Sirius Petroleum is an Africa-focused oil and gas development, production and exploration company, focused on building a range of diversified producing and development assets.
Sirius is working in partnership with the team at Anglo Tunisian Oil and Gas Limited (“ATOG”), on its portfolio interests in Tunisia comprising a mix of onshore and offshore production, development and exploration assets, which comprises five onshore licences in the Ghadames basin, three of which are operated, and two offshore operated licences in the Gulf of Hammamet.
The Company continues to work on opportunities in Nigeria, as well as other parts of Africa, which are each at varying stages of reappraisal and development following the period of volatility in the oil market. Despite that, and the challenges presented to us all by the pandemic, we continue to work with funding partners and our range of operating consortium partners on the optimum route to progress assets that meet our respective investment criteria. The Company will update shareholders on each project as and when it is commercially appropriate to do so.
Intention to seek a listing on AIM
In addition, the Company has commenced the process for the proposed admission of the Company’s ordinary shares on London’s AIM market in 2021. We will update shareholders on this process in due course.
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Mr Pryde, aged 74, is a Chartered Certified Accountant and has held various senior management positions in the investment banking industry. He is a former director and head of corporate finance at Henry Ansbacher & Co. and a former Vice-President of corporate finance at Canaccord Capital. He left Jefferies International as director of equity capital markets in May 2010. He has extensive experience of advising companies in the resources and energy sectors.
Mr Kuti, aged 34, obtained a BA from Duke University, USA. He studied Economics & Psychology and also received a Markets and Management Certificate. Since University he has worked as an Investment Advisor for a South African investment fund, Huxton Capital. He was instrumental in the formation and structuring of the Company’s contact base in Nigeria and has responsibility for maintenance of those relations. He has been the CEO of Sirius since September 2013.
Mr Hayward, aged 61, is a chartered accountant and has been an investment banker since 1984. He was a director of corporate finance at Singer & Friedlander Limited and Henry Ansbacher & Co. Limited before becoming Head of Oil and Gas Equity Capital Markets at Canaccord Adams. He joined Jefferies International Limited as a managing director in 2005 with responsibility for the UK Equity Capital Markets and listed clients in the exploration and production sectors. He also undertook nominated adviser responsibilities. He left Jefferies in June 2008 to concentrate on a number of private initiatives. He has also previously held the positions of chairman and non-executive director at Severfield plc and non-executive director and interim CEO at Afren plc.
Mr Hawkins, aged 59, has over 30 years of experience in oil and gas finance, having worked in both the industry and in investment banking. Having had nine years international experience with the Royal Dutch Shell group of companies in London, The Netherlands and Nigeria, he became a director and equity analyst at UBS, Dresdner Kleinwort, Ambrian Partners, MF Global and N+1 Singer. After two years at Afren plc, where he was the global head of investor relations, Mr Hawkins served for a year on the board at Sirius. He is a member of the Chartered Institute of Public Finance & Accountancy, holds a BSc Econ (Hons) in Economics from the University of Wales and a postgraduate certificate in Oil and Gas Financial Management from the University of North Texas. Mr Hawkins was ranked number one by Thomson Extel for his coverage of European Gas while at UBS.