Amerisur Resources Share Discussion Threads

[lucyp00p] 20/6/2018 10:04

nor do we care

[foiledagain] 20/6/2018 09:51

Expect news from ONGC soon

Still need updating here on RH's holdings. They know, as do others, but we don't

[kilgallp] 20/6/2018 09:45

Ala, 'Loser rhymes with bitter.'?!! You're not a poet then.

[charlieeee] 20/6/2018 08:27

The most obvious factor to note is that volume has dried up again and so the likelihood of a big buyer or seller lurking in the tuppence ha'penny trades is zero.

Equally obvious is the indecision. Those talking this down are not entirely convinced that one of those rare events, a good RNS, can be ruled out.

Even in a game of chance, there is a probability that luck changes and here we can see tangible progress, as civil engineering works go forward on both the "N" sands and Indico and any day there could be an RNS on Mariposa re perforation of the additional zones.

POO looks to be going in the right direction again and that, of course, is key if we are to repeat our stellar financial performance back in 2013/14.

[jotoha2] 20/6/2018 08:16

Spot on with the graph , volume has been increasing , so on positive news it will have the opportunity to finally break out 27 p target still in place !

[bad gateway] 20/6/2018 08:06

Horrible pattern though. Lost all the averages and still trending down on decent/growing volume.
Could be under 10p before it bounces without substantial sentiment changing news imo.

free stock charts from uk.advfn.com

[mad foetus] 20/6/2018 07:58

Could be ala, well spotted

[alamaison5] 20/6/2018 07:48

Personality disorder?
mad foetus - 18 Jun 2018 - 09:02:59 - 10557 of 10636 Amerisur - AMER
I agree with alamaison, something is up with the trading the last couple of days and it looks like a very substantial buyer is in the wings.

[alamaison5] 20/6/2018 07:46

Another pro, lol. Clowns...

[shakin not stirred] 19/6/2018 21:59

Alamaison5...believe in the next fortnight you could have got your shares 10% cheaper but will wait and see if we hit the 13p. Good luck but I believe that production in June will be even lower than may based on all the te works and further high rainfall.Short term next 3 months this will drop and the significance of new brokers is being over worked. Good luck to you. At least your entry price was significantly better than my average sp

[lucyp00p] 19/6/2018 20:31

Well it is if he isn't long AMER

[99barracuda] 19/6/2018 19:19

I have a Labrador who makes more sense than alamongol5, his portfolio is probably healthier too....

[alamaison5] 19/6/2018 18:11

Cos I find it. It was there on the internet!!
Did anyone see it?
Lol, it's beautiful.
xxx

[underhill2] 19/6/2018 18:09

Why are you showing us the last RNS release again ?. We all read it when it was first released

[alamaison5] 19/6/2018 18:08

I have another 60 rns to post. Interested?

[alamaison5] 19/6/2018 18:07

Loser rhymes with bitter.
xxx

[alamaison5] 19/6/2018 18:06

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Print Mail a friend Annual reports
Friday 08 June, 2018
Amerisur Resources
Monthly Production, OBA and Operational Update
RNS Number : 7529Q
Amerisur Resources PLC
08 June 2018

08 June 2018



Amerisur Resources Plc ("Amerisur" or the "Company")



Monthly Production, OBA Throughput and Operational Update



Amerisur Resources Plc, the oil and gas producer and explorer focused on South America, is pleased to provide unaudited production from the Company's two producing fields, the Platanillo Field and the Mariposa-1 Long Term Test (LTT), and provide OBA throughput data for the month of May 2018 (the "Period").

Production

· Total production was 149,030 barrels of oil ("BO") during the Period.

· Average daily production was 4,807 barrels of oil per day ("bopd") during the Period.

· Peak daily production was 5,344 bopd during the Period.



OBA Export



· Total export volume was 128,169 BO during the Period.

· Average daily throughput was 4,134 BO during the Period.

· Peak daily throughput was 5,024 BO during the Period.

Platanillo field production was affected by the ongoing treatment and maintenance programme together with a reduction in production from certain key wells due to various causes. The well Platanillo-6, which had been returned to levels of approximately 260 bopd post its workover experienced an increase in water cut which is under investigation. The treatment of Platanillo-11 appears to have been effective, returning production to previous levels in a stable manner. The Platanillo-20 treatment was also successful, returning production to approximately 945 bopd. A reduction of total fluid volume and small increase in water cut has also been observed in Platanillo-21 and 24, which are under review for intervention. Platanillo-22 has maintained a low water cut (0.2%) but total fluid delivery has been observed to fall over the last 4 weeks. This well is also under review for intervention.

Operational Update

Civil works for the Pintadillo-1 road and location in the Putumayo basin continue to advance despite difficult climatic conditions and extensive flooding in the area. The flooding in particular has necessitated the installation of additional drainage works on the road and a change in the elevation of the drilling location. It is expected to install the 13.3/8" conductor pipe in each of the three well cellars currently under construction at the end of the week commencing 11 June 2018, followed by rig mobilisation. Spudding of Pintadillo-1 is expected in July 2018.

In the CPO-5 block in the Llanos basin, severe weather conditions continue, however progress continues to be made and the well Indico-1 is also expected to spud in Q3 2018 as previously guided.

In the PUT-8 block, the operator Vetra informs that the well Miraparriba-1 is expected to spud in Q3 2018 as previously guided.

In Ecuador, the Chiritza re-pumping station project is on track to complete commissioning in Q3 2018, with operations on target to commence in September subject to acceptance by RODA, one month ahead of schedule currently. Once commissioned and in operation the Company will have an increase!!!

[underhill2] 19/6/2018 17:48

My intention was never to imply multiple ID,s. It was to say that both the poster and Malcy are not to be taken seriously. At the end of the day the current share price tells the truth.

[moneylender] 19/6/2018 17:18

Lucy what took you so long?