Amerisur Resources Share Discussion Threads

[fsawatcher] 13/6/2019 18:47

wot if afta oxy do sizsmics theys not likely wot they findy?

does they forse drill 3 wells or can they walk aways

it alway in small print innit but no magnafrying glass around ere

it late nows coz they not even start sizmics so they not drill in 2020

2021 they dril

that years away

some on here be getting free tv licsene then or will the

ha pah sah nah dah me hav a idea

[xxnjr] 13/6/2019 17:01

If OXY know what they are doing, and I'd hazard OXY do know exactly what they are doing then 20p would be an absolute steal, assuming their basin modelling/subsequent exploration comes in.

[willec1979] 13/6/2019 16:45

If we are brought out wait would they pay for the company, people has been mentioning 20p per share, but think it could be more like 50p per share bear in mind all the progressed made by the company.

[treasure] 13/6/2019 14:23

FSA, why don't you just wait for 6p then, innit.

[fsawatcher] 13/6/2019 13:27

i buy at 9p on sol dusty bin

lotta nerveous folk nows even with indico II apprasel

that come in dry and this go 6p

[fsawatcher] 13/6/2019 13:26

wher do all these new i m posters come ?

they all buyin

apparinty

ha ha aha a

it so see through that it diafonas innit

nude

[quidnunc] 13/6/2019 13:21

Looks like Boris has made progress by keeping Schtumm. Shame about Andrea tho...
The two tankers attacked appear to have been bound for Japan, coincidental with a visit to Iran by the Japanese PM.
Bluff, Double bluff or treble bluff?
I expect the POO to go up, probably twice as fast at the pumps as per usual.
Q.

[mrx001] 13/6/2019 12:59

Following the last RNS I have read this as a change of pace, am also attracted because the BOD bought a lot of shares at higher prices relatively recently. So am hopeful that the company will now start to deliver. Consequently against my normal policy I bought some more this morning. Personally not bothered whether they up their game or are bought out.

[westmoreland lad] 13/6/2019 12:11

Picture of tanker up loaded 10 minutes ago ----------->

[fsawatcher] 13/6/2019 11:33

springfield singin in rain at local waterin hole

sup up

[jp2011] 13/6/2019 10:20

Results T+40

[xxnjr] 13/6/2019 09:59

33 days since Sol-1 spud.

[tsmith2] 13/6/2019 09:22

Operations on the Sol-1 exploration well continue and results will be announced shortly. After drilling operations are completed at Sol-1 the rig will move to drill the Indico-2 appraisal well.Let's hope this now underpromise and overdeliver mantra

[xxnjr] 13/6/2019 08:33

It's the Front Altair. Apparently on fire now in the Gulf of Oman.





[click on "past track" button]

Not any vessels nearby. Seemed to have been in an isolated position.

[the drewster] 13/6/2019 08:24

Net of cash/cash equivalents, and assuming Oxy expect that they will make something for themselves out of their $90M 50% stake (of just a part of the portfolio of assets), AMER's valuation is ludicrously low.

[xxnjr] 13/6/2019 08:18

Good post KB. Only thing I would add is that Oxy's couple of assets from their farm-in to the Putumayo already totals 1.37m gross acres. 67% of Amerisur's 2m gross acres down there. Oxy's 4 blocks hold 449 mmbo of gross potential upside, thats 56% of Amerisur's 804 mmbo gross potential upside in the Putumayo. In another words OXY's current upside position is already fairly material, as is Amerisur's!

[notimpressed] 13/6/2019 08:14

reports of explosions on tankers in gulf of oman

hxxps://www.aljazeera.com/news/2019/06/uk-maritime-group-warns-incident-gulf-oman-190613054602630.html

[king_baller] 13/6/2019 00:52

Just my thoughts. A few months ago I whittled down multiple Oilers I owned into the two I had the most conviction in. Amer is my largest holding. The other was RRE for value reasons. (Amer has a significant margin of safety if a severe oil bear market were to suprisingly hit)

Our acreage and country are in our favour. The only UK based oil
co’s I have found that compare Amer to are in countries I would never invest (Ukraine, Iraq, Russia, Egypt.) Please remember that Colombia’s new president literally tweeted about the CPO-5 find.

I believe we will evaluate CPO-5 and sell our 30% share for an amount not dissimilar to our market cap.

After this I envisage a large dividend, followed by a buyout at a large premium. Think about this: What is the point in Oxy paying 90 million dollars for a farm out deal for 50% of a couple of our assets?! When the whole company can be bought for a few times that amount, when taking into account it’s cash.

I added again on Tuesday and will have some further dollar coming in very soon to add further. The oil sector being untrendy does not matter. Oil majors are rolling in cash and are looking for acquisitions - that is all that matters, to companies with onshore assets.

[moneylender] 12/6/2019 17:10

Nathan Piper on BRR media.
Sol update this month, otherwise just reiterates the rns!

[xxnjr] 12/6/2019 09:18

de la boca de los caballos



[Google translate.....]

AMERISUR GIVES 50% OF PARTICIPATION TO THE ANDEAN WEST AND MAINTAINS OPERATOR QUALITY IN THE TACACHO, TERECAY, PUT - 9 AND MECAYA CONTRACTS

Last Tuesday, June 4, with the approval of the National Hydrocarbons Agency - ANH, the oil companies signed an assignment of interests, rights and obligations in the contracts "Tacacho", "Terecay", "PUT - 9" and "Mecaya ", where Amerisur cedes 50% of its participation to Occidental, but maintains the quality of operator in all of them.

The signing of the assignment was made in the facilities of the ANH and was signed by the parties: Luis Miguel Morelli, president of the ANH as contracting authority; Carlos Andrés Martínez, CEO of Amerisur Exploración Colombia Limitada on behalf of the assigning contractor; and Edward Hanley, executive chairman of Occidental Andina LLC - OXY, as assignee.

According to the president of the ANH, Luis Miguel Morelli: " For the National Hydrocarbons Agency, it is very gratifying to grant the approval of the transfer of interest from the Tacacho, Terecay, Putumayo 9 and Mecaya contracts. Putumayo, a very prospective area of ​​the country that is developing by leaps and bounds, OXY's decision to enter into these contracts confirms not only the prospectivity of these areas, but also the company's confidence in Colombia and the policy of support to the foreign investment of President Duque From the ANH we will accompany these companies without respite so that they can start their exploratory projects promptly, and we hope that in a short time we can have very good news for the Colombians ".

It is worth remembering that the Exploration and Production (E & P) contracts subject to the cession, together, exceed 554,000 hectares: " Tacacho " (238,363 ha), " Terecay " (237,400 ha), "Put - 9" (49,150) ha) and "Mecaya" (30,000 ha).

For his part, Carlos Andrés Martínez, CEO of Amerisur Exploración Colombia Limitada, said: " Today is one of the most important moments for our company because we formalized a strategic alliance with Occidental Andina, which will strengthen our presence in Putumayo. Currently, we have 11 contracts in this region and this alliance covers four of them.No doubt, the experience of Oxy, added to our experience in Putumayo, a very sensitive basin by surface issues but at the same time very prolific, will produce results in the short and medium term in terms of new conventional hydrocarbons for the country and for the benefit of Putumayo ".

Bogotá, DC, June 11, 2019

[kaos3] 12/6/2019 08:44

or CPO5 success
or oxy
or OBA upgrade
....