Continental Focus, International Reach

Sirius Reaches Targeted Depth on Ororo

Monday, April 8, 2019

Sirius Petroleum has reached target depth on its current drilling operations offshore Nigeria on the Ororo field using the Adriatic-1 drilling rig. The company is awaiting a further update from Shelf Drilling regarding the release of the Adriatic-1, which is currently stationed in the adjacent license to the Ororo field.

In order to retain its current license, the company is required to bring the Ororo field into production on or before May 1. Sirius said that given the approaching timeline, it has taken the decision to seek a further extension to the term of the license from the Department of Petroleum Resources, which has already been granted on two previous occasions.