Member Info for BaysilHope

Looking at the Gulf Sands last Pres - its appears to be an up dip migration, Put 13 is adjacent to 12 & 14 is south of Terecay. Could be a cheap infill acquisition to consolidate acreage when penalties are flying around for the target block holder. GNA GL. Quote Amerisur acquired a 100% working interest in Terecay in March 2017 from Pacific Exploration & Production (now Frontera Energy) and will be Operator. The Terecay block lies between Put-12 and Put-9 and Tacacho. Regional mapping has been completed, but more seismic data is required to determine if the structural trends coming from Put-13 and Put-14 blocks extend northward to Terecay. The regional seismic processing project commissioned by the Company is expected to assist in prospect definition. Last post.

First All sorry for the outburst End. One point - GPX Gulf Sands has de- listed and in Merde a JW target - Possible Acq'n as we knows Reg Body ANH Col mega well. Licence expires and penalties for the former. Quote - no news since - ;21 March 2018N Quote - revisited - GULFSANDS PETROLEUM PLC Operational Update Colombia In Colombia, Gulfsands continues to hold a 100% interest in the Putumayo-14 (�PUT-14�) and the Llanos-50 (�LLA-50�) licences. On 11 October 2017, Gulfsands announced that it had received confirmation from Agencia Nacional de Hidrocarburos (�ANH�) that the PUT-14 Licence would return to �Phase 0�, meaning that the Company now has the required time to diligently complete the consultation process with the local indigenous communities (the �Consulta Previa�) in the Putumayo region. This Consulta Previa is now underway and is expected to be completed in August 2018. On completion of Phase 0, the PUT-14 Licence will enter a 3-year Phase 1 exploration period meaning that the PUT-14 Licence will now run until at least mid-2021. The Company has re-invigorated its farm-out initiative to find a partner for this licence and this initiative is ongoing. While Gulfsands is in discussions with a number of potential parties, no binding agreement has yet been reached with any such partner. The LLA-50 Licence is due to expire in May 2018. For the last 6 months, the Company has been diligently completing Medidas de Manejo Ambiental (�MMA�) and Environmental Impact Assessment (�EIA�) environmental work. Seismic reprocessing work in H2 2017 reconfirmed the leads which had been previously identified, but this subsequent environmental work has identified relevant environmental issues and restrictions with the execution of the seismic program over the areas of interest. The Company continues to discuss with ANH a potential resolution to the current issues but the outcome of those discussions is unclear at this time. Resolution could involve relinquishment of the block or extension of the phase to allow time to ascertain whether the environmental issues and restrictions render the execution of the exploratory program unviable. If the Company cannot reach agreement with ANH on the way forward, there is a possibility that ANH could impose potential penalties for unfulfilled work obligations, as disclosed in the Company�s 2016 Annual Report and the Half-Yearly Financial Report for the six months ended 30 June 2017.

JW 15 mins in Webcast - Maint'ce unplanned - utter twaddle, does say a great deal about our lack of output consistency, not good, where are the other Directors, any business plans around the weakest link and invests for HSE and consistency of performance JW's points are unacceptable and need further revision as leaving these to fail could be dangerous. I will email tmz. FFS its a consumable - if this attitude was on an airline your dead and to put a complete slide on that and comment is crazy what was he thinking,? he's broken every HSE rule FFS JW if the guy's injured did you have preventative maint'ce no Why? Its a consumable. Yes JW but its travelled 7MMMMMMM FFS. Grow up. Houston we have a JW Total dominance Kim Jung problem, mhe cah't do it all and he is not that Clever FFS, look at the output record. I like him in restricted chains to an II BOD. GLA

No detailed Ecuador maps linked to Col drilling other than Blanca but boarder wide , yet we are investing in Chirtiza deep in Ecu , the lack of definition of the pipeline and blocks traversed is feckin winding me up, 35 sildes but deliberately disjointed with no co-terminus spin worthy of research. I will object and I work close to St Mellons, gives me a list HNY. The magnitude of the LTIP needs data. PLus Put 8 deals silent and bids in Ecu. GN Last post

For others to down load, why are we upgrading the RODA pipeline output beyond our remit? A Crude waste or clever tactic? , but really . Remember Petro Am been let down since 2014 for investment ,China etc etc their last offer Menores Round blocks failed, Ecu output falling no E & P. We would not being upgrading the RODA systems for other Block owners to Pxss in our face and do nada. Check a few maps and see the opportunities. GTE are stuck in Put 7 trucking and Suriente same GTE small % our Put 8 is logistically key except we own 50%, given CPO 5 sale we could out Vetra and 40% of Put 12 with cash, CPO 5 sale we could go Urco dealing , rather than drink teas with the Indians and pacify . I have backed my 10Bob on common sense and after Charlieeee said about JW in the AGM I believe that ' passion - he can get it done but with help as we expand. . That said I totally disagree with JW and the Feckin insecurity that comes with his package, we have had 4 months of neg news and no positive to get the LTIP Nada Caca Torro and -to add Major point - Not conjoined Info disinfo FFS look how disjointed the Block maps are on the Presentation FFS I asked the CIA to confirm our yardage, this man needs to grow a feckin pair and gain trust TRUST!!!!!!!!!!!!!!!!!!!!!! , try linking Put 9 and Ecuador pipeline logistics, disjointed for a reason to back hold excuses for non performance Jesus. Remember our output has fallen to 5.7kbopd when POO is +$75 because of a tube failure, elsewhere he's sacked ask Kim Jung FFS he'd be Fired with an anti aircraft weapon JW needs to grow a pair, on this I don't blame GC, this guy needs a stronger Board, as it works for him but not us. I'm feed up of games grow up, you are in charge of a $300m PLc if it fails warns - get ahead of the news - and Fxxk RH, I'm not investing in his whims. Weak is where weak makes excuses.

IMO DYOR, JW is tight on cost, which can work against you as did Put 6 and I disagree about Preventative maintenance, if it';s a consumable, like slide 9 ish, its risk after 7m barrels of fluid change refineries do it plan auto change no on failure - if output is to be maintained and on a broader canvass change it FFS. My point JW - I guess would love a $120m cash inflow, that could DE RISK all Ecuadorian investment and timelines, provide civils and infra structure for Colombian E & P and blending and move into the big areas of Tacacho & Terecay 900MMB where large areas and logistics exist and could cover down side risk of drill failure totally covered by cash profits, even acquire more blocks through a cash trade both countries. You have to factor in the Opportunity cost of hanging in there CPO 5 and getting +$50m extra with no control , or getting ahead of the competition with proactive operational investment that +$150 would deliver, the POO affecting CPO5 affects the other investments so its neutral and long as its in the $75-80 range. Last point, Put 8 could be a diplomatic and logistical dream. By drilling from Suriente East into Put 8 you are potentially locking Put 7 as well , that block Suriente and Put 8 into the OBA, check the map and offer lower cost transport to GTE directly. These guys are playing ball now, a pre-cursor to blending. No wonder we are upgrading the RODA 9k is not enough in 12mths. Quote News Ecuador Minor Fields Initiative : The approximate needed investment is USD 800 million to develop four smaller fields: Drago - CPVEN (Sucumb�os), Guanta Dureno - CPVEN (Sucumb�os), Parahuacu - CNPC (Sucumb�os) and Paka Norte - Vinccler C.A. (Orellana). The juridical device to be applied is that of the "contract for the provision of specific integrated services with financing from the contractor, for the execution of drilling and completion of wells, reactivation of closed wells; and, construction and expansion of required facilities." The model contract transfers the risk of the investments and results to the contractor, who will bill a variable rate indexed to the WTI Crude marker. With the negotiations of these Minor Fields, an estimated increase in production of 90.8 MMBP is expected during the 10-year term of the contracts. Oil & Gas 2018 Fields: This process is underway and is intended to attract private investment for the Cuyabeno-Sansahuari, Oso, Yuralpa, Blanca-Vinita and Amistad fields, located in the provinces of Orellana, Sucumb�os, Napo and El Oro. GLA Sorry for the quick Dump. GN

CPO 5 is a pure diamond in the rough, a fortuitous acquisition in the bottom cycle and developed with AMer skill set, at 30% we have a minority share and are not operator, it does not fit into the Put strategy - geography, we are all looking South -and large expansion into Ecuador where our Oil is being exported re Shell deal. The economics are brilliant, great quality Oil but you can't build a business plan around ONGC majority stake and National Co whims, they are still testing Mariposa 1, as Focus 321 states, next 3 wells come in, field output say 20kbopd at 30% 6kbopd @ $50 net back $110m Discounted NPV after tax 21% 3 years take out royalties High Oil Tariff, less discount for ONCH Pre-emeption rights for a restricted sale, if we get $120m absolutely world class brill which would be swallowed by in field development of multiple producing assets in Col & Ecu and Blending facilities, including Put 9 & the 2 x T blocks. That would also give us a divi. GC states in his Jan 18 its non core and JW intimated at best price consider a sale., a $120m cash would get us through 20kbopd, 2 years earlier than planned and even afford a share buy back. PP I do agree 100% - it stands out as a golden egg at the Mo when compared to our aged and non proven assets. That will change soon. The critical mass of potential Oil reserves are in South Col & Ecu, over 1bn, and that excludes Ecu targets which we should here about next 3 months. GLA. There will be time in the next 12 months, where the incremental value of additional wells in CPO5, after 4, are out-weighed by exponential opportunities appearing down South, in resource, value magnitude and number.

ML I tried up on Exeter, I picked an accumulator, Exeter Chiefs, Villa, Scarlets, Liverpool, all lost, my kids were in bits laughing and we couldn't watch Real Madrid, No BT not on Sky, Cheated. On the Elections, lets hope the hard yards for peace continue to gain momentum, as JW's eluded to legit crops such as peppers can generate honest meaningful returns if allowed to get trying established. Fingers crossed, I'm staying away from this election, no bets. GLA. And to cap it all had to go to A + E tooth Ache and got my gum lanced x 2 for good measure FFS, what a feckin weekend. All I need now is POO to hit sub $76 OPPS ...........merd

Three things stood out for me in the latter JW 53 minute update which made sense of the slide presentation. Point 1 Put 12 has a large area adjacent to Ecuador and a southern well Maracaya is targeting the extension of the Blanca field in Ecuador into Colombia, a proof of concept. The Blanca field is STILL up for sale and failed to get an acceptable off in the Campo Menores auction Jun 17, you can get the full breakdown of the field 20page power point Campo Blanca by PetroA. I digress, Point 2 JW stated that the Put 12 block southern boundary does NOT extend as far as the Ecuador border, but if the well comes in he can extend the block boundary - which would then have block acreage marriage value with the Blanca field in Ecuador. Why upgrade the RODA system in Ecuador unless you are going to acquire producing blocks in that country cheaply The poor state of the pipeline probably made acquisition Unattractive for other bidders. Point 3 Ecuador country production is falling due to the lack of Exploration last 10 years. So these blocks on offer with proven systems are ripe for Exploration. I think we could get production coming out of Ecu this year through purchase and hence the Shell facility $35m, I think Blanca was offered at $21m, given the work we are doing and the value upgrade to RODA, for Petro A making other blocks more valuable due to an upgraded lower risk pipeline, we could get a real JW deal. , why arrange shipping charters if it's only PLat output. Also API for Blanca 23.8 and 2.2p reserves with limited drilling, its been producing since 2004 and in decline, so new seismic and understanding could do wonders. + 3 wells there we could get 2-3kbopd the other side of the OBA. Its part of a hidden strategy IMO DYOR. Ferms, they are tucked in and I'm putting a further 10bob on Amer after the elections. I've gone to Ladbrokes got �4 on Put 8, �5 Put 12 and �50 we but Blanca field in Ecuador in 2018, an accumulator with the Scarlets beating Leinster. HBY GNI. GLA Full day of sport come on Liverpool.

Got this from ADVFN, I'm not an IT link man, but copy and paste - Thank you ADVFN At last detail from the man I was frustrated as there was to be a video etc but JW explains in depth Reserves etc etc I'm satisfied we have some answers, a start - huge move forward and with our native Col In Country Man. I've not had time to listen to the 53minutes but the first 5 shows ownership and detail, that's what I missed. GNA - will have supper and listen in depth a few times no doubt GLA.See below. hTTp://webcasting.brrmedia.co.uk/broadcast/5af56ddbb8283f1e00f55185 plus Https://s3.amazonaws.com/brrmediauk-brrmedia-assets/audio/1e7dc533-993b-4e0c-ae30-d76faed833d7.mp3 JTD thanks great help eyes and ears of the BB. One point of Shale, it is a bit of a loss leader in as much as it reduces the amount of US Oil imports. Interesting the enviro attack on Sulphur will help the US export to China light crude - an energy deal and requires KSA to invest in refinery Technology by 2020 scrubbing, take a look at Quadrise, its High risk, not a recommendation DYOR low Mkt Cap limited cash no revenue and had a kicking but concentrates on Marine use of HFO - Heavy Fuel Oil marine shipping fuels. It is high risk but I used the Accounts to understand about Shipping Oil - cheap Bxxtard. So US more economic value, jobs, infrastructure payroll econ activity to prop up bsnk debt and have a loss making Shale then Import directly and screw up the US Trade deficit further. But JTD as you say thety can't respond with debt and physical bottlenecks GLA JW seems to be addressing the real issues with AMer only a small way in, should learn more about AMEr with a tad more openness. Only available today which seems late!!!! Better late than never. Thanks ADVFN great posts.

Hi BB, Genuine question, no edge no game, Catcher cost $1.6BN MOL 20 % Their stake Equity Cost 20% from MOL cash outlay $320m, they've had production so far, no deal could be done until Max 60kbopd locked in. MOL need to spend $1bn on capex on their controlled ventures 2018 need cash . Genuine Question to the BB, what price would they accept as an exit +12kbopd for PMO would smash PMO debt - if funded in Part by equity. My guess, First date 31st Dec Will allow MOL to take on 6 mths production cashflow and WC lower final exit. Target price $5000m of which MOL would need +$350m cash min - a cash return on what they put it plus interest. Profit on the deal, WC prod'n and shares, I think $200m placing - which is nothing after a 400% spike in the SP. With MOL PMO will smash debt with some equity or deferred funding. What a success story, basket case 12 mths ago now +$1bn Mkt Cap and CAN issue equity as an option - Not possible for +3 years, well played, that's how to manage a storm. GLA HNY . Last Post BB off to bed. HNY

Sorry, forgot to mention in part 2 Gary CEO GTE clearly states they are trucking oil and are looking at pipeline options with partners., with security of supply intact. And then they look at slide 9 and our maintenance record FFS, a $200m plc with a $30k Maint'ce budget, 3rd pump on its way for OBA by donkey and some unknown pot holes delays the road 3.8km not the M25 . Wacky races IMHO or deliberate. If planning's delayed 3 months, what's stopping the extra investment in surveying and Due Diligence for the civil works FFS. GTE won't have to make a Take over bid the - all investors will walk their shares across unless we get HONEST and start describing the business flow of Info not snap shots to conceal OMD's it's a UK band also . HNY GLA GN I bet Gary GTE has Bxll ache laughing.

JTD again great help, Do you work for the British Foreign Office? A very insightful interview, I do warm to Gary GTE he is a measured man and de-risked GTE and they are not valued in respect of P2 as they strategy deemed. I take comfort from GTE PDPR reserves decline and explained very well , in that we are not being totally side swiped. The Ecuador opportunity , I've banged my gums on us getting 2-3 blocks as a reward for the RODA investments this year July announcement ish. LTH's need patience as the MM's wax and wane the SP to drain more away from all of us, i.e coax a 20% STG and not hold in there for the 50km, Chacun a son gout. I did have a sneaky peek at the AGM Presentation as a laugh Page 28 Graphics, FFS Play School, and the deliberate disjointed nature of slide 9, there it is! There the evidence it's broken we've fixed it. No mention of the maintenance budget for this year and next, hopefully output recovery rates, utter disinfo - NO mention of 1bn Ecuador opportunity. It's either very clever deliberate understatement, or we have very real presentation skills that can't communicate strategy, timelime corporate objectives and goal achievement. GN Last post, I had to change my pants, - LOOK there's a broken pipe, , we've lost 1kbopd for 2 weeks, so a $800 pipe cost us $200k!! Well done -if my engineering manager did that he'd be sacked, Why did you let it get broken FFS TxxT. Who do these guys think they drivelling. Get real, move on from RH and become a BOD.. HNY GNI. Caca Torro.

Thank you - will study last post & Map GN, great work, really appreciated TA. GLA

Hi BB, been away struggling with other AIM's, this share performance has been awesome, from 44p June 17 to �2 adjusted, swallowed a CBH Conv no issue and up from a conv price of say 74p, so at �130p what does that say to a investment hungry Co, PMO have earned the right to choose options, which is a remarkable achievement when we we here at the cusp. RF is a major player IMO and I think PMO will deliver a MOL catcher deal next 2 mths maybe 10% with Cairn but what a performance in delivering Catcher, excellent, no down on the SP for me. If they use equity it makes PMO stronger stand the MM's and Pi's have seen that grow from Mid 70's a know known but mega positive because the income gained will be cheap knowing RF. GLA HNY I wish this Co and PIs all the very best having suffered the lows a year ago - too bad for my health GLA - This Co will do very well. No Doubt IMo Last post.

Last point, when I grew up you got the cane for either being stupid dishonest or not owning up to a - reminds me of GC. GC inaccurate comments of106m from the Bogey man on all BB's, when you are part time your soul might be elsewhere - India CC. A common stand built on insecurity is to duck responsibility blame the next guy, not accept change challenge growth and so on. Part of the reason the Sp is where it is is simply the incredulity of its component parts. This is indeed a JW venture, which is not good for control and succession planning, greater in depth structure is required and does not have the capacity for growth beyond JW's limited enclosure. I've seen insecurity in BOD's and this is a classic. Just follow the news flow. Now the MM's are in control, they will demand change no doubt to protect their investments and guide the SP . Last Post HNY

So - yes at 148m share was in the Jurassic period - but today May 2018 - is all this over $8m? that's the point I was coming to the long way around, its a joke, played more than the Royal Albert Hall, PI's suckered in and out - the BOD need to get a grip, FFS or we will never be a real company. Games should end now and business first. A �0.005 divi to RH is bladders but +20p on the SP, grow up. HNY GLA GN Embarrassing Clean it up.

I just posted on PMO, a relevant issue and key distinction for PMO and the opposite is a problem for Amer - issuing Equity, a sign you are on track. i.e they have developed their SP to be able to Issue Paper a first in 3 years for acquisitions, we have the opposite problem short term. At the moment Amer is not in control of its SP in simple terms, its being battered by external forces and the BOD let its hand get so weak, it has to obey. Next 6 months should see a return to normality and that will under - write a renewed confidence in the business. The last paper we issued for a rights and acq'n was mid 20s so the other stakeholders are showing a loss and we don't have equity as a weapon. We need to now deal with RH, his legacy casts a negative cloud over Amer and is Exaggerated beyond is $16m holding for reasons well known. BOD need to shrug off the victim PR stance and grow a pair FFS That's why the get paid huge amounts. I think RH issue will be put in a casket and under control in 2 months. HNY. GLA

PMO superb recovery in the SP up +400% from 44p June 17 allowing for CBH conv , one piece left undone MOL 20% Stake Catcher , that would be the icing on the cake, no debt reduction Q1 limited cash , Huntingdon limited lifespan in decline, Solan long road but will recover, long lead time for Tolmount per se. Beware a rights issue supplemented with cash for 20% Catcher. Only a guess, so limited cash despite great profitable disposals. Awesome job TD and you can feel RF influence starting to come thru about not getting sold out. Last piece of the jigsaw recovery IMHO GLA LAst post. Great Share. They get this deal in a clever manner - then its no stop to �3. NB Higher the SP lower dilution for a deal, hence the manic rise IMO and as I said they are operating at �1.90+ now a share allowing for the CBH, so they are miles ahead of any pre bank covenant issues. Interesting times, news next 2 months IMHO DYOR. HNY GLA

IMHO & DYOR Phase 1 � the 4 month pre-planned, pre-ordained avalanche of Bad news is nearly over ( Essential repairs a year Late causing output to Fall April 18 � Come On, Planning delays Ouch - FFS) , the 3 month time delay in operational value added activity has nearly passed and news flows will heat up in June even if Amer do nothing � ONGC, the Indico updip drill. The MM�s who've been allowed to control the BOD, skew the news and timing flow, now need to get rid of the RH Wild card. No doubt RH is a nuisance, like a fat fly in the ointment and a great excuse for MM�s to get greedy cheaply, that�s going to change soon IMO DYOR. MM�s plus BOD are focused, that there will be No Divi unless RH is of an acceptable size and threat, GC won�t pay one until he�s gone in May 19, if RH still looms large. So Phase 2, after the embargo on Good News, Is Clear the fields of the RH Effect. MM�s have 6-7 weeks to do drain him or negate his presence, one way or another. I state Effect, i.e get the news out there in whatever guise � that his actions won�t affect the SP or divi options medium term. So a managed News campaign in effect, a combination of RNS and Press releases , that clears a path to a commitment to a dividend, which is what the MM�s crave and SP will soar. Through a hopeful plus 6kbopd from CPO5 new well 2 and talk up the sale of that 30% stake and there is a killing to be made. RH effect muted and after a 2 month catch up, drilling news will be falling like lava. The sector is re-rating but we must put this demon to the sword and the MM�s will turn from SP Poacher to Gamekeeper and become our saviour from sub 20 SP... IMHO and drain him or wipe his influence out through concerted good press and BOD input � i.e Directors buy in�s etc etc. Slowly bit by bit next 6 weeks, he must be their primary focus to unlock the SP upside. . GLA HNY