Amerisur Resources

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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

Amerisur Resources pipeline update: signing of operation Letter of Intent by PetroAmazonas

Amerisur Resources Plc, the oil and gas producer and explorer focused on South America, is pleased to announce the signing of the Operation Letter of Intent ("LOI") by PetroAmazonas, the Operator of the Cuyabeño gathering system, and the wider Amazonas pipeline network (RODA) which ... Monday, February 9, 2015

Oil price, Amerisur, Falklands, Sefton, Sundry-Chevron-Afren-Genel-Hunting-Egdon-And finally...

Oil price Well, Houston we have some activity in the oil price. Without any change in the fundamentals, apart perhaps from the rig-count, the oil price is off to the races. On Friday the price was up sharply after the Baker Hughes survey showed a fall of 94 oil rigs down to 1543, the biggest weekly... Monday, February 2, 2015

Amerisur Resources revises 2015 plan and suspends production from higher cost pads

Amerisur Resources Plc provides a 2015 update to shareholders in the context of the WTI oil price, currently at approximately $48. Highlights: 2015 plan Given the prevailing oil price and a conservative oil price assumption for 2015, and whilst the Company waits for the commissioning, construction... Monday, February 2, 2015

Oil price, Petroceltic, Sundry-Circle/Gulfsands/Amerisur, And finally...

Oil price Traders tell me that crude markets are quiet with index re-balancing ongoing and fundamentals still overwhelmingly bearish. Having said that the tanker market continues to tighten as supplies build up in a contango market. I have read press comment about a leading US investment bank sugge... Friday, January 9, 2015

Amerisur Resources appoints new Senior Independent non-executive Director

Amerisur Resources Plc (AIM: AMER) announces the appointment of Stephen Foss as a Senior Independent non-executive Director with immediate effect. Mr Foss has over 30 years of experience in the capital markets industry, having spent his career in Australia, Canada and the UK. He previously led the ... Monday, January 5, 2015

Oil price, Chesapeake/Devon, Amerisur, Sundry-BP-Ophir-Hurricane-Trinity-Faroe-Tullow-President, And finally...

Oil price Proving that the oil price can fluctuate considerably on the most vague of rumours was confirmed yesterday when a pipeline explosion happened in Saudi Arabia. Brent, having been as low as $81.63 during the day, took off and at one stage reached $84.45 before the explosion was confirmed as... Thursday, November 6, 2014

Oil price, Nabors, Shell, Amerisur, Nostra Terra, Sundry and finally...

Oil price Whisper it very quietly... but we might just have seen the bottom for the oil price, at least for the time being. Now this is no cause for breaking out the champagne nor does it signify a meaningful rally but there are a couple of small signs that the major part of the fall has now happen... Wednesday, October 22, 2014
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