Amerisur Resources Share Discussion Threads

[tsmith2] 03/6/2019 19:35

Nice finish

[juuunx2] 03/6/2019 12:33

Wtf you gibbering about FS?

[fsawatcher] 03/6/2019 11:39

a ribble dibble kbbble

dabba dabb a dooooSSS

[fsawatcher] 03/6/2019 11:38

i got no signal

recption poor

cheer leaders everyweres

[tyler durden1] 03/6/2019 09:15

Hope not as its happened so many times it would send a signal to FSA that its insider trading and apparently not for the first time

[lauders] 03/6/2019 08:55

We can only hope that AMER are being delayed from issuing good news for some reason or it does seem like bad news. Hence the share price!

[xxnjr] 03/6/2019 08:50

Amerisur have limited their interest to the Llanos, whereas both ONGC and OXY Andina are doing same + Magdalena Valley. None of the 3 interested in the offshore.

[underhill2] 03/6/2019 08:42

No news often means bad news !

[lucyp00p] 03/6/2019 08:05

Whoever said that no news is good news is obviously not invested here.

[xxnjr] 03/6/2019 00:05

[tommygriff]Any idea on which blocks are up for grabs Dave?
South or up north?

here you go sir


None of the offered blocks are in the Putamayo, with the majority in the LLanos.

LLA94 is contiguous/west of CPO-5, and contains 3 basal paleozoic leads with 343mmboe OOIP COS 8% + 25mmboe OOIP COS 11% in the cenezoic (guadalupe).

[davwal] 02/6/2019 09:05

Maybe there’s a further JV with Occidental in the pipeline...

[lauders] 02/6/2019 03:05

Thanks BWD.

Google translation of the Spanish text:

The companies will present their proposals as of June 4 in a process that will conclude on July 16 and in which the companies will be able to know the offers of their rivals and improve them, explained the president of the ANH, Luis Miguel Morelli.

Bogota - At least 22 companies are qualified to submit bids for 20 blocks that Colombia will deliver for exploration activities, with which it aims to increase its reserves by 1,000 million barrels of oil equivalent, the president of the National Hydrocarbons Agency (ANH) said Thursday. .

The companies will present their proposals as of June 4 in a process that will conclude on July 16 and in which the companies will be able to know the offers of their rivals and improve them, explained the president of the ANH, Luis Miguel Morelli.

"We hope that we can have about 1,000 million barrels of oil equivalent reserves in these 20 blocks," said the official to remember that 18 blocks are in the mainland and the other two offshore.

Among the companies qualified to submit bids for the blocks, which have a total area of ​​1.4 million hectares, are Canacol, Frontera Energy, Ecopetrol and Parex Resources.

Also included are Occidental Petroleum, Gran Tierra Energy, Geopark, Hunt Overseas Oil Company, Amerisur Exploration, Mansanovar Energy and Noble Energy, among others.

With the offer of the blocks and a Permanent Process of Assignment of Areas in which companies can apply to the ANH to explore in areas of interest, Colombia expects investments of US $ 1,500 million in the coming months, Morelli said.

Colombia has proven reserves of 1,958 million barrels, equivalent to 6.2 years of consumption, with a current average production of 865,000 barrels per day, destined by 50% for domestic consumption and the rest for export. The country seeks to increase these reserves to at least 10 years of consumption.

Traditionally, Colombia had used the system of rounds, in which it offered exploration blocks and assigned them every two or three years in a bidding process in which the company that made the best offer was awarded them.

The drop in international oil prices has extinguished the interest of companies to explore in Colombia in recent years, but with the recovery of prices and better contractual conditions on the part of the government, companies have reactivated their enthusiasm.

[bigwavedave] 01/6/2019 11:10

None yet. I will have a nose around when/if get the chance.

[tommygriff] 01/6/2019 10:59

Any idea on which blocks are up for grabs Dave?South or up north?

[bigwavedave] 01/6/2019 10:12

AMER contender for new blocks in latest ANH bidding round:

[11_percent] 01/6/2019 09:25

Sp was doing well yesterday....till the end....when it was brought down for a 0.32% loss.

[xxnjr] 01/6/2019 08:22

"..... Amerisur will purchase oil from third party producers at the existing Platanillo reception facilities based on the sales price at Esmeraldas, minus a negotiated margin. The oil will be sold subsequently in a back to back arrangement through an existing oil sales agreement. The Company takes no commodity price risk.

With brent having dropped about $10/bbl from recent highs I hope there is "no commodity price risk" on 3rd party OBA shipments!

[paradores] 31/5/2019 13:32

Am in for a few more. Pinch me someone!


Too cheap and too much of the black stuff across their portfolio for this sort of nonsense. How many vertical ft was it at Indico..? (Go figure)

Happy about returning to Plan A in CPO5. Once bitten etc etc. Straight bat and take the easy singles.

[tyler durden1] 31/5/2019 13:17

Friday whoosh

[moneylender] 31/5/2019 11:08

MF use this link

[alfieduncan] 31/5/2019 10:32

Bucking the trend bizarrely. Something leaking. Hopefully the black stuff

[the drewster] 31/5/2019 09:59

P-26, P-22 sidetrack and Sol-1 should all provide opportunities in the next 6 weeks

[tsmith2] 31/5/2019 09:55

Excellent vol

[mad foetus] 31/5/2019 09:48

Where do you get that figure from?

[moneylender] 31/5/2019 09:35

Up to 114,000 through the OBA, for May.

Question is, is it third party oil or PLat22 that's responsible for the increase?