Amerisur Resources Share Discussion Threads

[xxnjr] 08/12/2020 12:43

anyone into GeoPark?....

[thegreatgeraldo] 08/12/2020 09:21

& a well being drilled currently

[xxnjr] 08/12/2020 09:20

yeah I just viewed the video. And its all self funded from FCF by the sound of it. Wonder what JW(?) makes of it?

[thegreatgeraldo] 08/12/2020 09:15

bottom of the testing announcement..5 or 6 wells . mostly drilled in H1 '21

[xxnjr] 08/12/2020 09:13

"5 to 7 wells in LS3 play over next 24 months" on the video "CPO-5 block has a potential of more than 1 billion barrels of light oil." hTTps://www.cnbctv18.com/business/cpo-5-has-a-potential-of-more-than-1-billion-barrels-says-ongc-videsh-7661061.htm

[thegreatgeraldo] 07/12/2020 20:58

Seen the CPO-5 drilling schedule for 2021?

[xxnjr] 07/12/2020 20:54

I see they actually drilled an appraisal; test results from ONGC today hTTps://www.bseindia.com/xml-data/corpfiling/AttachHis/0b37a503-5e73-406b-b31c-86ad6c094ee4.pdf The well “Indico-2” lies approximately 0.9 km northwest of the well Indico-1 in subsurface and was spudded on 21 st Sep, 2020. The target depth of 10,925 ft reached on 20.10.2020. The well has encountered a net pay of 147 ft in the LS-3 reservoir of Une Formation (Cretaceous) which during initial testing produced oil of 35.2 degrees API in commercial quantity @ 6,300 BOPD, with negligible BSW of 0.11%. Currently the Well is flowing under Short Term Testing with multi bean study for further evaluation.

[megsidi] 15/11/2020 20:53

A case of 'here's what we could have had' Tommy.

[tommygriff] 15/11/2020 08:05

Nice result for Geopark at CP05

[tommygriff] 05/11/2020 22:01

The sale happened at the right time in hindsight.Covid would have took this down to 7p and wouldn't have recovered

[parker2102] 05/11/2020 10:07

Thank you for your post, Tonyrelaxes. If I remember well, in "our" days we were happy with 4000 bopd. I can sense your irony here, Norman. I didn't find it funny at all. Most disappointing investment experience in my professional life (over 50 years active in financial markets). Although I didn't lose any money, even after a drop of over 1/3 of £ vs. €, the return was very meagre. Certainly given the 15 years (approx.) it took to achieve this result. The final outcome was a bitter disappointment, not only in financial terms. I felt mislead, if not cheated. One might wonder what JW and GC are up to at present. Now in PANR - indeed, this is the company our then major shareholder switched into, from AMER. Selling AMER then was, in hindsight, a smart decision. His timing to buy PANR less so. GLA

[tonyrelaxes] 04/11/2020 20:37

From GeoPark's 2020 Q3 update - Appraisal and exploration drilling in the CPO-5 block: • In late September 2020, the operator spudded the Indico 2 appraisal well targeting the Une-LS3 formation. The Indico 2 well is located approximately 0.8 km northwest of the Indico 1 well. • The Indico oil field was discovered in December 2018 and, to date, continues showing strong reservoir performance from one single well, Indico 1, that in September 2020 achieved an average production of 5,169 bopd of light oil, with a cumulative production of over 2.9 million barrels of oil. Hmmm....!

[frampton7] 30/9/2020 19:00

Thanks again for mentioning them last year. Looking forward to the end game!

[moneylender] 30/9/2020 18:47

The end game is nigh! Not my work but I do concur. EUA RNS today with little hints. "DLA Piper on the legal side to work with the Company through the sale process." A clear indication that the sale process has progressed well "With the final approval of the Flanks license surrounding Monchetundra, the Company has been successful in establishing a dominant position" Confirmation of how huge MN is and the strong negotiation position they now have. " has spurred interest in the Company." in other words, bidding war. The minirals, Rhodium, Palladium, Platinum, Nickel, Gold are all going up in price and are expected to go higher in the years to come. "The board and executive team have now been restructured to fully focus on the sale process." all focus on the inevitable - a FULL sale " long-term supporters and new members." Working for us as always. We told you the BoD have a truck load of shares and have not sold a bean. The recent low prices were a gift from MMs. If the share price does not go up tomorrow, good. It gives us a chance to carry on loading up at this levels. But i doubt it will after that RNS. A big blue tomorrow

[kaos3] 01/9/2020 08:21

I wonder where is John Wardle working now ???

[tommygriff] 17/7/2020 19:35

Jangada is a good option in the palladium space mate, micro cap compared to EUA

[frampton7] 09/7/2020 15:23

Hi Moneylender, I've been meaning to post today to say thanks to you for the idea of EUA it is definitely making up for the disappointment of AMER. It has been a nerve wracking few months with the suspension, but every time I went over the facts I thought we would get to this point. I haven't sold any yet as I also believe there is a lot more to come. Having been forced to sit on my hands for months, it is going to be harder now I don't have to (and faced with all that profit!) Thanks, Frampton

[moneylender] 09/7/2020 13:39

Afternoon everybody Just received a very nice 'thank you note' from someone that followed my lead into EUA last year. A mere £1000 invested then would today be worth £12500 and I think there is more to come, consideraly more. I hope all my old pals and investor mates are well in these strange times that we have endured over the last 3 months. stay safe and avoid a second wave of CV A

[astorcourt] 21/4/2020 19:02

how is cpo5 going, did the indians drill it?

[ianguerin] 21/4/2020 18:56

Glad we got out of this lot ?

[blackdown2] 27/3/2020 18:48

Geopark’s share price now $6.84 from around $20 when the Amerisur deal was completed.

[ladeside] 24/3/2020 16:13

Holding up well considering the rest of the market.......

[parker2102] 12/3/2020 14:27

Would have been back to 2p by now without GPRK. Nevertheless,....