soon as January comes the ball starts rolling straight away to show some good intentions and start some momentum here

[billyrayvalentine] 31/12/2020 16:13

...hope 2021 will be much better on all fronts, Chin-Chin!

[sherl0ck] 31/12/2020 15:16

Capex planned for 2021 is at least $75m (portion of $100m loan to be drawn) and could be more once revenue is also utilised. For context, Seplat spent $88m capex in 2018 and $125m in 2019.

I’m looking forward to a double-digit number of wells drilled next year.... and whilst we expect to receive the Ororo licence renewal (we submitted FDP this summer), the success of Sirius isn’t contingent upon it. Oh and further substantial acquisitions too as the majors continue to sell stakes across Africa.

[deadly nightshade] 31/12/2020 14:26

Thanks for that post antenna gives us a bit of hope to salvage something positive from this year into next when we all wish for something good to finally happen here and hopefully be reunited again with a sizeable chunk of my life savings in 2021. Best of luck everyone on here looking forward to better times ahead here

[vatnabrekk] 31/12/2020 13:35

Wishing all shareholders prosperity in 2021!

[solarno lopez] 31/12/2020 12:55

Thank you Antenna and best wishes to you and the family

[sirianbotham] 31/12/2020 12:52

Ororo and PIB seem to be irrelevant

[sirianbotham] 31/12/2020 12:51

Disagree HT. I am sure whoever Srsp are talking too are fully aware if Srsp history and know more about ororo than we do. If anything experience on ororo demonstrates need for the right expertise.

[oliversanvil] 31/12/2020 12:50

All the best for 2021 oil rags-------------to riches

[antenna2] 31/12/2020 12:47

To all holders of Sirius..... A very wealthy and healthy New Year. It's going to be very, very exciting.
All the best to everyone.

[htrocka2] 31/12/2020 11:03

vatnabrekk
30 Dec '20 - 17:45 - 107711 of 107721

'Because, as I said, it sounded as if HT was suggesting that Ororo was the only option that SRSP had in Nigeria, and that's not what they were telling us.'

Apologies if I failed to get my point across but was trying to convey why the outcome of the hearing on the 14th of Jan is important, should Owena lose the case, it will probably mean that SRSP will have no choice but to write off about $20m already booked against Ororo….Should this be the case then whatever other plans they may have for Nigeria, having lost all that cash, they'll be no appetite for them, or their backers, going forward on more promises in Nigeria. On the other hand...should Owena succeed, then it's a different ball game.


one for Isonic..

'8000 barrels a day but you think we are going to worry about Ororo...

Get a life'

Do you EVER read rns's?......SRSP bought FOUR Well Heads, and if the EWT was successful, had planned SIX wells for Ororo.

CPR..
'The Mid Case scenario implies peak oil production at 6,000 stb/d and peak gas production at 25 MMScfd, which equates to combined peak production at 10,310 barrels of oil equivalent per day (boepd)'


Why look for another oil field?...this has the potential of 60,000 bopde (The Meren Oil Field, a bit further up the coast and the largest producer in the Delta, has eleven wells...the last time I counted. The Meren Wells also produce water...there's no evidence of water at ororo)

Get a life...I suggest you get a calculator.


ps...Being the 31st..I was rather hoping to see some results out today?

[bronislav] 31/12/2020 10:19

All the best for all on here.Firstly continued good health and secondly peace and contentment and thirdly some reward from Sirius for our amazing patience.Here's to a great 2021.

[aventador] 31/12/2020 09:45

Good luck all for 2021 i believe finally 2021 we will see a return on our Investments.Stay safe.

[bestdeal1] 31/12/2020 09:03

lets hope SRSP moves into 2021 with a real hunger to move forward and deliver Shareholder value, for real. Lets see the funding, development start in Tunisia, the Nigerian asset, revenue and of course a relist. Every long term holder (prisoner) of this stock deserves it!

Best wishes to everyone for 2021. Stay home, stay safe, stay positive.

[1sonic] 30/12/2020 22:02

8000 barrels a day but you think we are going to worry about Ororo...

Get a life

[vatnabrekk] 30/12/2020 21:47

It seems that this bill is likely to affect the deepwater oil industry rather than the shallow water blocks which SRSP appears to be mostly interested in.

[htrocka2] 30/12/2020 20:38

I doubt any O@G company will make a Final Investment Decision, including SRSP, until the PIB has been published in its final form....It already alludes to contain at least a dozen 're-vamped', 'blood-sucking' laws that have yet to be published...that I doubt will please potential funders.

[vatnabrekk] 30/12/2020 19:55

I hope they put the fire out before they hand it back to us!

[dr rosso] 30/12/2020 19:37

Cant imagine GP being invited back to the Ororo party. Hopefully Owena, with Sirius in tow, recover the licence. Sirius great strength lies in sorting funding then bringing in the technical experts. Ororo not in the bid round, so risks being laid up dormant for years, the biggest losers being the people of Ondo State.

[futureisbright] 30/12/2020 19:34

Perhaps HT was talking the normal OT! 😂

[vatnabrekk] 30/12/2020 17:45

Because, as I said, it sounded as if HT was suggesting that Ororo was the only option that SRSP had in Nigeria, and that's not what they were telling us.

[futureisbright] 30/12/2020 17:37

Glad you agree VAT just therefore curious on the prompt back to HT