Amerisur Resources Share Discussion Threads

[tomv33] 03/9/2019 11:45

I got these for around 19p not long ago, I am hoping it will go beyond that

[tomv33] 03/9/2019 10:24

What would you say a potential bid price is around?

[blackdown2] 03/9/2019 10:10

Process only started on 9/8. Due diligence likely to take each potential bidder around a month.

[mrx001] 03/9/2019 10:06

Board seems to have gone quiet lately, it would be nice if we had an RNS with news of some bids!! This waiting is very dreary. :0)

[tyler durden1] 03/9/2019 08:33

Thats fair enough. Oil price increases which are inevitable will assist Amerisur to make more positive cashflow, more profit and expect those in the FSP will recognise the mood music and act accordingly, as its likely to be the best opportunity for non Amerisur holders to acquire it.

[underhill2] 03/9/2019 08:25

Thanks for the link but only interested in Amerisur.

[tyler durden1] 03/9/2019 08:21

Until another bb is made. Rather than debate this its here for information only. So don't go to the link if you are not interested.




Same old story of EIA 'predictions' where most people do not realise their figures are forecasts not actual:
"In fact, a prior forecast from the EIA’s Drilling Productivity Report predicted that production in the Permian was going to grow by 56,000 bpd in June. That turned out to be overly optimistic."

[yasrub] 02/9/2019 19:31

OBA 4010 for first day in Sep.

[jibba jabber] 02/9/2019 19:15

Looks to be a bull flag forming on the chart.

[sharesure4] 02/9/2019 16:36

Drilling results, maybe?

[sji] 02/9/2019 15:25

Does that mean that the interims have been delayed?! Or brought forward! If so, why?

[charlieeee] 02/9/2019 14:44

Nathan Piper has also cancelled his talk on Colombia, due to be given at the Geological society: we now have Keith Hill of Africa Oil as substitute (and probably on Africa)

[lucyp00p] 02/9/2019 14:33

They probably didn't realise it had ever been posted

[eddie_yates] 02/9/2019 14:17

Interesting indeed

[siriusbizness] 02/9/2019 14:13

The 12th Sept date for the interim results from the financial calendar on the website has now been removed. Coincidence? Interesting next week and a half. I feel like something is going to be announced before then. And seeing that the board suggested I take no action with my shares until the FSP is complete it should be good...

[tyler durden1] 02/9/2019 11:52

If xx wants to set up another bb to discuss the matter seriously, which I doubt, then he can. whatever is posted on here the real situation will pan out eventually whatever is posted here so I don't intend carrying on a discussion especially with someone ignoring the bankruptcies, ignoring its loss making oil, ignoring rig count decline etc. etc.

In the meantime the more they pump the more they lose money with even greater negative cashflow and ever more bankruptcies along with sweet spots used up and faster shale becomes history. Even with them having to contemplate bringing back zero interest rates and negative interest rates to bolster shale and force others to contemplate high risk investment increasingly investors are looking away from shale

[juuunx2] 02/9/2019 10:15

He only posted it to annoy me

[lucyp00p] 02/9/2019 09:41

I was posting a link to the article, not launching a new diatribe.

[tyler durden1] 02/9/2019 09:20

You refuse to understand economics. None as blind as those who do not want to see. Your 'not good news" is very good news. More pressure on companies forced into producing oil less than cost and bankruptcies are increasing which demonstrates the situation.

Can you construct BB site for discussion on shale if you want to raise the subject?Incidentally rigs in the US are at two year low, and the production figures quote are guesses (usually revised months after). Rigs dropped by another 19 in week ending 23/8/19 with only 2 additions elsewhere in US.

Pennsylvania (-6)
Colorado (-4)
Texas (-4)
Oklahoma (-3)
Alaska (-2)
New Mexico (-2)
Louisiana (-1)

The Permian had the greatest loss of rigs at 7 rigs. Given Red Queen Syndrome where you have to drill more and more wells to stand still on production?

[xxnjr] 02/9/2019 09:03

Lucy.....

Amused to see your recent post on shale, given that previously you had requested

"Perhaps there is a separate site where people who want to bore on incessantly about the pros and cons of fracking can post. How about you guys go and find it?"

For the record I have no interest in promoting shale. Like many around here I would dearly love it to fail. But for a reality check it's useful to keep an eye on output. Not good news I'm afraid. US L48 production increased by another 200K bopd last week (100K of which was shale). All of US now producing 12.5M bopd, despite the increasing shale bankruptcies.

[bountyhunter] 31/8/2019 10:42

Good find Mick...

"ONGC has been under pressure to reverse the falling output from its aging fields, where natural decline has set in. It is investing heavily to arrest the domestic fall while at the same time aggressively look for assets overseas."

[lucyp00p] 31/8/2019 10:32

Apologies for posting this link and letting the shale genie back out of the bottle, but it may be of interest.Energy Bankruptcies Rise as Investors Lose Taste for Shale https://www.wsj.com/articles/oil-and-gas-bankruptcies-grow-as-investors-lose-appetite-for-shale-11567157401