Amerisur Resources Share Discussion Threads

[bryet] 11/6/2019 09:34

Only chance for share price to increase is if Sol comes good but I have a fear news wont be good.

[avsome1968] 11/6/2019 09:27

Personally think its joe average update still not over 7k, and were the third party shipments? //// think they no results of sol 90% duster for sure that's why we have this news first, bad news next am afraid {hope its the opposite} but market thinks the same, just don't trust them no more.

Roll on indico appraisal well that will change amer faltering share price.

[bryet] 11/6/2019 09:26

Good update but did sod all for the share price

[wskill] 11/6/2019 09:25

Looks great to me and now oxy is coming on stream we will have more news flow and free drills soon enough.

Well done to the management I say .

[tyler durden1] 11/6/2019 09:24

Are Amerisur trousering around £200k a day profit?

[paradores] 11/6/2019 09:14

I like this. Solid. And for the first time in many months, feel a different vibe from the Co. More business-like, less “puff”.

No mention of Sol in this update and the timing intrigues...

That’s OK. Hmmm, something’s changed.

Estamos escuchando...

[davwal] 11/6/2019 09:12

As FSAW might say, it makin like a penny rocket from Woolworths. Fizz, phut...innit.

[xxnjr] 11/6/2019 08:58

no worries ML.

22/Jan rns implied

Mariposa-1 was 945 bopd
Indico-1 was 1539 bopd
----------------------
CPO-5 total 2484 bopd
----------------------

from todays release current CPO-5 output looks about 2300 bopd. Which is OK considering Indico-1 had only just come onstream last Jan and you normally get a bit of drop off from initial flow.

[knackers] 11/6/2019 08:55

Absolutely no point trying read anything from the confirmation that Indico appraisals will be next; you never know it may be with a 2nd rig!!

If early indications pointed to (or rather confirm) Sol as dry, such that the next drill location is to be back at Indico, why not announce its P&A nil show status and combined in one Ops update?

Infill well clearly at the top end of expectations and the Plat w/o programme looks to have been remarkably success.

I would have thought Sol needs another week or two. Min.

Aka, “If in doubt, leave it out” anon

[kipper62] 11/6/2019 08:46

Only need Malcy's orgasmic comments and surely this will then fly...or perhaps ...mmm

[moneylender] 11/6/2019 08:46

Xxnjr those words should have been in the headline, that's all I am saying.

[moneylender] 11/6/2019 08:42

Different tone on Twitter.

#AMER is pleased to provide an Operational Update on approval of the farm-out with Occidental, a successful infill well at #Platanillo and strong current production - See full release here hxxps://t.co/X9umzF55wz #OOTT

[xxnjr] 11/6/2019 08:41

It came further down

John Wardle, CEO of Amerisur, said:

"We are pleased to....

[rollthedice] 11/6/2019 08:36

Pretty decent update, hope Sol-1 comes in too. Only slight niggle (paranoia setting in?) is choice of wording about Indico-2 potentially adding reserves but no such comment for Sol? Hint of negative by omission? ... I said I was getting paranoid!

Platanillo producing over 4500 which is consistent with recent OBA volumes so 3rd party oil must either be shown separately or hasn't started?

Minimal share price reaction to this update which is a shame but not particularly surprising.

[meneither2] 11/6/2019 08:34

They have been more specific about wi numbers than in the past. So third party oil would be extra and they may not announce it. Removing pleased looks like they're in a sulk with the market to me!

[kerri28] 11/6/2019 08:22

From experience over the 100 years that I've had these, it will probably be negative by the end of the day!

[knackers] 11/6/2019 08:22

Their new man at the comms helm is making his mark. I like this “no bull” tone. Better.

Lets keep it up...as the actress said to the bishop ;o)

Anyone that thought 3rd party oil was suddenly gonna start flowing through to OBA at 500-700bopd within weeks of the announcement was in la-la land. Pre-req they need to get the blending spot on and will be testing for several weeks while taking deliveries and accumulating in Plats storage facilities.

[notimpressed] 11/6/2019 08:16

why only 4% rise in sp??

[loftyman147] 11/6/2019 08:14

I thought the same ML, when I opened the email and saw that they weren't I feared the worse! Then I read on...

[moneylender] 11/6/2019 08:07

Surprised Amer were not 'pleased' to announce!!

It's a very good RNS so why not pleased?

[tyler durden1] 11/6/2019 08:07

Good RNS

Lets see if we can keep any rise

If not it might suggest shares still being placed in market, either from RH or FIL disposal which may have been taken by MM/brokers to place in market at their leisure.

[kumala] 11/6/2019 08:05

good start to the day...:)

[broncowarrior] 11/6/2019 07:53

Good news, hurrah!