Sirius makes shift to operating firm as Ororo partners sign joint operating deal


Sirius Petroleum (AIM: SRSP), the investing company focused on oil and gas exploration and development opportunities in Nigeria, is pleased to announce that a Joint Operating Agreement has now been signed by Sirius and its partners for the development of the Ororo Field (“JOA”).

The JOA enables Sirius to transition from an investing company to an operating company and as such Sirius is required under the AIM Rules for Companies to seek shareholder approval and re-admission of its ordinary shares to trading on AIM pursuant to AIM Rule 14. Sirius has requested a Temporary Suspension in the trading of its Ordinary Shares pending the publication of an Admission Document (“Admission Document”) containing a notice of General Meeting.

The Company is in the process of preparing the Admission Document and Notice of General Meeting which will be sent to shareholders in due course and which will also be made available on the Company’s website at