Amerisur Resources Share Price (AMER)

Share Name	Share Symbol	Market	Type	Share ISIN	Share Description
Amerisur Resources Plc	LSE:AMER	London	Ordinary Share	GB0032087826	ORD 0.1P

	Price Change	% Change	Share Price	Shares Traded	Last Trade
	-0.08p	-0.63%	12.64p	1,849,062	16:35:16

Bid Price		Offer Price	High Price	Low Price	Open Price
12.66p		12.76p	12.96p	12.60p	12.82p

Industry Sector	Turnover (m)	Profit (m)	EPS - Basic	PE Ratio	Market Cap (m)
Oil & Gas Producers	84.88	6.60	0.10	123.8	153.6

Related Shares
Royal Dutch Shell (RDSA), Bp (BP.), Katoro Gold (KAT), Spitfire Oil (SRO)

Amerisur Resources (AMER) Latest News

Amerisur Resources News

Date	Time	Source	Headline
14/5/2019	17:00	UKREG	Amerisur Resources PLC Result of Annual General Meeting
14/5/2019	09:52	ALNC	Amerisur Resources Keeps 2019 Production Guidance On Stable Progress
14/5/2019	07:00	UKREG	Amerisur Resources PLC Pre AGM Operations Update
09/5/2019	11:00	UKREG	Amerisur Resources PLC Notice of Annual General Meeting
07/5/2019	09:52	ALNC	Amerisur Resources To Begin Third-Party Oil Exports Through OBA
07/5/2019	07:01	UKREG	Amerisur Resources PLC OBA Third Party Transportation Approvals
23/4/2019	08:21	ALNC	Amerisur Resources Board Director Dana Coffield Dies In Avalanche
23/4/2019	07:01	UKREG	Amerisur Resources PLC Death of Non-Executive Director
15/4/2019	07:01	UKREG	Amerisur Resources PLC Long Term Incentive Plan ("LTIP") Awards
09/4/2019	08:29	ALNC	Amerisur Reports Strong Growth On Higher Oil Production, Prices

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Amerisur Resources (AMER) Share Charts

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Amerisur Resources (AMER) Discussions and Chat

Amerisur Resources Forums and Chat

Date	Time	Title	Posts
22/5/2019	00:30	Amerisur	19,941
05/5/2019	15:09	Amerisur Thread - the one that welcomes any comment and not just blatant ramping	48,040
28/3/2019	06:14	Amerisur Resources	7,578
13/2/2017	14:08	Amerisur Resources - a new dawn	24,240
21/9/2016	18:48	Pipeline	1

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Amerisur Resources (AMER) Most Recent Trades

Trade Time	Trade Price	Trade Size	Trade Value	Trade Type
2019-05-21 16:03:40	12.69	12,506	1,587.14	O
2019-05-21 15:35:16	12.64	73,170	9,248.69	UT
2019-05-21 15:27:57	12.68	787	99.79	AT
2019-05-21 15:26:08	12.76	3,002	383.06	AT
2019-05-21 15:21:40	12.71	32,500	4,130.75	O

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Amerisur Resources (AMER) Top Chat Posts

Date	Subject
21/5/2019 09:20	Amerisur Resources Daily Update: Amerisur Resources Plc is listed in the Oil & Gas Producers sector of the London Stock Exchange with ticker AMER. The last closing price for Amerisur Resources was 12.72p. Amerisur Resources Plc has a 4 week average price of 12.50p and a 12 week average price of 12.50p. The 1 year high share price is 20.50p while the 1 year low share price is currently 9.50p. There are currently 1,215,467,768 shares in issue and the average daily traded volume is 4,636,514 shares. The market capitalisation of Amerisur Resources Plc is £153,635,125.88. Read Full Thread Reply
15/5/2019 11:39	bigwavedave: Belated post from the AGM. No great revelations from the meeting but the background provided by John Wardle was invaluable. A lot more of you should make the effort to attend; you might actually learn something. JW made a heroic effort to get through his presentation despite the constant questions and comments from the floor. Many of the points were intelligent, well-made and worthwhile; others were pointless, repetitive and sucked away at the limited time available. JW listened to everything that was said with good grace and patience even though a lot of the noise, in my opinion, should have been directed at other board members and/or left for after his presentation. In any event, I think they all got the message about the share price etc. Random observations in no particular order: One shareholder asked why institutions were selling. GC said they were not and, in fact, some had increased their positions. He and Alex Snow were continuing to work hard with the City contacts, he said. Re: the Sunday Times article JW said Michinoko "have never communicated anything to me. They believe in the company. They have not sold a single share." Re Calao, JW said the share price reaction was "ridiculous." He explained why this was drilled instead of another location with a greater COS. The coming CPO-5 wells hve much better odds. Oil from CPO-5 is much more profitable than from Platanillo. Platanillo still has plenty to offer - approx 70m barrels. Third party exports have started with a four-bay tanker facility up and running. The delay in getting this started was because of protracted negotiations over a small tax payable to the local council. But the deal is a good earner and has broken a national export monopoly. The production guideline for this year does not include what may come from exploration wells, so with new, successful wells this will obviously increase. JW emphasised the importance of the OXY deal and their in-depth knowledge of the region. He got a round of applause at the end of the meeting. On a personal note, the highlight was meeting up with tony, Q and Lucy for beer and curry the night before. We had a good chat. It was fun although Brian's presence was missed. It was also good to meet up with other shareholders in the pub by the river afterwards. I think AMER is easily worth double the current share price D. Read Full Thread Follow Reply
07/5/2019 10:06	foiledagain: quid. I think its pretty solid too However, I think their rewards have shown they have no connection to profits which is what I believe LTIP should be based on. But to be disinterested in share price is no surprise if their LTIP awards are based on anything other than profits or perhaps share price performance. There should be a clear connection between Director benefits and shareholder benefits and the best way to do that in my opinion is a performance related LTIP based on profits or sp, and the options in any event should be at the market price on the day they were awarded. To have them awarded on the basis they are now as effectively free is not a good idea for anyone other than the recipients. They don't have to exercise their options, so if they get awarded options on the market price the day they are awarded, it is further motivation to see the share price move up from the exercise price. Read Full Thread Follow Reply
05/5/2019 16:25	responsible investor: Production has fallen over the past three years. CAPEX has been significant. New reserves are minimal. Throughput on the OBA has been way below what we were promised and I cannot see any corporate deals which have helped the AMER share price! Change long overdue! Read Full Thread Follow Reply
01/5/2019 18:09	responsible investor: The AMER share price performance has been atrocious, production is lower than 4 years ago, reserves have hardly changed, the OBA is transferring far less than was indicated by the Board 3 years ago. Meanwhile the Remuneration Committee (controlled by the Chairman) has again awarded fully paid shares to a number of Board members - no problem with share issues to non-Board employees - and huge salaries for the part time Chairman, the part time Finance Director and for the CEO. What is holding the company back? Inexperienced Board members consisting of Directors more keen on feathering their own nests than looking after shareholder interests. Shareholders need to improve the image of the company by bringing in reputable experienced Directors capable of generating financial returns for members of the company who have invested their own capital. It is notable and scandalous that the actual amount of investment by Directors is minimal by comparison with their fees/salaries and the amounts which they have awarded themselves over the years under an egregious "incentive scheme”. I intend to vote against the resolutions which will be proposed at the AGM to be held on 14 May 2019 for the adoption of the Remuneration Report and for the re-appointment of the Chairman i.e. resolutions 2 and 4. I hope other shareholders including the institutions which hold a majority of the shares of the company will do the same. Read Full Thread Follow Reply
03/4/2019 17:57	plentymorefish: Wrong on both counts guys. I think if you really believe that someone can move a share price by periodic postings, you're in the wrong game. How about looking more closely at what AMER have achieved over, say, the last 3 years (which is a long enough period to judge a company). It is AMER's actions that can impact the share price (either positively or negatively) the most, not posters on a BB. I would argue that in the last few years, AMER have often over promised/under delivered and that is why the share price is where it is. If AMER can deliver consistent success, including better utilising the OBA, increasing production and getting the drill bit turning quicker and more frequently, then the market may start to believe and the share price will take care of itself. I will leave it at that and promise I won't post here again. Read Full Thread Follow Reply
31/1/2019 15:00	somnus101: Others may have missed it too THURSDAY, 31 JANUARY 2019 Home Welcome About Our Company Our Assets Colombia & Paraguay Investor Centre Indicators Sustainability Our Approach Media Files Contact Us Information HomeInvestor CentreFAQs EmailPrint Questions To The Team Operations What does the upcoming work programme consist of? Amerisur has a near term, active, fully funded work programme. In the near term, following success at Indico-1 well, we plan to immediately commence a four-well drilling campaign to determine the prospectivity of the area within the LS3 play. This campaign will consist of the drilling of Calao-1, Pavo Real-1, followed by a further two wells to be drilled in the Indico structure from the Indico pad to refine resources and reserves estimates. Furthermore, following the farm-out agreement signed in November 2018, Occidental Andina will fund a $93.25m exploration and appraisal program between 2019-2021. This programme is targeting Putumayo-9, Terecay, Tacacho and Mecaya, all in the Putumayo region, in southern Colombia. The farm-out blocks extend over 1.4 million acres and have prospective resources of 656 MMBO. The work programme includes the acquisition of 878 Km of 2D Seismic and the drilling of five exploration wells. The drilling of the first of up to six wells on Coendu structure (Putumayo-9 and Putumayo-12) is expected to begin in Q3 2019. In addition, Miraparriba-1 on Putumayo-8 is expected to spud in H1 2019. Why does the OBA throughput appear reduced some months? OBA throughput is not necessarily a reflection of production given royalty barrels are collected at the wellhead by the government and they choose when to collect them. They may go for several months without collecting before giving Amerisur notice they wish to collect. The Company has substantial storage in field where inventory can be built up pending pick up by the government (or OBA throughput). Are there plans to transport third party oil via the OBA? Amerisur is 100% owner and operator of the OBA pipeline, a key piece of strategic, cross-border export infrastructure delivering world-class operating margins and further growth potential. The Company’s focus is to further increase the export of its crude through the OBA following exploration success and progress further commercialisation options to best utilise this important piece of infrastructure. The Company is reviewing options to utilise the capacity through the purchase of local crude until production ramps up. The Company is awaiting the approval of the Ministry of Mines and Energy in order to begin purchase and shipping of third party crude via OBA. That approval is expected in H1 2019. In November 2018 Amerisur signed an agreement with Occidental Andina for the transport of oil produced from the blocks shared with Amerisur, with a commercial tariff charged for Occidental Andina's share. What is the current political situation in Colombia? The current Colombian government, led by Ivan Duque, which took office on 7 August 2018, represents a centrist position, with an ambitious manifesto of social equality, economic development, fiscal stability and the continuation of the peace process. The President has shown himself to be extremely committed to supporting industry and has underlined the importance of hydrocarbon exploration and production to the nation and the fulfilment of the aims of his administration. Government is currently canvassing the industry for suggestions to improve the efficiency of the agencies and Ministries, with the commitment to attack bureaucracy and minimise delays to oil projects. Amerisur is committed to working through the social issues in the country and we continue our ongoing support of the peace process. We are committed to supporting the local people via our various community initiatives and contributing towards a peaceful and equitable operating environment. Read more about our initiatives here. Financials What is Amerisur’s financial position? Amerisur is in a strong financial position, reporting revenue growth of 93% to $67.9m, profit after tax of $10.8m and a robust cash position $49.3m at its Interim Results in September 2018. Our strong cash generation from existing production and balance sheet delivers a fully-funded work programme. When will Amerisur pay a dividend? It is Amerisur’s aspiration to pay a dividend once it is delivering sustainable production from multiple fields. The Company is making positive steps towards this goal, with production now coming from two oil fields. Cash returns to shareholders are regularly discussed by the Board and firmly remain a goal. Corporate Governance Is the Amerisur Board aligned with its shareholders? Yes. The Board is 100% aligned with shareholders as demonstrated by the recent director dealings by John Wardle, CEO, and Giles Clarke, Chairman of over £1 million and £70,000, respectively. When are Directors in a closed period? Due to the Company’s ongoing fully-funded work programme, the close period regularly changes, and we cannot provide guidance on this and when the Directors are able to buy shares. Disclosure When is the next production update? As per industry best practice disclosure we provide production updates on a quarterly basis, alongside regular operational updates. When can shareholders expect a reserves and resources update? The Company publishes its reserves and resources report annually, usually in the first quarter of the year. From time to time interim updates are made. Our most recent Reserves, Operational and Production Update can be viewed here. http://b.artbetting.net/ BetFair - ArtBetting.netFull Reviw on best bokmaker - Ladbrokes Ladbrokes full information CURRENT SHARE PRICE EMAIL ALERTS Click here to register for email alerts from Amerisur Resources LATEST NEWS MORE NEWS REPORTS & PRESENTATIONS Farm-out Presentation webcast Farm-out Presentation November 2018 Interim Results Presentation September 2018 Operational Works Update Presentation 8th June 2018 Company Presentation May 2018 AGM Presentation webcast AGM Presentation May 2018 Notice of AGM to be held on 15th May 2018 and Proxy Form Final Results Presentation April 2018 Financial Statements for the year ended 31st December 2017 Interim Results Presentation September 2017 MORE FILES TO DOWNLOAD Amerisur Resources PLC © 2018 Read Full Thread Follow Reply
04/1/2019 09:22	fadilz: Well my own way of assessing the share price relies on the NPV model, about which I have posted over an extended period. What I will say is that over the period Aug 2013 to Aug 2017, changes to NPV (function of reserves, production, profit per barrel), were closely mirrored by a corresponding change in share price. That relationship broke between Aug 2017 and now, with share price significantly below what I would expect given NPV movement. The share price now is approaching what the model predicts - that is somewhere around 21p. So we seem to be returning to some kind of normality. Is that an RH effect? He was selling just as much if not more in 18 months leading up to Aug 2017, and since it had no effect then why since? To my mind the RH discussion is tiresome, especially since it does/did not provide any actionable guide to buying/selling - so I did and do ignore it. Constant repetition does not make it true, I am not convinced by the evidence, and have in any case (to my satisfaction) a better way to assess/predict the share price. Plat was always seed-corn for development of new reserves and production, and this is what will determine share price, along with profit per barrell. It is clear that we are at last making progress on all fronts on the back of some fantastic acquisitions and deals, and 2019 should see multiples of current sp, though low 20s is fair for now - I will post more when parameters of CPO-5 become clearer, or if Plat produces more than 4k. Read Full Thread Follow Reply
29/12/2018 23:30	mirabeau: Just got access to the Shares article from early Dec. It was subs only but not any-more for some reason - tsmith2 - all the previous Financial Statements were dated 31 of Dec each previous years - - Oil play Amerisur is at a major turning point The Colombian oil producer looks exciting after a $93m agreement with a US firm and exploration success 13 December 2018\|Great Ideas Issue: 13 Dec 2018 We think a very active period for Amerisur Resources (AMER:AIM) could be the catalyst for the market to take another look at the stock. A recently secured $93m farm-out agreement with US firm Occidental Petroleum (23 Nov) and news of a potentially significant new oil discovery (10 Dec) has breathed some life into the share price. A forward price-to-earnings ratio of 10 times suggests the shares remain inexpensive and so we still believe the share price has much further to rise. We expect momentum to be maintained in the coming months as the Occidental deal helps accelerate activity across the company’s acreage in Colombia. The political instability is one of the risks which must be weighed when assessing the stock, and this, plus some delays in fully tapping the potential of its Colombian assets, has been a factor in holding back the share price in the past. However there are plenty of reasons to be positive. The company is underpinned by a strong and growing production base from its Platanillo field of around 5,500 barrels of oil equivalent per day. It has a low-cost export route through a pipeline into Ecuador. Amerisur can fund activity from robust internal cash flow and it is sitting on plenty of cash. Stockbroker Arden forecasts it will have $49.3m cash at the end of 2018. This buffer also provides some insulation from short-term volatility in the oil price. The recent successful result from the Indico-1 well, where Amerisur is partnered with Indian state oil firm ONGC, marks the start of a busy period of drilling activity with 12 more wells set to be drilled through to the end of 2019. This has been augmented by the agreement with Occidental which will see Amerisur carried on a big seismic survey and five-well programme through to 2021. The company’s chief executive John Wardle has plenty of in-country experience. He has been working in Colombia for the best part of two decades – initially for BP (BP.) and then Emerald Energy where he was responsible for the discovery of the Campo Rico and Vigia oil fields. Emerald, which also had assets in Syria, was taken over by Chinese state firm Sinochem for £532m in October 2009. And Wardle has backed his faith in Amerisur’s forthcoming drilling effort with cold hard cash, investing nearly £1m of his own money in company shares in the wake of the Occidental deal. - Read Full Thread Follow Reply
15/12/2018 21:43	tradesmarter: We think a very active period for Amerisur Resources (AMER:AIM) could be the catalyst for the market to take another look at the stock. A recently secured $93m farm-out agreement with US firm Occidental Petroleum (23 Nov) and news of a potentially significant new oil discovery (10 Dec) has breathed some life into the share price. A forward price-to-earnings ratio of 10 times suggests the shares remain inexpensive and so we still believe the share price has much further to rise. We expect momentum to be maintained in the coming months as the Occidental deal helps accelerate activity across the company’s acreage in Colombia. The political instability is one of the risks which must be weighed when assessing the stock, and this, plus some delays in fully tapping the potential of its Colombian assets, has been a factor in holding back the share price in the past. However there are plenty of reasons to be positive. The company is underpinned by a strong and growing production base from its Platanillo field of around 5,500 barrels of oil equivalent per day. It has a low-cost export route through a pipeline into Ecuador. Amerisur can fund activity from robust internal cash flow and it is sitting on plenty of cash. Stockbroker Arden forecasts it will have $49.3m cash at the end of 2018. This buffer also provides some insulation from short-term volatility in the oil price. The recent successful result from the Indico-1 well, where Amerisur is partnered with Indian state oil firm ONGC, marks the start of a busy period of drilling activity with 12 more wells set to be drilled through to the end of 2019. This has been augmented by the agreement with Occidental which will see Amerisur carried on a big seismic survey and five-well programme through to 2021. The company’s chief executive John Wardle has plenty of in-country experience. He has been working in Colombia for the best part of two decades – initially for BP (BP.) and then Emerald Energy where he was responsible for the discovery of the Campo Rico and Vigia oil fields. Emerald, which also had assets in Syria, was taken over by Chinese state firm Sinochem for £532m in October 2009. And Wardle has backed his faith in Amerisur’s forthcoming drilling effort with cold hard cash, investing nearly £1m of his own money in company shares in the wake of the Occidental deal. Read Full Thread Follow Reply
24/11/2018 07:37	beauf: Can Amerisur Resources hold onto 40% gain? by Rajan Dhall from ;interactive investor \| ;23rd November 2018 12:25 It's been a great day for Amerisur Resources. Financial markets analyst Rajan Dhall talks us through the key drivers and runs the numbers to see what the share price might do next. Amerisur Resources is a popular AIM-listed oil and gas company focused on South America, with assets in Colombia and Paraguay and production from two fields in Colombia. After a difficult four years during which the share price has slumped from over 66p to just 9.3p this week, Amerisur has something to cheer about. Today we hear the company has entered into a farm-out agreement with US multinational Occidental Andina across exploration blocks Putumayo-9, Terecay, Tacacho and Mecaya, all in the Putumayo region, in southern Colombia. This comes just two days after Amerisur announced it had bought the outstanding working interest in Mecaya. For a 50% stake in each block, Occidental will fund a $93.25 million exploration and appraisal program between 2019 and 2021. Occidental will fund 85% of the total planned 2D seismic cost expenditure of $65 million and all of the $38 million planned drilling program. The market has taken the news well. Amerisur shares were up as much as 40% in early deals, topping 14p for the first time since September. They’ve drifted back since to around 12p for a 20% intraday gain, valuing the business at £147 million. Tullow Oil: A catalyst to halt the declineWhy Sound Energy has now lost 60% in one month And this is clearly a positive for the business. Amerisur has prudently shipped out some original partners to streamline the business process in the Caguan-Putumayo basin and then brought on another more experienced partner who can help with the expansion of overall operations. Importantly, the fact that Occidental Andina would operate the farm-out blocks, which extend over 1.4 million acres, and the potential prospect of 656 million barrels of oil is a massive plus. As chief executive John Wardle says: "…this transaction will now amply fund, widen and bring forward our exploration programmes in the Put-9, Tacacho, Terecay and Mecaya properties, which we and our new partner believe to hold very substantial resource potential." Speeding up the work programme while dramatically reducing the company’s capex exposure, and the introduction of a partner with significant experience in the region, can only improve sentiment. All in all, great news for Amerisur. Amerisur chart analysis Looking at the weekly chart it is clear to see the company is in a downtrend and in need of some good fundamental news. Today, Amerisur's share price encountered some resistance at the weekly trendline originating from the highs seen back in August 2014 to the wave high in May this year (see chart below). If buying volume persists, there is a good chance of a break to the upside, but there are a number of potential resistance levels to be aware of. The 15p area was used strongly as support once in mid-2017 and then again in April 2018 where price saw a mild reversal up to the 19.22p resistance point. Resistance here was key after the capitulation of the share price from August as it held twice, helping stem losses. Moving forward, the volume indicator at the bottom of the chart is showing buying interest at these low price levels. One major issue does seem to be the current depressed oil price. A move higher from here will depend on buying volume persisting alongside a recovery in Brent and WTI crude prices. Source: TradingView () Past performance is not a guide to future performance Horizontal lines on charts represent levels of previous technical support and resistance. These articles are provided for information purposes only. Occasionally, an opinion about whether to buy or sell a specific investment may be provided by third parties. The content is not intended to be a personal recommendation to buy or sell any financial instrument or product, or to adopt any investment strategy as it is not provided based on an assessment of your investing knowledge and experience, your financial situation or your investment objectives. The value of your investments, and the income derived from them, may go down as well as up. You may not get back all the money that you invest. The investments referred to in this article may not be suitable for all investors, and if in doubt, an investor should seek advice from a qualified investment adviser. Read Full Thread Follow Reply

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