MEDIA/NEWS NAVIGATION
Sirius Petroleum Corporate News
25 Mar 2012
Further to the announcement of 31 January 2012, the board of directors of Sirius (the “Board”) is pleased to provide an interim update on the Competent Person’s Report (“CPR”) commissioned on the Ororo marginal oil field (the “Ororo Field”) from Gaffney Cline & Associates (“GCA”). Progress continues to be satisfactory, and additional data have been procured to support the potential for incremental sands deeper in the field which were not penetrated by the Ororo-1 well. As a result, Sirius has asked GCA to undertake additional analysis with a view to quantifying the potential upside from the additional sands, which has led to a longer timescale in producing the report than initially envisaged.
20 Feb 2012
The Company announces that it has received notice to exercise warrants over 60,000,000 new ordinary shares of 0.25 pence each in the Company (“Ordinary Shares) from EMMEF Investments Limited (“EMMEF”) at an exercise price of 0.25 pence per Ordinary Share. Accordingly, the Company will issue 60,000,000 new Ordinary Shares in settlement of this exercise (the “Warrant Exercise”).
31 Jan 2012
Sirius (AIM:SRSP), the investing company focussed on oil and gas exploration and development opportunities in Nigeria, announced on 10 October 2011 that the Company had entered into a Financial and Technical Services Agreement (“FTSA” or “the Agreement”) with Owena Oil and Gas Limited (“Owena”) and Guarantee Petroleum Company Limited (“Guarantee”) in relation to a proposed investment in the Ororo marginal oil field which is located in Oil Mining Lease 95 (“OML 95”) in shallow water offshore Ondo State, Nigeria, in water depths ranging between 23ft and 27ft.
19 Jan 2012
Sirius (AIM:SRSP), the investing company focused on oil and gas exploration and development opportunities in West Africa, announces that it has changed its registered office to Floor 3, 13 Charles II Street, London, SW1Y 4QU, with immediate effect.
Grant of Share Options and Warrants
11 Oct 2011
Sirius (AIM:SRSP), the investing company focussed on oil and gas exploration and development opportunities in West Africa, announces that it has granted options over new ordinary shares to directors and employees, and granted warrants to key consultants.
Proposed Farm-in to First Marginal Field
10 Oct 2011
Sirius (AIM:SRSP), the investing company focussed on oil and gas exploration and development opportunities in Nigeria, announces that it has entered into a Financial and Technical Services Agreement (“FTSA” or “the Agreement”) with Owena Oil and Gas Limited (“Owena”) and Guarantee Petroleum Company Limited (“Guarantee”) in relation to a proposed investment in the Ororo marginal oil field which is located in Oil Mining Lease 95 (“OML 95”) in Nigeria.
23 Sep 2011
Sirius Petroleum confirms that, further to the announcement made on 14 September 2011, the 12,500,000 subscription shares have today been admitted to trading on AIM.
Directorate Changes and Subscription
14 Sep 2011
Sirius (AIM: SRSP.L) is pleased to announce the appointment of Ed Johnson as Chief Executive. Ed was recently appointed to the board of directors of Sirius (the “Board”) as Commercial Director to advise the Company on its acquisition strategy, where Siriusis currently considering a number of opportunities in the oil and gas sector with a particular focus in Nigeria. The Board has decided to accelerate Ed’s appointment to Chief Executive in order to drive the Company’s development programme and build out the operational management team in line with the Company’s strategy to grow its oil & gas assets under management. Toby Hayward will revert to Non-Executive Director with immediate effect. The Company also announces a Subscription of 12,500,000 new ordinary shares in Sirius (“New Ordinary Shares”) raising £487,750 (net of expenses) to complement the Company’s existing working capital resources as the management team accelerates the operational infrastructure ahead of the Company’s first asset acquisition.
22 Aug 2011
Sirius (AIM:SRSP), the oil and gas exploration and development company, was today notified that the following Directors have purchased ordinary shares in the Company
Interim Results for the six month period ended 30 June 2011
22 Aug 2011
Interim Results for the six month period ended 30 June 2011
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