Sirius Gets OSVs From Tidewater For Ororo Drilling Campaign

Sirius Gets OSVs From Tidewater For Ororo Drilling Campaign

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 arranged for the provision of Offshore Service Vessels (“OSVs”) through Tidewater Marine International, Inc, with the signing of an OSV Contract for a multi well campaign as part of Sirius’ shallow offshore development strategy in Nigeria.

Tidewater Marine International, Inc are the international technical partner to leading Nigerian marine support company T1 Marine Services Ltd who will act as Contract Principals to the Company and have signed the OSV Contract with Sirius.

About Tidewater Marine International, Inc and T1 Marine Services Ltd:

Tidewater Marine International, Inc is wholly owned by NYSE-listed Tidewater Inc, (“Tidewater”) the leading provider of OSVs to the global energy industry. Tidewater has a global footprint, with over 90 percent of its fleet working internationally in more than 60 countries. Its services range from supply and crew transportation, towing and anchor handling as well as a variety of other specialised marine support services in the offshore industry.

T1 Marine Services Ltd is a leading indigenous company offering a wide range of marine support services focused exclusively in the Nigerian offshore industry. T1 Marine Services Ltd owns and operates offshore service vessels in support of all phases of offshore oil and gas exploration, development and production.

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