Amerisur Resources Share Discussion Threads

[homebrewruss] 22/2/2019 19:55

Amerisur busy on twitter today about Gran Tierra:

[tom111] 22/2/2019 18:32

News coming soon forget about the charts they are irrelevant at this moment in time anyway,with due respect.

[marnewton] 22/2/2019 18:24

I'm still waiting to get back in - for the 8 day EMA to turn up with two nice bullish candlesticks. As it is it's flatlining, along with the 200 day SMA.

The rising 50 day SMA has been providing support, but that may be failing with three closes just below.

Horizontal support holds...

M

[paradores] 22/2/2019 18:11

In short:

- ANLA visited the alleged dumping point on the Putumayo last year and found no detrimental environmental evidence of contamination.
- ANLA noted that permission to reinject was granted in 2015 and that Amerisur was operating in line with environmental guidelines for the industry.
- On inspection, ANLA also noted that there was no longer any functioning infrastructure to dump but that Amerisur should dismantle the remaining, and now-fragmented, tube.
- ANLA, travelled from La Rosa downriver to Buenavista and identified no effects there either.

Si, por supuesto "...the community is trying to expand the reserve under a government land restitution programme" A-ha...

[foiledagain] 22/2/2019 16:54

A more likely reason for rashes.

But they seem a very unlucky tribe, but seem very quick to blame Amerisur, when they agree they were being blown apart by the FARC, and sprayed with herbicide by the U.S., and where they then blame Amerisur for the water whilst explaining how good the fish are in the lagoon. Seems a bit contrived.

So they didn't think perhaps air sprayed herbicide might cause a problem to the skin or water supply?

[xxnjr] 22/2/2019 16:51

also mentions US.Gov dumping airborne chemicals over the region for years.

[foiledagain] 22/2/2019 16:49

part 2. Sad, but rather contradicts part 1. Talks of good fish in the lagoon? Someone seems to be spinning a line.

[xxnjr] 22/2/2019 16:31

This is Part 1. Can't wait for part 3!

[lucyp00p] 22/2/2019 16:18

Don't tell us, tell them

[knackers] 22/2/2019 16:14

"hope it's positive..."

Gau'luv-us, only a month or two ago we discovered a 280ft gross column and have now added 17mmbo* 1P with upside at Indico. One of Columbia's best in recent years.

...we're only just getting warmed-up for Pete's sake!

[xxnjr] 22/2/2019 16:01

Roughly? Yep, maybe 2nd week of March, if all goes well.

[bryet] 22/2/2019 15:41

Sp stuck in a rut till we get news hope it's positive.

[cutlery] 22/2/2019 15:41

That would take us to The ides of March!

[vermilion1966] 22/2/2019 15:38

xxnjr

So 10th to 12th March RNS? Roughly?

[mickinvest] 22/2/2019 15:31

Guardian article about tribe blaming company for pollution but all looks above board from Amerisur.

[xxnjr] 22/2/2019 15:25

Hi there FoiledAgain,

Yep sorry, asleep at the wheel, hadn't re-read the rns's, but having done so


"The next steps for the well operations include the acquisition of further wireline logging data, including pressures and samples across the reservoir. A 7-inch production liner will then be run and cemented followed by short term testing of the well."

whereas, I had assumed the additional wireline data gathering part would have been prior to 1st rns, but as you say, they had sufficient info from the Triple-Combo, to be confident enough to issue an RNS.

And having re-read the 2nd rns, initial flow rates were under STT. Lesson learned - need to go to back of class and re-read the rns's. Actual spud to 1st RNS dates were

Mar-1: 38 days
Ind-1: 40 days

all the best.

[lucyp00p] 22/2/2019 14:22

We will know sooner I guess if they found more limestone.

[foiledagain] 22/2/2019 13:35

xxnjr. Amerisur use DST so not sure why you associate that with production choke sizes that are adjusted after completion and during STT or LTT, unless you are referring to the bottom hole choke on the DST? I may have misunderstood your comment.

They employ the Schlumberger Triple-Combo wireline logging so they can ascertain to a reasonable degree any nett pay zone whilst drilling and before even putting in a production liner.

They will possibly know by end of next week in my opinion but doubt we will know of it until at least week after

[xxnjr] 22/2/2019 13:05

30 days well is probably time to TD
Plus 1 week for testing = may mean running the logging tools etc
So 1st rns for HC Yes/NO + Net Pay etc, lets say about 38 to 42 days after spud.

Then lets say a further 25 days for running the lower casing + DST's on various choke sizes, b4 we get flow test results rns.

Just a rough guide for timings. May take longer, maybe slightly quicker. DYOR

[charlieeee] 22/2/2019 12:27

Are you joking? They drill 24/7 using crews on shifts.

[siriusbizness] 22/2/2019 12:22

Is the 30 days based on a 5 or 7 day working week?

I Was thinking mid March given previous timings. We could get an update though...

[kipper62] 22/2/2019 12:13

Please stop posting optimistic charts..it only pushes up the price of oil and the share price down LOL

[the drewster] 22/2/2019 11:11

"30 days drilling"