Amerisur Resources Share Discussion Threads

[xxnjr] 17/5/2019 15:40

Very crude FSA ;-)

Lucy - 2000 bbls of oil converts to 317975 litres.
This volume would probably need 5 or 6 truck tankers per day, if not more.

[fsawatcher] 17/5/2019 15:24

someone tell me that some trucks ave white pwder in 'em

hope that dont go down pipe coz it meant to go up pipe

crude iinit

[lucyp00p] 17/5/2019 14:28

That photo was taken on Monday, or earlier, and the truck looks like it holds more than 2k. So it arrives, goes in the storage tanks, then off to Esmereldas. If we're shipping less than 6k per day already, I'd be surprised....But then this is Amerisur.

[sji] 17/5/2019 14:09

moneylender - as today's tweet says "This WILL be sent through our OBA ...", it means that despite third party oil started arriving on 10th May (as per co's presentation), this oil has not yet been sent through OBA! We shall wait to see the magnitude of the increase in daily transport (currently, circa 4,017 bbl)once this process starts, hopefully, very soon!

[yasrub] 17/5/2019 14:08

At the AGM did anyone question/try to quantify managements' expectations for the infill well drilling at Platanillo-26. I assume if successful we will see an uplift in OBA volume - this could get confusing with third party shipments on the cusp of going live.

Not sure whether this activity will result in an RNS update ?

[moneylender] 17/5/2019 13:35

Third party oil arriving by the truck load.

[lucyp00p] 17/5/2019 13:13

I'm not buying any more until Martin tells me the wobbly line says it's ok.

[11_percent] 17/5/2019 12:46

Its not the break outs/gaps up that we need to watch...….its the falling wedges.

That's what they are scamming.

[xxnjr] 17/5/2019 12:11

Which came first; the Chicken or the Egg?

Agree with 11%. The break out from the previous falling wedge seems entirely news driven; i.e

23/11/2018 Oxy Andina $93.25m Farm Out


10/12/2018 Indico-1 a Discovery and has 209ft of Net Pay


02/01/2019 Indico-1 tested at 4530 bopd initial rate.

[bad gateway] 17/5/2019 11:52

Yes you might well be right. Patterns don't always play out. I watch when they're completing and open positions if i judge they may break up but often have to close when they fail so not infallible in any way.

[11_percent] 17/5/2019 11:36

bg,

I think you are being a bit optimistic.

There was a lot of good news/RNS around 20th Nov 2018.....which coincided with the gap up we see. It was also on big volume.

Todays gap, was small....no news....and low volume.

I think todays opening gap will filled later on today, or next week.

Whoever is scamming this share.....is likely to continue the slide......into the Sol drill result.

========

PS. There is buying interest...…...after the AGM RNS/update...…….but it is being held down, the last few days.

Lets see if the scammers can get it back into the down trend wedge.

[11_percent] 17/5/2019 11:21

Ah......I saw that but thought it did not count....as I just assumed it had risen/gapped up on some news.

Did not appreciate that there was a gap today.

Will have a closer look at the chart.

Cheers.

[bad gateway] 17/5/2019 11:10

You're looking right at it 11 percent, left hand side of the chart. The previous falling wedge played out nicely as a change of trend. Gapped up out the pattern as todays has done and the stock moved to 20p off the back of the momentum gained.

[11_percent] 17/5/2019 10:55

bad gateway,

You said.

"Stock reacted quite well last time this occurred."


I am looking at the graph...….and can not see where this has occurred in the past.


Can you give me a date.....cheers.

[bad gateway] 17/5/2019 09:43

Breaking out from the falling wedge. Stock reacted quite well last time this occurred. If they can only hold of on any bad news long enough for a positive move to take hold.


free stock charts from uk.advfn.com

[sabre6] 17/5/2019 09:34

Looks like market realising what Amer is all about.The book is looking good and a move north looks on the cards.About time.

[tsmith2] 17/5/2019 09:29

If the next two wells come in then whoosh we'll be best thing slice bread again

[xxnjr] 17/5/2019 00:37

also this one


The well Mariposa-1 was spudded on 24th March 2017 and was successfully drilled as a S-profile directional well, down to the depth of 11,556 ft.

The interval 11,199-11,211ft (12 ft) in Lower Sand (LS)-3 was perforated and the well was activated successfully with a DST string on self-flow. Testing of the interval resulted in producing clean oil (<1% BS&W) with the following parameters: Choke size: 40/64“, Oil rate: 4601 BOPD, API: 40.5, THP: 348psi, BS&W: 0.35% Gas rate 2,25,195 scf/d

Testing was concluded and the well was completed with Hydraulic packer and sliding sleeve completion for natural flow. The well was subdued with brine of 9.5 ppg and sliding sleeve is in open condition. The rig was released after successful completion of initial testing of the well.

The well was activated with diesel on 15th November 2017 based on approval of ANH for Long Term Testing (LTT) and tested successfully until date.

The plan is now prepared for producing the well on commercialisation in production phase with self-flow completion string or suitable artificial lift system in case of non-flowing the well on self.

[xxnjr] 17/5/2019 00:25

not sure if this has been posted


ONGC VIDESH LTD plans to acquire nearly 336 Sq. Km of full fold 3D seismic data in block CPO-5 in onshore Llanos Basin in district Meta of Colombia as mentioned in Appendix-A of Annexure-III of the tender document. It is envisaged that Autonomous Nodes (Nodes) technology will be used for this job.
The grid corner coordinates of 3D survey polygon are provided in the APPENDIX- B1 of Annexure-III.

see P 92 for map of seismic being shot - black polygon.
Filling in the gap.

[bryet] 16/5/2019 19:45

If only Laptop!.

[laptop15] 16/5/2019 18:23

Looks like a 2 million sell followed by a 3.8 million buy to me. Or to large filled orders. Either way the share price should start to rise soon!

[chinese_takeaway] 16/5/2019 17:49

https://twitter.com/Paul47293202/status/1128959964775636994?s=19

[mortgage freeman] 16/5/2019 17:22

Certainly could be a buyer