Amerisur Resources Share Discussion Threads

[bigboots] 21/9/2016 08:59

30% upside from here, minimum

Market wont buy risk, too many fingers burnt

Pipeline up and running, mm buy, simple

[valentine] 21/9/2016 08:53

That presentation could be sent to analysts as easily as we just viewed it. They are there for a more important reason imo.

[lucyp00p] 21/9/2016 08:53

I'm sure Conchita Escobar will be around after hours to promote some upside activity amongst the sell siders

[rollthedice] 21/9/2016 08:42

Moaning is my hobby blackdown :) I only say it as I see it, not suggesting anyone sell. If AMER are playing analysts again they (we) could quite quickly see a lot of negative trading advice notes being issued and share price tanking as a result. Let's hope pipeline is really starting sometime this week.

[blackdown2] 21/9/2016 08:37

Usual rtd moan. I should sell up and move on.

[sleveen] 21/9/2016 08:29

q

sell side: sell stocks to punters like us.

[rollthedice] 21/9/2016 08:27

Pipeline on Ecuadorian side hasn't even been tested, nor decree received so "few days" is usual AMER timescale BS. Explains lukewarm reception to presentation.

[qwerfdsa] 21/9/2016 08:25

"hosting a site visit for sell-side analysts"
Please can someone explain the term sell side analyst? Thanks

[valentine] 21/9/2016 08:24

Pipeline open tomorrow?@1500 bpd initially.
It means Malcy's lips are unsealed.

[currypasty] 21/9/2016 08:21

pipeline is now completed and undergoing final checks with exports set to commence in the next few days


they know how to drag it out!

[seball] 21/9/2016 08:08

Excellent update today. Great news, topping up today before news gets picked up by more private investors. Happy to hold long term as this has no debt and increasing production good luck.

[sleveen] 21/9/2016 07:39

Pres now available on website.

[bibdaddy] 21/9/2016 07:30

Amerisur Resources Plc

Analyst site visit and 2017 guidance

Amerisur Resources Plc ("Amerisur" or the "Company"), the oil and gas producer and explorer focused on South America, announces that it is hosting a site visit for sell-side analysts to the Company's operations and offices in Colombia. Today, a presentation will be made by management, which will be made available on the Company's website www.amerisurresources.com shortly.

The presentation sets out Amerisur's strong financial position, with its solid, low opex production base, its diverse portfolio of near term assets, with detail on its strategic position in the under-explored Putumayo basin. The presentation describes the progress of the OBA pipeline and the impact this strategic piece of infrastructure will have on the OBA cluster of assets and the Company's wider business. It also gives details of the fully funded 11 well drilling programme over the next 15 months to convert resources into reserves and increase production, adding new production centres.

Finally, it gives details on the Company's strategy to 2019, the visibility of diversity of production base from one to up to five fields on exploration success, and of the broad portfolio of longer term exploration assets.

Part of the presentation includes capex and production guidance and drilling guidance for 2017. The Company is expecting a 2016 exit production rate of 7,200 BOPD and to produce between 7,500 and 8,500 BOPD in 2017. The Company is expected to spend $52m in capex between now and the end of 2017, including drilling 11 wells across the Company's portfolio and conducting seismic operations and a long term test on the Coati field.

Aside from what is outlined above, no new material information will be disclosed.

[tonyrelaxes] 21/9/2016 00:19

Lucy
Gross Income of about 12p per share, per year.

Ignoring running costs (and greedy BoD) and with a PE of (say) 5, that produces an share price of 60p - without anything in there for our own oil E&P business.

We could be partying after mid-week ;-)

[lucyp00p] 20/9/2016 22:36

Amer has a 70,000 bpd capacity pipeline. We will be earning $8pb to transport other people's oil. What's that worth?

[paleje] 20/9/2016 18:20

'Hot' air unfortunately. Change on the way.

[mpilot] 20/9/2016 17:34

I believe "air" has been in the pipeline for quite a while now, what I want to hear is that it's been replaced with oil !!

Ever hopeful.

[kerri28] 20/9/2016 15:47

Yes Sebell definate news this Thursday as there's something in the pipeline.

[seball] 20/9/2016 15:08

Plenty of buys. News this week? Anyone know if Malcy is over there now? Thanks

[bigwavedave] 20/9/2016 13:50

royfd - ok, no worries. Thanks.

[valentine] 20/9/2016 13:36

I hope he has his finger on the spigot and let s it flow soon

[royfd] 20/9/2016 13:10

Bigwavedave - sorry Dave I don't know anything about him, I was just rooting around and up the article popped.

Val - Malcy said he'd be away this week and blog may suffer, perhaps he's up the Putumayo River scouting.