The problem we have just now is that we can get the oil out of the ground no problem but unfortunately we can't get it all to market due to logistical restrictions. If however we could use Equador as a conduit, well ......................
apologies for typing error spelling your name wrong , this share looks like it may great year with all the wells being drilled this year, hopefully (amer ) will keep updating with as many rns as there has been recently ,hopefully shareprice will be a lot higher in future weeks and months ahead , looks like this may be a great year for this share
Most, if not all, producers in the Putumayo region of Colombia are on restricted production at the moment. The local pipeline is being being upgraded but there are also sporadic attacks (on the line) by FARC to contend with. A neighbour of AMER has signed a deal to export its oil to Ecuador via a different pipeline to the west. There is plenty of capacity and several other local producers have, apparently, signed up for deliveries (in a few months time). AMER has already been able to increase production by trucking to another pipeline further north (see latest rns). But if it is part of this new deal, then it can get much more to market; faster, cheaper and safer. It could be pretty good. Are they in the group of ten?
good posts, predictions this share may rise to 72p or over a pound per share this year may not be to far away when you look at r n s for the 17th april , 493.6 % rise in profits , this share looks it may have a great year with all the fully funded wells being drilled
Yes, I'm sure the sp will show good gains thoughout this year. They just keep drilling wells 1000-1500 bopd and move on to the next one.
They seem to be off the radar for investors in small / medium oilies.
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