Amerisur Resources Share Discussion Threads

[yasrub] 11/6/2019 07:47

ONGC control CP-05 there is no dastardly plan! IMO

[kerri28] 11/6/2019 07:47

Excellent update in my opinion. Surely back to 13p in no time.

[gemlotte55] 11/6/2019 07:44

Probably way off the mark here, but he hasn't held back this good news till results of sol1, more good news to follow?!

[the drewster] 11/6/2019 07:39

FY guidance 5000-6000 allows for some fairly significant decline in rates of existing wells ... are we moving to an era of under-promise, over-deliver? Would make a pleasant change.

[fadilz] 11/6/2019 07:36

Lucy, you are looking for negatives. I now think they may well deliver on the 10 well promise for this year - 2 on the go all the time, one CPO-5, one Put. From now on, I don't expect every well to be separately announced - unless very significant.

[xxnjr] 11/6/2019 07:35

for gods sake Lucy. Chill out! Stop being permanently super-negative.

[lucyp00p] 11/6/2019 07:32

I'm cool with the RNS. It's very encouraging for sure. I'm just saying that the absence of 3rd party numbers - which would be pertinent show that either the suppliers who parked their trucks in the photo on May 10th are extremely patient, waiting for "blending" while watching the oil price plummet, or it was a blatant misrepresentation of the true situation, made to shareholders at the AGM to deflect the angry mob. Also why do they have to wait to issue an RNS with 2 newsworthy items in it, rather than publish immediately the new oil was shipped?

[tsmith2] 11/6/2019 07:30

10000BOPD 2019 exit rate is now looking very plausible And some blue skies seismic and drilling too

[king_baller] 11/6/2019 07:30

Wow. What a positive RNS! Did not expect that.

[knackers] 11/6/2019 07:21

Now that’s what I call an operational update.

Quietly getting on with it.

More to come....esp looking fwd to that multi rig campaign in CPO5!!

[fadilz] 11/6/2019 07:15

For goodness sake Lucy, relax - glass is filling, nearly full. 6800 without 3rd party!

[lucyp00p] 11/6/2019 07:06

So, no 3rd party shipments then.

[tsmith2] 11/6/2019 07:04

Read wells.

[tsmith2] 10/6/2019 23:34

Sol is 1500ft shallower than Calao?That was spud on 4 Feb and results released 26 March

[11_percent] 10/6/2019 22:58

marnewton,

This does conform to "ordinary" charting OMO.


Some one is deliberately systematically walking the share price down...….not by a "dump" but by a small amount every day.

11.5p will not hold......it is not a support number.....they will just keep taking it down.

[marnewton] 10/6/2019 20:49

marnewton 28 May '19 - 07:56 - 20072 of 20293

Bullish Harami?

(Candlestick pattern.)

Came in on support, at the bottom of the descending channel, and on good volume.

May be worth a punt.

--------------

I bought my first tranche without awaiting confirmation of the Harami (contrary to the tenets of charting), instead relying on long-term support around 11.50p - a handy stop-loss should it be needed.

So, no confirmation, and a series of closes determinedly below the falling 8 day EMA...

All we can do is hope 11.50p holds.

M

[thegreatgeraldo] 10/6/2019 18:33

Guess Mr Market wanted more oil & less water....

[foiledagain] 10/6/2019 18:11

With a 46.5% water cut its not that successful

[thegreatgeraldo] 10/6/2019 18:09

Arrow announced what struck me as a successful well test in Colombia this morning..... currently down 15% on the news...

[fadilz] 10/6/2019 17:59

My betting is this is true Plat production, not 3rd party oil. 700 barrels per day up on previous. If so most likely is that Plat-26 has been successful. I would expect an operations update with Sol-1 results in the last week of June, and if I'm right re Plat-26, a current production rate of 7k per day (Plat_CPO-5). Add to that Sol-1 if successful.

Edit: I would add that this is the best since Dec-17, and nearing an all time high. This time sustainable. 2018 saw a month on month decline down to 3.4k in Dec-18. So this is good stuff.

[sji] 10/6/2019 17:42

OBA throughput is holding steady, at least!

07.06 - 4,490
08.06 - 4,510
09.06 - 4,510

[foiledagain] 10/6/2019 16:08

I doubt it, but then Ironveld aren't pumping cashflow on a daily basis.

Barkby all quiet too but can only hope it galvanises GC and JW to look at the jewel in the crown and concentrate on Amerisur.

Heady days when the BoD were winning awards on AIM. Need to get back to that.

[lucyp00p] 10/6/2019 16:02

Is that what Ironveld investors are saying?

[fsawatcher] 10/6/2019 15:53

matd drillin for 500mmboe innit

amer drillin for 4mmboe innit

that why it like a fruit cake with no fruit in it

pears for stairs - they always go round