Amerisur Resources Share Discussion Threads

[bryet] 02/10/2017 15:09

No real reason for drop mms playing games I think won't be long I hope before we continue to move north everything looks good unless we get more unrest from the locals a strong oil price would help.

[99barracuda] 02/10/2017 14:24

Thanks for the link m/l, a mid and long term stonking ROI I reckon

[eggbaconandbubble] 02/10/2017 13:52

POO retreating doesn't help!

[meneither2] 02/10/2017 13:40

Figures looked promising to me, I'm confident this will be well north of the current share price before year end. We were alerted to potential disruption surrounding the papal visit, time to look ahead.

[tyler durden1] 02/10/2017 13:15

A good time to buy

[kerri28] 02/10/2017 13:14

Typical AMER....good news and the share price goes down, bad news and the share price goes down!

[moneylender] 02/10/2017 12:19

Amerisur Resources
More good news from AMER as they release monthly production, OBA throughput and an operational update. Average production per day was 4,022 barrels whilst per operating day was 6,033 b/d with a peak of 7,397 b/d which has now been beaten by flow of 7,400 b/d. At the OBA, average throughput was 6,117 b/d with a peak of 7,137 b/d which should address some of the investor concerns about capacity.

Not much to add to last week’s results but confirmation of the ‘good result’ at Platanillo-21 which has since been placed on production at 1/- b/d and of course will also add to the reserve potential at Pad-2N. The Plat-25 well, a step out from Pad 2N is currently drilling and the company expect logging in mid October. At Mariposa-1 the operator has confirmed that the successful exploration well will go on LTT in mid October as well and CEO John Wardle expects it too will add ‘further material production’ to the company. Last week I interviewed John Wardle, a rare opportunity, and in case you missed it, here is the link.

[chopper harris1] 02/10/2017 12:17

They just make their figures up as they go along, with one eye on any ulterior motive that they may have at any given time. Bunch of shifty shysters.

I don't think many people pay much serious attention to these clowns.

[eggbaconandbubble] 02/10/2017 11:43

What justification do Peel Hunt have to put their TP at 20p?

[boris cobaka] 02/10/2017 10:40

Hmmm gap still a wee bit lower. Volume not massive and market unimpressed at the mo.
Defo some taking profits which is understandable.

[laptop15] 02/10/2017 10:15

Tree shake is all by the mms....way too cheap! False drop on a very good RNS imo

[filterwest] 02/10/2017 10:06

It's going back up to 20's. I have added.

[toptrump1] 02/10/2017 09:39

I'm in.

Wanted exposure to the oil price with some e&p excitement
Was hoping for this pullback which I think/hope is going to be shortlived
Chart looks promising
Will add some more if it drops further

[deanroberthunt] 02/10/2017 09:28

I'm adding...

[charlieeee] 02/10/2017 09:20

It is difficult for the public to check the current position of the short.

There seems to be a difference between publication thresh holds and notification to the authorities: the former being the 0.5% (at which the GSA Capital short popped up) and the 0.2% which is the notification to the authorities.

A lot more might well have been closed last week post the published drop to 0.49%, but the public cannot track this.

[acv74] 02/10/2017 09:16

Great news this morning, I've added. We've already smashed our year end production target, with more to come from our own new wells plus what ONGC are doing over at CPO-5.From memory I think our target is 15,000 at end 2018?

[deeppockets] 02/10/2017 08:56

Sure it will bounce back later, aren't we also due more news this week?

[meneither2] 02/10/2017 08:56

Tdh I see that 262 order went through

[tyler durden1] 02/10/2017 08:44

Helps someone close their short at least cost

[foiledagain] 02/10/2017 08:38

price down as some will take the time to digest the very good news within it.

When Amerisur hit the 7,000 year end (comfortably) it will reset sentiment for the better.

What is also clear and not really mentioned is the affect this will have on reserves.

Good news in this RNS obscured by known events

[shanig] 02/10/2017 08:37

Significant director share purchases was the best signal that things are looking good going forwards.

[laptop15] 02/10/2017 08:36

We all knew there was some lost production and considering how much they did it was a very good RNS with lots of positives going forward too! share price will rally to close imo!

[rollthedice] 02/10/2017 08:32

Usual sh@t sandwich from AMER ~ some bad between good news... again we had no idea that production had been lost, this time for a third of the month.

[deeppockets] 02/10/2017 08:28

Surprised there's not more of a move. Market unhappy with lost production?