Amerisur Resources Share Discussion Threads

[lbrokes] 14/1/2019 10:50

50k buys in lumps ?

[kaos3] 14/1/2019 10:50

do they plan to drill them selfs? they did all the civil engineering for what?

[knackers] 14/1/2019 10:44

"It's pretty obvious this (Indico-1) could be a very large general, regional play....it's going to be a very active year!" JW

[gersemi] 14/1/2019 10:30

'Thomas ,absolutely superb interview of the present ongoings & future plans for 2019. An active year of drilling Accelerated drilling programes with ONGC and OA. Increased reserves and resources. A 2nd drilling rig for Sol 1 Such excitement ..ACTIVE 2019'

[gersemi] 14/1/2019 10:29

JW interview

[knackers] 14/1/2019 10:28

Yup just spotted that gersemi. Utterly bonkers price sub 20p.

[gersemi] 14/1/2019 10:27

MGW getting excited again -



''Notice that @AmerisurResourc broker Stifel has hugely increased its TP from 20p to 35p on the back of CPO-5 exploration potential, something I concur with. ‘One of the most compelling we’ve come across’ putting 75% on upside. Wow!'' - 1:13 AM - 14 Jan 2019 from Guildford, England

[knackers] 14/1/2019 10:24

I think we all understand the reality of 200ft net pay and two wells producing at 3,000+ bopd with excellent deliverability and zero OWC ;o)

Little need to ramp CPO5. However you might want to wrap it, in the next couple of months it's going to change the game.

[acv74] 14/1/2019 10:23

Yes I expect production in Q4 won't be amazing but the position moving forward is extremely exciting.Platanillo has reached a plateau but that will in future just tick along at 4 or 5k bopd and be the least exciting of our assets.CPO-5 and our Oxy farm in are the future for Amer.

[rollthedice] 14/1/2019 10:18

Q4 production will be disappointing I suspect...

[swerves1] 14/1/2019 10:08

Lucyp - you sold out? What bad news could there be?

[thegreatgeraldo] 14/1/2019 09:58

gersemi
13 Jan '19 - 09:59 - 15986 of 16018
0 4 0
From Pickedpeck - Tues - The potential is enormous..

---

Does everyone understand this? Continuation of the same play, one field. 241 feet of pay.

...Fantasy.

[thegreatgeraldo] 14/1/2019 09:57

gersemi
13 Jan '19 - 10:38 - 15990 of 16017
0 1 0
Bounty - No, not yet. When the FPSO's in place at Lancaster and production is at full tilt then I'm gonna take a look at it..

....Understand the FPSO's in place, they're waiting for a weather window to connect the plumbing

[2prsimo] 14/1/2019 09:09

A bit of portfolio re-jigging before tomorrow's vote possibly

[plentymorefish] 14/1/2019 09:05

The pullback has begun.....

[moneylender] 14/1/2019 08:11

Amer is not a sitting duck and never has been, not even at 9.5p. GC has support from the city, from the major investors, from the bod's and several hnwi's.

So forget a take over until GC gets the value he wants.

[bountyhunter] 13/1/2019 19:35

Lol gersemi, I wouldn't normally want to have any association with a sitting duck but in this case I'll make an exception ;-)

[kaos3] 13/1/2019 18:50

ps- it was not about amer - they had golden opp knowing it all but did not strike. I was waiting and watching them from that point of view

[kaos3] 13/1/2019 17:46

gersemi - I am following it for a year - nothing found yet. it became interesting to me - why forming a partnership that bought nothing in a year. probably they knew their first move before forming the partnership and that was the reason forming it. seems strange to me

[gersemi] 13/1/2019 17:32

It's the statement from Ravi Bangar - 'is NOW progressing AFTER ONGC found hydrocarbon reserves in its Mariposa well in Colombia'...almost as if the discovery in CPO-5 triggered the formation of the Geo-ONGC JV....the Indico-1 result will have certainly piqued the interest of the JV

AMER is a SITTING DUCK

[xxnjr1] 13/1/2019 17:21

well GeoPark do have recent form on the boosting front.....

[gersemi] 13/1/2019 16:58

The GeoPark-ONGC collaboration, based in Bogota and with the main intention of acquiring assets in Colombia and Ecuador is surely something to keep an eye on - especially after CPO-5 successes and its huge potential -



''India’s state-owned Oil and Natural Gas Corp. (ONGC) is planning to boost its presence in Latin America following its formation of a partnership with Chile-based independent GeoPark, local press has reported.

“This [Bogota-based] joint venture is now progressing after ONGC found hydrocarbon reserves in its Mariposa 1 well in Colombia,” Ravi Bangar, India’s ambassador to Colombia and Ecuador, was quoted as saying by The Financial Express''

hxxp://interfaxenergy.com/gasdaily/article/30701/ongc-sets-its-sights-on-latin-america

[paradores] 13/1/2019 14:58

Afternoon BB - wouldn't disagree but there are many variables at play when it comes to frontier work which few have control over - incl the climate - so just as important for PIs to manage their own ;o) would trust PIs have similarly taken the lesson.

Interesting that AMER suddenly seem more self conscious, shy and quiet...just as they're starting to deliver. Probably for good reason - as they could find themselves staring down the barrel of a hostile bid @32-35p.

IMHO if the share price doesn't get moving pronto, that becomes more than a possibility. The IIs and PIs will decide the t/o price , not the BOD, which could explain the recent hefty position-taking. They'll know the risks of that are now amplified.

[lucyp00p] 13/1/2019 14:41

Hi Bigbas, happy New year to you my friend