Amerisur Resources Share Discussion Threads

[deanroberthunt] 20/3/2019 07:35

could have updated us on the well, just a couple of lines...

[avsome1968] 20/3/2019 07:33

Good move by Wardle but this could leave us tight with cash specially if they carry on taking so bloody long with drill also cant see them drilling another five at this rate need another 1 maybe 2 more rigs quick time

[fadilz] 20/3/2019 07:27

well here's the answer to who owns, not to whether they can still drill..

Ecopetrol (48%) and consortium Energy (52%). This consortium, in turn, is formed by Canadian firm Suroco, which holds 30.4%, giving it a 15.8% stake in the Suroriente block, and local company Vetra, which is the operator of the block by virtue of its 69.5% majority stake in the consortium.

[fsawatcher] 20/3/2019 07:26

gte gonna be like a dog that bone been takin away and chucked in the bin

i fink gte expected it

i fink gte ave nasty boiler room peeps holding amer price down

i believe in aliens

[fadilz] 20/3/2019 07:25

Hm... I wonder whether this scuppers the drilling of Miraparriba-1 - who owns the Suroriente block?

...drill the Miraparriba-1 well from the Cohembi-2 pad, an existing pad located in the adjacent Suroriente block. Miraparriba-1 will be drilled as a directional well to the Miraparriba structure within the Put-8 block. This agreement removes the requirement to obtain an environmental licence for the drilling of the well, thus reducing the time before drilling can occur...

[fadilz] 20/3/2019 07:15

AMER were not operators, and now they are, so hopefully they will now follow through with the intended Q2 drilling. There was something wrong with their partners - drilling kept being put off.

N sand was I believe the main attraction of Put 8. Evidently the recent setback in Platanillo did not put them off since they are paying a fair whack compared to other recent purchases.

Put-8 North: P50 4MMBO (net) recoverable
Put-8 South: 2D analysis indicates a very large N Sand amplitude anomaly >150MMBO

Edit: for completeness I should say that the N sand reference above is from April 2016 - not sure whether it has been referenced recently.

[deanroberthunt] 20/3/2019 07:15

They could have included a little update on the current well progress....

[bountyhunter] 20/3/2019 07:14

Yes it makes sense given the proximity to the OBA pipeline and won't break the bank.

[swerves1] 20/3/2019 07:10

This is very good news, imo

[n95] 20/3/2019 07:09

Taken our option for Put 8!

[eddie_yates] 20/3/2019 07:06

News out but not what we’ve been expecting!!

[swerves1] 20/3/2019 06:39

Mickinvest - it's great then that Amer have large storage facilities if required!
I've been averaging up lately too

[sogoesit] 20/3/2019 05:05

I’m envious... you marrying a welsh couple.
Are they twin sisters?

[mickinvest] 19/3/2019 21:22

Maybe a reason that there is a seller but I picked up another 50k under 16.9p this morning and looking to average up if we clear 17p. One of the best upside investments I've seen in a long time.

Edit - take it you enjoyed the Rugby at weekend tgg, I married a Welsh Evans couple years ago who rather enjoyed it!

[thegreatgeraldo] 19/3/2019 16:48

No prize, but when was the last 10 minutes trading so quiet?

[lucyp00p] 19/3/2019 16:34

Fame at last

[fsawatcher] 19/3/2019 15:49

Acorazado-1, Danes-1 look pony

indico-1 blows these away innit

mariposa woz better than Acorazado-1, Danes-1

[westmoreland lad] 19/3/2019 14:31

/EIN News/ -- Dublin, March 19, 2019 (GLOBE NEWSWIRE) -- The "Q4 2018 Global Oil and Gas Discoveries Review - Russia and Colombia Lead with Highest Number of Discoveries" report has been added to ResearchAndMarkets.com's offering.

'Russia and Colombia had the highest number of oil and gas discoveries amongst a number of key countries with three each in Q4 2018. Russia had two natural gas discoveries in the West Siberian basin and an oil discovery in the Okhotsk basin, while Colombia had three conventional oil discoveries, all in the Llanos Orientales basin.
Russia's two natural gas discoveries, Obskoye North (Severo-Obskoye) and PO-1, were made in the West Siberian basin and an oil discovery, Triton, was made in the Okhotsk basin. All three conventional oil discoveries in Colombia, Acorazado-1, Danes-1, and Indico-1, are in the Llanos Orientales basin'

[kaos3] 19/3/2019 14:17

still expectations on the up on my bell curve. optimum news reached tomorrow. then down. slowly!

if bad news - hardly to the final result. some operational issues, change of plan, handling the good news problem etc imho

[fadilz] 19/3/2019 13:59

Coring, to better understand the trap?

[thegreatgeraldo] 19/3/2019 13:58

If they were planning a sidetrack, quite likely they'd have mentioned it beforehand?

[sogoesit] 19/3/2019 13:50

Duplicate post deleted.

[sogoesit] 19/3/2019 13:49

As I don’t know when these folks make announcements I am not sure swerves.
On Indico they announced after the final o/h logging and logging shouldn’t take more than 48 hours assuming no equipment or hole problems.
Maybe we’re mis-estimating time to TD?
It’s a deviated well. It’s also possible they drilled to TD then plugged back in order to intersect the reservoir vertically and then log again. There are many permutations of strategy.
Or simply the geologists/geophysicists are LIH (Lost in Hole)... which happens more frequently than folks imagine ;-)

[fsawatcher] 19/3/2019 13:45

if well cost $10m to do 40 days does dat mean it cost an extra $2.5m per 10 days after or does price go ups

if well td - 30 days - yous aint gonna spend half well cost of $5m more doin nuther 20 days r ya?

you'd ave to be deminted like a polo that gone off to do that

code of 589 gone thrus twice

that mean news 2morra rat fans