Update on the Publication of Financial Accounts

21 June 2019

Sirius Petroleum Plc

("Sirius" or "the Company")

Update on the Publication of Financial Accounts

The Company wishes to advise that it will not be in a position to publish its 2018 financial accounts by 30 June 2019. The Company was preparing its 2018 financial accounts on the basis it had signed a conditional farm-in agreement and conditional joint operating agreement on a Nigerian oil and gas field in advance of publication of the accounts. The proposed transaction (which is not related to the transaction notified on 4 December 2018 and 18 February 2019 in relation to OML 109) has been unavoidably delayed and as a consequence, the publication of the 2018 financial accounts has been delayed. The Company will provide appropriate updates on the status of the proposed transaction and timing for the publication of 2018 financial accounts as soon as it is able.

Enquiries:

Sirius Petroleum +44 20 3740 7460

Bobo Kuti, CEO

Mark Henderson, CFO

Cantor Fitzgerald Europe (Nomad and Broker) +44 20 7894 7000

David Porter

Rick Thompson

Gable Communications +44 20 7193 7463

John Bick srsp@gablecommunications.com 

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 ("MAR"). Upon the publication of this announcement via Regulatory Information Service ("RIS"), this inside information is now considered to be in the public domain.