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Sirius Petroleum Corporate News

Vendor Finance Contract Signed with COSL for Jack-up Rig

16 Nov 2016

Sirius Petroleum (AIM: SRSP), the investing company focused on oil and gas exploration and development opportunities in Nigeria, is pleased to announce that it has entered into a key vendor financed offshore drilling contract (“Vendor Finance Contract”) with COSL Drilling Pan-Pacific Limited (“COSL”), for the provision of a high specification jack-up rig that will be utilised by the Company to drill a multi well campaign as part of its shallow offshore development strategy in Nigeria, commencing in the first half of 2017.


Notice of Annual General Meeting

25 Oct 2016

Sirius (AIM:SRSP), the investing Company focussed on oil and gas development and production opportunities in Nigeria, announces it has today posted to shareholders the Notice convening the Company’s Annual General Meeting (“AGM”). The AGM will be held at 10 am on Thursday, 17 November 2016 at the offices of Fladgate LLP, 16 Great Queen Street, London, WC2B 5DG. Copies of the Notice of AGM will be available on the Company’s website shortly.


Half Year Report for the six month period ended 30 June 2016

27 Sep 2016

Sirius Petroleum (AIM:SRSP), the investing Company focused on oil and gas development and production opportunities in Nigeria, announces its interim results for the six month period ended 30 June 2016.


Competent Persons Report on the Ororo Field & Convertible Loan of £500,000

08 Sep 2016

Sirius Petroleum (AIM: SRSP), the investing company focused on oil and gas exploration and development opportunities in Nigeria, is pleased to announce the results of a Competent Persons Report (“CPR” or “Report”) for the Ororo Field (“Ororo”) in OML 95 located in shallow waters offshore Ondo State.


Appointment of Nominated Advisor

08 Sep 2016

Sirius Petroleum (AIM: SRSP), the investing company focused on oil and gas exploration and development opportunities in Nigeria is pleased to announce the appointment of Cantor Fitzgerald as the Company’s Nominated Adviser with immediate effect.  Cantor Fitzgerald is already the Company’s corporate broker and will continue in this role going forward.


Fundraising Confirmation

25 Jul 2016

Pursuant to the Company’s announcement of an equity fundraising on 12 July 2016, the board of Sirius is pleased to confirm that following receipt of subscription proceeds, application has been made for the admission of 200,000,000 new ordinary shares to trading on AIM (“Subscription Shares”).  It is expected that the Subscription Shares will be admitted to trading on AIM on or around 27 July 2016.


Federal Ministry of Environment Approval

20 Jul 2016

Sirius Petroleum Plc (AIM: SRSP), the investing company focused on oil and gas exploration and development opportunities in Nigeria, is pleased to announce that the Nigerian Federal Ministry of Environment has approved the Environmental Impact Assessment  Survey ("EIA") on the Ororo Field Licence (OML 95) (“Licence”).


Three-Year Renewal of Ororo Field Licence, Issue of Equity

12 Jul 2016

Sirius Petroleum Plc (AIM: SRSP), the investing company focused on oil and gas exploration and development opportunities in Nigeria, is pleased to announce that the Nigerian Federal Ministry of Petroleum Resources (FMPR) has agreed to grant the Ororo Field Partners a three-year extension to the Ororo Field Licence (OML 95) (“Licence”) with effect from 1 May 2016. Renewal of the licence is conditional on the payment of a Renewal Fee of $500,000 (“Renewal Fee”) by no later than 29 July 2016.


Posting of 2015 Annual Report and Accounts

30 Jun 2016

Sirius has today posted its 2015 Annual Report and Accounts to shareholders. A copy is available for download on the Company’s website, http://www.siriuspetroleum.com.


Final Results for the year ended 31 December 2015

30 Jun 2016

Sirius (AIM:SRSP), the investing Company focussed on oil and gas development and production opportunities in Nigeria, announces its audited Final Results for the twelve-month period ended 31 December 2015.  During the period, the Company’s focus has been on reviewing the opportunities available to the Company, both in terms of assets in Nigeria and the optimum financing and long-term strategy for developing those assets.


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