Member Info for BaysilHope

After the RNS and before the Interims, we need NH & JW to exactly why we have spent $4m, what are the statistical capacity improvements being made to RODA system, what other work has been undertaken, cost benefit analysis and so on. One liners don't do it no more. Be more transparent on the Eco side of ops FFS. What I've done in the past is arrange a PI's meeting with the BOD for an AIM company , questionnaire audited and approved before hand reviewed and agreed beforehand etc and talk direct - not in an AGM where detail can't be absorbed properly. OK on far smaller businesses but puts pressure for truth delivery. HNY.

The Ecu Oil super tanker is no doubt turning about face with contract sharing and PetroAmaz giving up 14 blocks due to debt, under resourced, can't cope with Oilfield developments. I got the time frame on Intracampos bid results totally wrong, Maybe Oct See Ecu press news last 3 weeks. Indirectly by Amer get the C pump up helps refloat/ interest in bids for a lot of blocks on the New Production Reserve Sharing Offer and after Business Visit to Scotland , no doubt we would have helped assist to secure the integrity of the RODA System - hence the Urgency on the Pump station creates critical capacity for new bids, Ecu: Point: no thought out by Ecu in Mid 2017 bid process FFS - and is the only part of our RNS July +ve with gusto - as if remotely viewed by potential Ecu bidders in Ecu. so recent bid evaluations would be based on an upgraded pipeline capability provided by Amer Capex so for an involved Multi National bid at smaller blocks adjacent in that area - great news can deal with a peer News soon sometime GLA Mega tired with the merde, ICAEW 'True & Fair' , view of Accounts, especially audited which applies to Interim statements, RNS'a grey area but a multitude -ves at material diversification from the true status of the business different, -- ,it is the Ethical Guide, primary driver for Chartered Accountancy Nick, the last 4 month RNS delivery should reveal both sides of the business, I.a we are ahead of last year production and profit, cash bals thriving, and so on and so forth, both sides of the Argument NH is a FCA and the Gas he's been pumping is one sided -ve deliberate distorted crepe, Nick be warned son. FFS and He needs a slap after a $8m bonues. . GN HNY. Let's see a balanced RNS where All aspects of the business are discussed. Leads to last post- why would the BOD confidently delay all drilling, to miss their personal targets for bonuses, corporate targets for Investors for Profits, Exit rate production and Reserves ending in Dec 18? Current drilling will not replace 2018 production, so we are looking at a potential 2018 reserves shortfall whilst cash builds, . Only one Way - Acquisitions, exclude put 14 too long lead, Ecu Yes, Put 8 Yes and Suroriente. Hence the pump station in Ecu, news by end Oct I messed up on my dates, I though this month, but delays in getting production sharing contracts framework in place. I do believe this will all fall into place, we've lived thru the hard yards - our time soon. GLA LAst post.

Short term FX is a distraction, longer term a weaker Sterling inflates our US$ Earnings if they are material, our costs are in US$ to any remitted funds to UK enjoy a FX gain, if over the medium term Sterling has lost +10% and falling. GNA GL DYOR. Rather earn in US$'s .

General relativity, space time - the closer you/object with mass is to a massive body time slows down as space becomes warped, proved in the 70's 2 planes with atomic clocks, one flew had a faster time than the Earth bound, after journey. Point - No doubt I concede RH Massive Black Hole has slowed down +ve RNS news releases and slowed the SP advance movement and exaggerate a seamless death fall spiral into a Black Hole, despite this being against normal ICAEW regulations. Point 2- there will be a forthcoming Event Horizon for RNS release, when Oilfield and deal developments overtake the suppression of news. I think August is the Catch up month where Spacetime\RNS time gets back into sync. The BOD bleed him for another 12m, after he rejected a deal, time to move on now, all LTH's have had a testicle full now and need to smell coffee. There are potentially 5-6 deals/news extremely advanced and nearing maturity, time to break free from the clutches of the RNS SP Black Hole that is the RH BOD grudge and Re-Define a new era. I know that timeframe was milked - don't change my view on it but BOD grow up, move on. Fingers crossed. HNY GLA

Vetra TSX fund raise still O\s EV $130m, we have 50% of that in cash with larger Llanos offering. A guess what if Amer got it at discount and carved it up between Llans GTE & ONGC we get operatorship. Many oppos abound, but as we are cash positive who knows and JW does acquisitions well if not well maint'ce one deal like this end of downturn days, Quote New Stratus Energy TSX 31st MAy offering - A Fiull of.ploy ..Calgary, Alberta, May 31, 2018 – New Stratus Energy Inc. (TSX.V - NSE) (“New Stratus” or the “Corporation”) is pleased to announce that it has entered into a binding letter of intent (the “LOI”) to acquire Vetra Energia, S.L. (“Vetra”) for a base purchase price of US$88.5 million (the “Transaction”). Vetra holds various interests in certain producing and non-producing oil and gas properties located in Colombia. Closing of the Transaction expected to occur on or before July 31, 2018

Block Field Basin Working Interest
La Punta Santo Domingo Llanos 100%
Suroriente Cohembi Putumayo 69.5%
Suroriente Piñuña-Quillacinga Putumayo 69.5%
Suroriente Quinde Putumayo 69.5%
LLA-64
LLA-78
LLA-5
PUT-8 Exploration
Exploration
Exploration
Exploration Llanos
Llanos
Llanos
Putumayo 100%
100%
100%
50%
Total Proved Plus Probable Plus Possible 67,614 22,270
Pursuant to the LOI, the parties have agreed to an exclusivity period until July 31, 2018. There is no guarantee that the Definitive Agreement will be executed. Under the Transaction, New Stratus will acquire all issued and outstanding shares of Vetra for a base purchase price of US$88.5 million in cash (the “Base Purchase Price”). US$76.5 million will be paid at closing and the balance of US$12 million will be paid within six months of closing of the Transaction. The Base Purchase Price was calculated based on an enterprise value of US$123 million and deducting net financial and commercial debt. We could swallow and digest that value and profit on planned disposals. The longer this takes the longer another option emerges. Only a guess. GLA news soon, then Ecu bid results. Gn

Quote - Huge synergies with - IF we get producing blocks in Ecu, we have the Must Have Property acquisition and close co-op with the 2 country major players. - - For the year ended December 31, 2016, Ecopetrol S.A. was the largest participant in the Colombian hydrocarbons industry, accounting for approximately 62% of crude oil production (according to calculations made by Ecopetrol based on information from the Ministry of Mines and Energy) and approximately 61% of natural gas production (according to calculations made by Ecopetrol based on information from the Ministry of Mines and Energy). Also during 2016, Ecopetrol S.A. carried out development drilling mainly in the Oriente and Orinoquia regions, drilling 133 development wells; 83 of those through direct operations and 50 through joint ventures.
Additionally, Ecopetrol carried out its Onshore Round 1-2016 offering working interest in the onshore blocks LLA-38, LLA-39, LLA-52, PUT 13 and VMM-32 located in Colombia.

Exploration: (6.9%) Ecopetrol S.A. engaged in viability activities at the Recetor, Condor, CPO-8, VMM-6 and PUT-13 blocks; completion and testing at the Lorito, Búfalo and Coyote wells; and environmental recovery at the Caño Sur and CPO-10 blocks. Hocol progressed in 2D seismic and Ecopetrol Brasil participated in rounds of new business in Brazil.

Refining, Petrochemicals and Biofuels: (8.6%) Major and operational continuity maintenance activities were executed on the UOP II unit of the Barrancabermeja refinery, as well as on compressor equipment, steam/gas turbines and major tanks at the Cartagena refinery.

Transport: (3.0%) Progress on system continuity and integrity activities was made at the Poblanco Diversion, and progress was also made in adapting the country’s jet fuel infrastructure. Additionally, Ocensa undertook the replacement of pumping equipment at the El Porvenir station.

Ecopetrol main player in Put 13 and need a development partner - called this earlier, no one listened, Suroriente Next to Put 8 Owned by Vetra, Ecopetrol & GTE up for sale, what happens to Put 8 is mega strategic direction for the Put basin, Amer can open this area up for Ecopetrol & GTE with lower transport costs, I said this 3 months ago. GLA. This will happen in time.

True evidence of SPP manipulation, No Debt - $60m Cash in hand Out up 300% since July 17. POO up +41 % $72, compared to July 17, I will not say the obvious but the FSa need to look at this in detail, it stinks Darkness behind the scenes and whats worse 90% of PI's are sucking this up Princess, what a sick load of Merde, so all you new guys, see the wallpaper, look at what you are dealing with and stay away, for this is the House of Usher. Can't say how depressed with the lack of guts here. GLA

The Company took a decision to suspend production from all its producing wells on the Platanillo field from 10th July to 28th July as a result of social issues in the field and region. The protests were associated with the implementation of the Government's 'Sustiticion de Cultivos Ilicitos - illegal crop substitution programme' an important element of the Peace Process agreed in late 2016. The Government's 'illegal crop substitution programme' compensates farmers for the eradication of their coca crop. Amerisur Resources has been assisting in this process, providing local farmers with pepper plants and farming skills such that they can swiftly make the transition to a more socially desirable and profitable crop.
The issues have been resolved by the Government and all the producing wells have been carefully brought back on stream and Group production is now back above 6,000 bopd. Suspended production during the protest equated to a total of 109,000 barrels of oil, all of which remain in the reservoirs of the Platanillo oil field. Field costs during the shutdown period were reduced from $60,000 to $3,000 per day and the Company used the period to perform regular maintenance and enhancement works on the field.

New low will happen, Why? is there a secret Pricing fix? because on economics it is NOT TRUE, even with lower CPO 5 still in profit, WE HAD NO real CPO5 last year Utter manipulation and the new PI's need to see this cancer. need to contact FSA, just waited for the new low. GLA Look I'm grown up but I do speak up when things are fundamentally wrong. GLA

Output July 17 60k all in so Rev $3m, loss making and conflict duration UNKNOWN, SP 14.5p low, Now say 4kbopd and Rev say $9m, And we are down to a new low, this is cash evidence of the =scam that is AIM, so play it for profit, but it does stick on a Very Grey!!!!!!!!!!!!!!!! this is where the BOD should issue a supporting do but because of history no - understand - but the more this falls it is harder to justify the SP, or a price fix for 3rd parties - take off Amer cash $60m and this becomes an all in. GN Last post. GLA Truly Last post.

PO $ 51,4 Aug 2017 No POO up $72, I think this is a criminal act as Trolls probably paid to push it down short term and disconnected with fear to clear CFD positions and others Vol low so most of us planned in advanced and for further reductions . OK Understand clear out but now the disparity should alert the BOD, which are crap which makes the vicious circle more intense. What a cheap oppo to get it. - July 17 Production Crisis 3 August 2017 Amerisur Resources Plc ("Amerisur" or the "Company") Operational Update
Amerisur Resources Plc, the oil and gas producer and explorer focused on South America, provides the following operational update from the Platanillo field in the Putumayo region of Colombia.
The Company took a decision to suspend production from all its producing wells on the Platanillo field from 10th July to 28th July as a result of social issues in the field and region. The protests were associated with the implementation of the Government's 'Sustiticion de Cultivos Ilicitos - illegal crop substitution programme' an important element of the Peace Process agreed in late 2016. The Government's 'illegal crop substitution programme' compensates farmers for the eradication of their coca crop. Amerisur Resources has been assisting in this process, providing local farmers with pepper plants and farming skills such that they can swiftly make the transition to a more socially desirable and profitable crop.
The issues have been resolved by the Government and all the producing wells have been carefully brought back on stream and Group production is now back above 6,000 bopd. Suspended production during the protest equated to a total of 109,000 barrels of oil, all of which remain in the reservoirs of the Platanillo oil field. Field costs during the shutdown period were reduced from $60,000 to $3,000 per day and the Company used the period to perform regular maintenance and enhancement works on the field.
Export volumes via the OBA pipeline are currently 5,000 barrels of oil per day ("bopd") and where production exceeds this level, excess crude oil is being sold at the wellhead at lower net backs. The Company is focused on increasing the production via the OBA and negotiations to achieve this are being progressed positively with Petroamazonas. Just clock all the guys paid to talk this down even after new lows, mark um. GLA HNY.

Ecu new bids Intra Campos +2kbopd will upgrade quickly ny +50% , Indico 30% +1.5 kbopd Put 8 +500kbopd and N Sands +500kbopd Plat 22 repaired +600kbopd and growing with POO +$85 or no World wide drilling FFS

And reduce Royalties, in situ quick wee and then meds....

I've got three minutes to post 3 points I'm in the Bog, 1, POO, massive suppression due to US elections, Russia pumping, but running any resource company are you replacing reserves on the world stage? chronic lack of investment in 18 months NO then POO up post election and driving season. 2. Vetra deadline has elapsed 31st July Exclusivity deadline, new negotiation paradigm will be announced, can't see GTE letting go of Vetra as a partner with shared reservoirs, buy um. & do deal with Amer. 3 Ecuador MASSIVE change to production sharing contracts from the Old Tariff model which didn't work, so we are in Ecu first mover advantage before the Legislation changed FFS, expect us with acquisition news in August and maybe some producing fields. Remember 3 brokers on board. GN Back in bed promise. GLA And there some Fecking about 1 months lost production on one well, when you acquire a new Oil Block for 10 years potential revenue in a consolidated model, enhanced value and the marriage value cross border is a USP, your intrinsic value increases beyond to a potential buyer - say GTE, we IMO we are doing their leg work for them with a golden parachute vale. IMHO DYOR and NOT now in 3-5 years. . Sorry 4, strip out our cash say $60m, Amer is valued at $100m, with a $100m well due to spud in weeks. HNY I'm adding bit by bit before I will not be able to, no brainer despite the mud slinging. That will be knocked out with one fast producing acquisition or drill result. We enter Aug in a storm and will leave it a different Co.

Done, eyesight blearing, pulse racing Pills popping This is why Dana is here clear a path on acquisitions, mergers and when GTE stays away and joint co-op HNY Sleep iLL11

Get prime real estate cheap, consolidate - if so PUT 8 deal next interested to see the development - Nurse Ratchet Med time Last post til next RNS.Ecuador mid month. Back to depression GLA

I'm in the ambulance last post,1. Notice no Ransom bid for Put 14 - like a GTE to cut Off Terecay and BLOCK our future access to Ecu, albeit in 3 years, no they allowed us just to clear the Path, I think Put 8 Wed news & on this co-operation we have part of it and 3 Why we would not take on Put 14 unless we have a foothold in Ecu? Final GTE know this and are staying back to allow us to acquire the finished article in 3-5 years pain free, so ignore the Short grief, gives an opportunity for long term accum. GLA - Back on meds. Gn I was sleeping until the Put 14 RNS, FFS

Post balanced stuff - I'm done for a good while GLA. GN

SP - Clear the lies - For what shall it profit a man, if he shall gain the whole world, and lose his own soul? For the love of money is a root of all kinds of evils. It is through this craving that some have wandered away from the faith and pierced themselves with many pangs.
No one can serve two masters, for either he will hate the one and love the other, or he will be devoted to the one and despise the other. You cannot serve God and money. HNY GLA

News soon and maybe an Interim dividend after RH is down. Fingers crossed, Maybe that's why they choked Mariposa 1 output to 3kbopd for the Ted Baker RH effect , its been choked for 7 months. longer then my Mother in Law but I'm sacred to release the face mask, trust me she is the real deal -0 ever seen the film Night of the Demon??, FFS