Sirius Petroleum seeks another extension at Ororo field
5th Apr 2019 11:51
(Sharecast News) - Nigeria-focused oil and gas development and production company Sirius Petroleum announced on Friday that Shelf Drilling's Adriatic-1 rig had reached target depth on its current operation, and was concluding the testing and logging programme.
Read moreSirius Petroleum enters crude handling agreement at Ugo-Ocha
11th Feb 2019 15:58
(Sharecast News) - Nigeria-focussed oil and gas development and production company Sirius Petroleum has entered into a crude handling agreement (CHA) in line with its commercial offshore strategy, with the terminal operator of the Ugo-Ocha floating storage and offloading unit (FSO), with offtake from production wells delivered via coastal tankers to the FSO, it announced on Monday.
Read moreSirius Petroleum acquires stake near-term producer
4th Dec 2018 08:28
(Sharecast News) - Sirius Petroleum has struck a deal that will provide the Nigeria-focused oil and gas outfit with access to near-term production growth and low-risk exploration potential.
Read moreSirius Petroleum raises £850,000, in milestone contract with Schlumberger
19th Dec 2016 14:49
(ShareCast News) - Sirius Petroleum has raised £850,000 gross at 0.5p a share following firm commitments from new and existing shareholders in respect of subscriptions for 170m shares. The net proceeds would be used for additional working capital purposes commensurate with Sirius' accelerated activi
Read moreSirius Petroleum signs well management contract for Nigeria oil field
18th Nov 2016 08:04
(ShareCast News) - Oil and gas investor Sirius Petroleum has signed a well management contract with Add Energy Group, for a multi-well campaign as part of an offshore development in Nigeria. Sirius will drill, complete, and produce wells as part of the contract, which which will start in the first h
Read moreTuesday broker round-up UPDATE
22nd Apr 2014 07:39
ARM Holdings: Goldman Sachs cuts target price from 1500p to 1450p and keeps a buy recommendation. Ashtead Group: Investec increases target price from 800p to 1100p and keeps a buy recommendation. Babcock International: Investec cuts target price from 1385p to 1377p, while upgrading to buy. Beazle
Read moreSirius Petroleum finds more oil than expected at Ororo
10th Dec 2013 10:08
AIM-listed Sirius Petroleum has discovered that its Ororo field offshore Nigeria is larger than first expected. An independent evaluation conducted by Schlumberger on the shallow-water Ororo Field confirmed estimated hydrocarbons in place of between 35.2-44.1 million stock tank barrels of oil (MMST
Read moreResource round-up: Sirius Petroleum, Thor Mining, KEFI Minerals ...
31st Jul 2012 11:53
Gold and copper exploration company KEFI Minerals pleased investors after it said tests on a site in Saudi Arabia confirmed the presence of high grade gold and silver over substantial widths and strike lengths. It said diamond drilling would begin at the Jibal Qutman Licence in the current quarter.
Read moreResource round-up: Frontera, Ariana, Copper Development, Gold Oil
29th Jun 2012 11:36
Frontera Resources, the Georgia- (USA) focused oil company has reported falling revenues for full year 2011. Crude oil sales fell from 8.3m dollar in 2010 to 7.4m dollars in 2011. The company also completed a restructuring during the year resulting in a net loss of 119.9m dollars compared to 63.9m d
Read moreResources Round-up: Ferrex, Egdon, Sirius...
14th Mar 2012 14:56
Ferrex, an iron ore and manganese development company, has received approval from the Department of Mineral Resources of South Africa to take control of Umbono Minerals Holdings, which holds exploration rights over the Leinster Manganese Project in the Northern Cape Province, South Africa. According
Read moreSirius extends losses but eyes new oil fields
22nd Aug 2011 09:04
Oil and gas exploration firm, Sirius Petroleum, recorded a big jump in losses but news of potential oil field targets buoyed shares. The company posted losses of $10.3m in the six months to the end of June, giving a loss per share of 1.63c. Sirius' figures showed a loss of $828,000 in the first fi
Read moreSmall cap round-up: Nighthawk, Renold, Scapa...
14th Oct 2010 11:51
US-focused oil and gas group Nighthawk has secured a £25m equity finance facility "to continue the development of the company's asset base." Chain-maker Renold has continued to see strong sales. "The strengthening order book gives good confidence for the third quarter," it said. "While visibil
Read moreSmall caps round-up: Sirius, Catalyst Media, Globus Maritime...
2nd Dec 2009 07:59
Sirius Petroleum has raised £1.1m through a placing at 6p to cover the costs of due diligence on an as yet unnamed acquisition target and to provide working capital. The fund raising is part of Sirus's strategy to neter joint venture partnerships on marginal fields. Shares in Catalyst Media jumped
Read moreSmall cap round-up: Provexis, Puricore, Sirius, Sopheon, Spiritel
3rd Nov 2009 12:16
Food technology group Provexis says it has been told that the European Commission review into the health claim wording for its Fruitflow anti-thrombatic technology for use on consumer products is now in "an advanced stage". Puricore's third quarter sales rose 25% to $10.8m, with the nine month tot
Read moreSirius directors pick up 6m shares
15th Oct 2009 16:28
Sirius Petroleum is at its highest in 3½ years on news that directors have bought £300,000 of shares in the AIM-listed oil company. Mike Hirschfield, former group finance executive of Lupus Capital, snapped up 3.1m shares at 5p each, costing him £155,000. Fellow director Toby Hayward shelled out £
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