Amerisur Resources Share Discussion Threads

[knackers] 07/1/2019 13:53

What is effectively an historic (prior qtr) production picture is as good as meaningless given developments and the ever-strengthening cash position.

Operational updates are another matter, however ;o)

[homebrewruss] 07/1/2019 13:45

Does anyone know when the next production update is due? Is it just any day now?

[broncowarrior] 07/1/2019 13:32

Heading to 30p. Whether it can crack that and stay there let's see.

[lucyp00p] 07/1/2019 12:40

I'm surprised anything is moving in Russia, given how your "tourists" struggle with slush

[deanroberthunt] 07/1/2019 12:13

net pay zone was significant and low water

[deanroberthunt] 07/1/2019 12:07

or consuming 12m boepd

[dan de lion] 07/1/2019 12:07

Of course the beauty of the next 4 wells is the fact that they will be drilled from the same location(may already be drilling), Drills can reach up to 5 miles away. that gives potential coverage of an area of approx. 80 sq miles.

[deanroberthunt] 07/1/2019 12:06

didn't have the Chinese building 20 coal powered power stations a week in the 70's/80's

[deanroberthunt] 07/1/2019 12:03

here comes post midday rise....

[wbecki] 07/1/2019 11:37

Same. Must be global warming/climate change or whatever they call it these days.

[deanroberthunt] 07/1/2019 11:25

It used to snow and stay for weeks/months when I was at big school

[wbecki] 07/1/2019 11:19

Envious TonyRelaxes.

No sign of any white powder down here where I live. Not even that cold

[tonyrelaxes] 07/1/2019 11:17

Merry Christmas all.

-12c and nearly 2 foot of accumulated snow on the ground.
A far more 'traditional' feel than the other one in UK 2 weeks ago!

[moneylender] 07/1/2019 11:10

Been doing some historical research this morning on the blocks North and West of CPO-5, we are in some very good company.

Adjacent blocks to the West is CPO-4, CPO 4 Block consists of 345,452 net acres and contains over 100 identified leads or prospects with estimated recoverable reserves of 1 to 4 billion barrels  The Block is located along the highly productive western margin of the Llanos Basin and is adjacent to Apiay field which is estimated to have in excess of 610 million barrels of 25-33 API oil recoverable. On the CPO 4 Block’s Northeast side lies the Corcel Block where well rates of 2,000 to 14,000 barrels of initial production per day have been announced for recent discoveries.  In addition, the CPO 4 Block is located nearby oil and gas pipeline infrastructure.

Guatiquia Block - Candelilla Wells  Guatiquia Block is located directly adjacent to the CPO-4 Block, with the Candelilla- 1 & 2 wells located approximately 3 kilometers away from the CPO-4 block  Candelilla-1 commenced drilling on November 9, 2009 and was drilled to a total vertical depth of 11,681 feet on December 16, 2009. Well logs indicated 97 feet of potential net oil pay in the Lower Sand 3 formation and 13 feet of potential net oil pay in the Upper Mirador  Candelilla-1 well commenced production in late December of 2009 at over 11,500 barrels of oil per day of 44 degree API oil with less then 1% water cut, and has flowed naturally at an average rate of 10,900 barrels of oil per day of light 44 degree API oil since it was placed on production  Candelilla-2 well commenced drilling on December 26, 2009 and was drilled to a total vertical depth of 11,740 feet on January 31, 2010. Well logs indicate 88 feet of potential net oil pay in the Lower Sand 3 formation and 51 feet of potential net oil pay from three separate sands in the Guadalupe formation

[deanroberthunt] 07/1/2019 11:07

my precious....

[avsome1968] 07/1/2019 10:53

yes wants them now

[gersemi] 07/1/2019 10:47

19.5958 offered for 175k

[avsome1968] 07/1/2019 09:52

Won't even let you buy 30k put will take 150k sale hmmmmmm we will finish up today

[mad foetus] 07/1/2019 09:48

The last few weeks the share price has been marked down between 9 - 12. Buy the dips

[winnings1] 07/1/2019 09:39

When Directors buy for non-cosmetic reasons, then likely the shares are seriously worth the money and more. It is clear to me that the recent Directors' purchases are for non-cosmetic reasons.

[tsmith2] 07/1/2019 09:17

profit taking is only natural given the move up we've had.add on bad/down days

[charlieeee] 07/1/2019 09:06

Nonsense, Bryet: RH is gone, with his last 10 million now effectively sitting in the BOD pockets and mostly JW's.

The selling will clearly be those traders in at 9.5p, kind courtesy of our late departed friend making his point, taking a nice 1 bagger as a late Xmas present. It is simply a different strategy, more TA based than fundamentals and good luck to all, however they make their money.

[bryet] 07/1/2019 08:56

The ghost of you know who is still out there.

[kaos3] 07/1/2019 08:45

aceuk - you woke me up :( lol. thanks
we have an elephant on our hands is the waffle in the translation.