Amerisur Resources

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Oil price, Tullow, Independent Oil & Gas, Amerisur, Sundry-Petroceltic-Gulfsands- And finally...

Oil price I have been away for just over a week, during which what might be described as considerable trauma has occurred but the oil price is almost exactly as I left it, notwithstanding some humps in the road. Greece has defaulted which has strengthened the dollar and there is even more crude oil... Wednesday, July 1, 2015

Amerisur Resources acquires Petrodorado South America SA

Amerisur Resources Plc, the oil and gas producer and explorer focused on South America, is pleased to announce the acquisition of Petro Dorado South America SA (PDSA), a subsidiary of Petro Dorado Energy Ltd (PDEL). The acquisition has been agreed under the following terms: Payment to PDEL of a tot... Monday, June 29, 2015

Oil price, Sound Oil, Amerisur, And finally...

Oil price The oil price continues to drift, yesterday worries that China demand really was falling and that Saudi Aramco were trying to fix a deal with the country led to traders cutting some positions. In addition the US led start of peace talks in the Yemen took what remaining geopolitical heat o... Tuesday, June 16, 2015

Oil price, Amerisur And finally…

Oil price Another quiet day in blog land as the oil price drifts but the only one company report is incredibly significant for Amerisur and its shareholders. The oil price fell modestly yesterday, it might have been more as most of the news in the market was bearish. The Saudis have made it clear ... Friday, June 12, 2015

Amerisur signs agreement for construction of the Ecuador-Colombia interconnector pipeline

Amerisur Resources Plc, the oil and gas producer and explorer focused on South America, is pleased to announce that it has signed an agreement with PETROAMAZONAS EP, the Operator of the Cuyabeño gathering system and the wider Amazonas pipeline network, for the construction and use of the pipe... Friday, June 12, 2015

Oil price, Sound Oil, Victoria Oil & Gas, Range Resources, And finally...

Oil price So, the Opec meeting concluded as expected with a rollover of the existing 30m b/d quota and to add insult to injury the communique 'urged members to adhere to it' which adds fuel to the fire. The market had a relief rally after the announcement as some commentators had predicted that the... Monday, June 8, 2015

Oil price, Pantheon, Amerisur, Sundry-Sterling/Tullow/Kosmos/Chariot- And finally...

Oil price A modest rally in the crude price yesterday was mainly due to the weakening greenback as well as further comments from Mr al-Naimi suggesting that oil demand will definitely pick up in the second half of the year. It is certainly going to have to if the latest production numbers are to be... Wednesday, June 3, 2015

Oil price, IGas, Sound, Amerisur, Pantheon, Plexus and finally...

Oil price While I have been away this week the oil price has been quite volatile partly due to the fluctuations in the dollar, its strength certainly knocked the price yesterday. The weakness followed a day when the the first stock draw for a long time gave the bulls a chance to shine but the reali... Friday, May 8, 2015

Amerisur Resources gains approval for Ecuador interconnector pipeline construction

Amerisur Resources Plc the oil and gas producer and explorer focused on South America, is pleased to announce the approval of the modification to the Platanillo field global exploitation licence for the construction and operation of the Ecuador interconnector oil pipeline. This modification has been... Friday, May 8, 2015

Amerisur reactivates Pad 3N

Amerisur Resources Plc, the oil and gas producer and explorer focused on South America, is pleased to provide an update on operations in the Platanillo field, Colombia. The Company has reactivated a limited production volume from Pad 3N in the Platanillo field. This step has been taken due to an im... Wednesday, April 29, 2015

Oil price, Sound Oil, Amerisur, And finally...

Oil price A short blog this morning as I have an AGM to deal with but rest assured that all the announcements will be dealt with tomorrow. The oil price is still subdued at this level, traders tell me that buyers are standing off a touch waiting to see if the price comes back with oversupply the b... Wednesday, April 29, 2015

Oil price, Shell/BG, Amerisur, Trinity E&P, Lansdowne, And finally...

Oil price Resilient is the word that comes to mind with regard to crude prices as most influencing numbers are bearish. Take these stats for example, yesterday al-Naimi said that March Saudi production was 10.3m b/d, even higher than I mentioned yesterday, figures show that in the last week of Marc... Wednesday, April 8, 2015

Amerisur announces final results for 2014; profit before tax down 37%

Amerisur Resources Plc, the oil and gas producer and explorer focused on South America, announces its results for the full year ended 31 December 2014. Highlights: Operational Six successful wells drilled at Platanillo: 7,17,16,15,18 and 20, bringing the total to 15 successful wells and three side... Wednesday, April 8, 2015

Oil price, Gulf Keystone/Genel, Afren, Sundry-PetroMatad-Amerisur, And finally...

Oil price Five days is a long time in oil price terms and this Easter much has happened, causing wild fluctuations in the crude price. The Iran nuclear accord and the Saudi pricing schedules between them have meant at least for Brent, the swing was at one stage over five dollars in less than two wo... Tuesday, April 7, 2015

Oil price, Falklands drilling, Sound Oil, Gulf Keystone, Afren, Sundry-Shell-Amerisur-Range Resources, And finally...

Oil price The inevitable rally in the oil price as the chances of a deal with Iran on the nuclear front starts to recede. Although John Kerry and his team are apparently staying in Lausanne until tonight the market has assumed that a deal is not now imminent. This may be premature as I understand t... Thursday, April 2, 2015

Malcy's Flash Blog

Another flash blog today, as promised yesterday there will be a more detailed update tomorrow but in the meantime a few things to watch out for: The deadline for a deal with Iran on nuclear matters has expired but those close to the process say that talks are continuing, hence the oil price remains... Wednesday, April 1, 2015

Oil price, Egdon/Europa/Union Jack, Parkmead, And finally...

Oil price It's all about the Yemen, as for the first time for a while a good old fashioned geo-political flare-up adds five bucks to the oil price. Indeed, at one stage yesterday Brent nearly negotiated $60 but came off at the end and today its $50 and $58 for the pair. This is because people have ... Friday, March 27, 2015
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