Sirius Petroleum Share Discussion Threads

[bronislav] 14/1/2021 13:31

Vat.I thought we established the UGO ocha was on oml 109.?
In October of 2020 it was claimed that 119 was about to recieve the Tamara Tokoni so if your research is correct there must have been a delay.I think it cost around 40 million dollars so I doubt that sort of investment is good if the FPSO is sat idle.

[vatnabrekk] 14/1/2021 13:24

Bron, thought I would just clarify a point you raised in your post 108014:

The FPSO Mystras has been on OML 119 since 2008. It is now in poor shape and suffering from fatigue (like some of us here!) and was due to be replaced in October 2019 by the FPSO Tamara Tokoni currently sitting on the Oyo field in OML 120, but there has been a delay and the two FPSOs are both still sitting where they were.

OML 109 doesn't have a FPSO on the asset as far as I am aware. They were previously exporting their oil through the Trinity Spirit on Ukpokiti in OML 108, but I don't think that FPSO is there any more.

[riskybisky] 14/1/2021 13:17

"I would suggest that they've moved to the starting blocks....and getting ready for the off ."

Let's hope they remembered to tie their laces and are facing the right way

[futureisbright] 14/1/2021 11:43

Bron, interesting you raise 113

[futureisbright] 14/1/2021 11:42

Let’s hope so HT 👍

[htrocka2] 14/1/2021 11:03

Thanks qp….it seems a lot of work has been done in the background...I would suggest that they've moved to the starting blocks....and getting ready for the off .

[qprallan] 14/1/2021 10:36

"QPR you can't post links like that from Co.House - they expire quickly and become useless ;)"

Thanks for the heads up. I wasn#t aware of that.

[bronislav] 14/1/2021 10:22

Is it Indicative of how starved we are of genuine progress of sirius that we are excited by 45 pages of legal requirements.Other than the mention of consolidation and name change I can't see much to get the pulse rating.
On a positive note 119 has now a FPSO on the asset and 113 has an FPSO on the asset and 109 has a FPSO on the asset.The 119 FPSO has only recently arrived and this would suggest that oil is flowing and being stored.With Nigeria limited to what they can export re OPEC restrictions where do people think this oil will be going?

[witchywoo] 14/1/2021 10:10

QPR you can't post links like that from Co.House - they expire quickly and become useless ;)

[qprallan] 14/1/2021 08:43

That was a quick 5 days !

[dr rosso] 13/1/2021 20:20

Another 1m change hands on JPJ. Sellers offload for a variety of reasons not necessarily connected with any feelings for the Co. share prospects. Buyers appear for one prime reason ie they want the shares. Somebody is hoovering up the loose ends.

[dr rosso] 13/1/2021 20:12

Agreed. A full decade associated with failure to produce anything, accompanied by amateurish reporting and an abysmal website. Brand new name needed for a new image and credibility as an O&G producer.

[1sonic] 13/1/2021 18:52

Won’t have the name Sirius anymore is my thinking

[dr rosso] 13/1/2021 18:50

Sirius Oil and Gas. Waiting in the wings.

[vatnabrekk] 13/1/2021 18:28

Thanks for the clarification SIB.

[sirianbotham] 13/1/2021 17:59

In Sirius Name

Article 4 allows for a change of name of the company without a GM / Vote. In the past it required a shareholder vote but under the change to company act it became a standard article and there was no need for a company to vote on it if they included it the Articles of Association (part of the template so to speak).

[sirianbotham] 13/1/2021 17:56

PROPOSED NEW ARTICLES OF
ASSOCIATION
of Sirius Petroleum PLC
Public company limited by shares
(Adopted under the Companies Act 2006 by special
resolution passed on [• ] 2020)

They are on the Sirius website. voted on at AGM and now in the process of being uploaded to Companies House

[xerot] 13/1/2021 17:41

Don't feed him bron he'll never shut up lol going on about flying saucers and chickens armed with machine guns next.

[bronislav] 13/1/2021 17:36

What is your take on sirius and the future oliver.

[qprallan] 13/1/2021 17:35

May not have to wait the 5 days referred to on Companies House. The last time they put 5 days the item was there the next day if I remember correctly.

[oliversanvil] 13/1/2021 17:21

Oil rags-time to change your large diaper. For the last 10 years + The SRSP BOD's have been using the sharholders as a tampon.A very narrow perspective, and not seeing or aware of all the facts.

[deadly nightshade] 13/1/2021 16:42

Maybe one of the articles is a proposed name change of Sirius, that would then tie in with AGM bestdeal?