Member Info for BaysilHope

Amer BOD read the Mkt well there - disjointed the Shorters with - less to cloud judgement. Last point Song - Have You Ever Seen the Rain, Creadence Clearwater Revival Someone told me long ago There's a calm before the storm I know it's been comin' for some time When it's over so they say It'll rain a sunny day I know shinin' down like water Yesterday and days before Sun is cold and rain is hard I know been that way for all my time 'Til forever, on it goes Through the circle, fast and slow, WI know it can't stop, I wonder POO,. -Will AMER see NO RAIN coming down on a sunny day.? GN & GLA Giles meeting with Ecu President soon. Structural improvement will the Charlie Uniform November Tangos really for 10 pieces of Silver - Yes make turn on SP fall No Issue but strangle whole Business Plan & Investment argument . Greed that distorts consistency - I worry for any New PI's wanting to invest when you see the sick & greedy dissing the fundamentals of the business. by focusing away from core values for a fast buck. - . GLA Big news soon - be aware shortening bread.

Net equity Q3 $137m Debt +$400m - don't listen to this Crap.Shorters greed and at the expense of the LTH. JTD I've clocked this with Velo, won't forget. Utter merd. GNY HNY. We could buy Goepark Col Asset s from cash within 9 months.

Look guys, don't trust the monkees here , reserves up yet loosing cash, then yesAMER peers are in deep Sxxx Gepork have 9 years of losses so there is flattery to deceive, look at their accounts to OCt lost $20m same as a year earlier and Debt up FFS and we have perceived gentlemen on this board being AMEr supporters - Absolute Gavin & Stacey. FFS We have no debt - are in cash and undervalued by shorters. Not for long.

Geopark - Growth yest but with debt - In Colombia: 2P Reserves Increased 31% to 88.2 mmboe Equal to a Net Debt-Adjusted Value of $15.8 Per ShareLIQUIDITY Stretched, Though Sufficient, Cash Cushion The company is rightly focusing on cash preservation during this period of relatively low oil prices. GeoPark has reported negative annual free cash flow (FCF) over the past nine years, mainly as a result of its aggressive growth strategy, though improvements had been seen as recently as 2014, when the company reported almost breakeven cash flow (FCF of -USD7 million). Prior to the oil price decline, GeoPark was on pace to record positive FCF by 2016. Incorporating the company's capex and opex cut-backs in 2015, Fitch is still projecting that the company will generate negative FCF in 2016, achieving positive FCF in 2017-2018 as the price of oil rises and costs are reduced. The company has sufficient liquidity to meet its short-term debt obligations, as GeoPark reported cash on hand as of Dec. 31, 2015 of USD82 million, which is 2.3x its short-term debt obligations. Interest expense for the company's USD300 million international bond and USD70 million Itau loan, should total USD25 million-USD30 million in 2016, and it faces principal repayments of $20 million per year associated to the Itau loan. A negotiation to extend these payments could assist the company with its liquidity needs, although this is not incorporated in Fitch's assumptions. Incorporating expectations of USD35/bbl WTI prices in 2016, Fitch is projecting that the company will end 2016 with USD60 million in cash on hand if capex is reduced to $25 million. If GeoPark's liquidity becomes threatened by sustained oil prices below $35/bbl, the company can draw additional funds from an offtake agreement with commodity trading firm Trafigura Beheer BV (Trafigura) for up to $100 million in the form of prepaid future o il sales. Under Fitch's stress scenarios, this facility could protect the company from a default scenario until 2018 Manageable Debt Maturities At Dec. 31, 2015, Geopark had approximately $378.6 million in debt outstanding. Fitch believes the company's debt maturities are manageable, with no significant maturities until 2020.

AMER no debt - GTE - new debt ' Gran Tierra Energy Inc. Announces Pricing of $300 Million 6.25% Senior Notes Offering CALGARY, Alberta, Feb. 08, 2018 (GLOBE NEWSWIRE) -- Gran Tierra Energy Inc. (�Gran Tierra�) (NYSE American:GTE) (NYSE MKT:GTE) (TSX:GTE), today announced that its indirect, wholly-owned subsidiary, Gran Tierra Energy International Holdings Ltd. (�GTEIH�), has priced its offering of $300 million aggregate principal amount of 6.25% Senior Notes due 2025 (the �Notes�) in a private placement to qualified institutional buyers in the United States pursuant to Rule 144A under the Securities Act of 1933, as amended (the �Securities Act�), to non-U.S. persons in transactions outside the United States pursuant to Regulation S under the Securities Act and pursuant to certain prospectus exemptions in Canada. The Notes will be fully and unconditionally guaranteed by Gran Tierra and certain subsidiaries of Gran Tierra that guarantee its revolving credit facility. The Notes will pay interest semi-annually at a rate of 6.25% per annum, and will mature on February 15, 2025, unless earlier redeemed or repurchased in accordance with their terms. GTEIH expects to close the offering on February 15, 2018, subject to the satisfaction of customary closing conditions. GTEIH expects to receive net proceeds, after initial purchasers� discounts and commissions and estimated fees and offering expenses, of approximately $288.8 million. GTEIH intends to use the net proceeds from the offering (i) to repay the outstanding amounts borrowed under the revolving credit facility and (ii) for general corporate purposes, which may include development capital. Gran Tierra Energy Inc. (ASX:GTE) shares saw the needle move -10.91% on the week. The stock closed the most recent session at $2.45 after seeing 1676946 shares trade hands. JTD Boxxxxxsss FFS HNY and interest rates going up,

Short memory = Shortening Bread, Have you forget quite quickly in a retrace of POO the Debt of these companies and now their Sp is falling how it will massively affect them. As BakO said, games are a foot and Velo's massive research is inspiring, I think we all know this is the LAST TIME to get AMER discounted before the Ecuador Presidential meeting and new ground/Deals and the massive +150% Reserve report. I love cheap shots, shows peoples greed. HNYand the price you never believe them again. FFFFFFFSssSSS

Analogy, helped a solicitor friend of mine years ago and his father had a 19th Cent satirical drawing of a Cow, with a farmer tugging at one end of the cow, the landlord holding the tail and a lawyer milking the cow. Here we have potentially +3 cows - Col/Ecu/Production - in time. We potentially have 3 cows and 'One' farmer, no landlord & no solicitor. GN Could be great value in time DYOR IMO. No one else in Colombia has 3 cows not even............

Everyone knows Warren Buffett - few know Charlie Munger - his right hand man. Why important - Charlie focused Warren away from Cigar But investments - ailing companies with certain assets smash and grap - more focused towards (scaling up) value investing i.e Coca Cola. With no disrespect to AMER BOD, I would trust JW & GC with a $10m acq'n from an ailing business, as we have done successfully many times, but when dealing with the likes of GTE on +$200m deals, you need Alex Snow to liaise with the City with his gravitas & respect and the back up experience and advice & operational fire power of Dana, with the CV of operating a +$1bn business. These guys are not here for a �3k month board meeting 6 times a year, their experience DWARFS JW - who has done an excellent job in the region. IMO - we are in Phase 1 of this project, exciting times, Point to make - we have 2 Charlie Mungers on the BOD - look out when we get multi-faceted, remember GC is multi tasking needs big play supportive structure behind him. AS I said these two could go off and do anything really with their credentials - then Why AMER? and not Canadian E&P for Dana and the City for Alex . HNY GL Good night Charlie's Amer Angels - as in VC angels!. So slow & clumbersome ain't going to work when you want to woe suitors with disruptive opportunities and the average age of the board. So IMO DYOR - It is bold, imaginative fast and furious as our business partners want, they want our benefits we can convey now!! i.e - in Ecu PetrAm are in a mess and need to reduce their OPex & .transport now - that Pump station is 9 months away and the speedier it flows the more projects to follow, other potential partners have either withered or delayed for too long, compounding their problems (i.e concessions awarded not acted upon - we have first mover advantage) . So we gain both sides of the pipeline, can reduce transport and blend in Col, double whammy - help reduce Petro Am opex and transport costs and shunt more volume into Ecu's pipelines and utilise redundant capacity in OCP = Profit for ECU make economic savings both end -a huge USP if ever I feel over one. And well played JW & GC to get there. Time to listen to the big guns/advisers.

Exit Value target?? No rush, just Max value - slow burn and enjoy the gentle incremental increase in Net Worth over next 2-4 years, very happy with a robust multi-faceted business plan go forward, we don't want a short lived exit.

And lower transport costs - Bingo say no more - I missed that from last post. If we nail Col & Ecu in the Puto offer transportation and blending with out 31 degree API, WOW we will run out of 31 Degree. That what I was saying. Translate that into a 2- 3 year model and we are +�1 if POO stays Mid $60. GC is the negotiator at high level but will use all the advisers he needs and maybe other than JW was too light weight. Strong BOD now, balanced with great array of skills. Really last post. Can't wait for news from Ecu. & we work well with the locals in Col, good jobs, keen welfare progs and respectfully, that goes a long way to reduce risk and is Good management.

Just Read, IMO experience ' Brilliant Staff make ALL the difference, I understand NED's can be along for the ride, I've dealt with them on low level SME with investment interface. Quote' Alex Snow (Senior Independent Non-Executive Director) Mr Snow has had a successful career in the City and has most recently been CEO of Lansdowne Partners LLP, the leading institutional investor. He was founder and CEO of Evolution Group PLC, the investment bank created in 2001 and subsequently sold in 2012 to Investec for �230 million. Mr Snow became Chairman of the investment banking division and member of the Board at Investec Bank PLC before leaving in 2013 to become CEO of Lansdowne Partners LLP. He stepped down from Lansdowne Partners on 31 December 2016. Dana Coffield (Non-Executive Director) Mr Coffield has over thirty years of international E&P experience. Between 2005 and 2015, he was co-founder and CEO of Gran Tierra Energy Inc. and during his ten years at the helm, the company successfully grew reserves and production year on year and became a leading player in the operationally challenging Putumayo basin in southern Colombia. Mr Coffield is well recognised in the oil and gas investment community, with government representatives and with industry peers for his accomplishments in South America and particularly in Colombia. Mr Coffield is currently co-founder, President and CEO of Corvus Resources Inc. enough said, IMO JW & GC need a Kick in the rectum and get 21st C, these NEDS are the real deal, like all things take time, they won't be working for AMER in a beign role - THEY ARE TOO DYNAMIC!!!!!! - and I think are influencing the Stakeholders from the Defensive tight lip PR. HNY GL GN

Last point, we can't dispose of CPO 5 and have a dip in production and we have an already developed project pipeline to utilise the free cash - Project development timing - N Sand Production say May, same Plat 8 - Indico will drag until that time, by then output should not be compromised, so if we let CPO go, there has to be supportive 'Incremental' Output' growth - so AMER can't relax, hence news outflow could be huge, could we be buying existing output in Ecuador, south of OBA to partly compensate a future CPO sale - all in the mix. GN Last post. HNY.

To be very fair to AMER, CPO5 we have 30% and obviously not the operator. GC in his Core finance interview eluded to a high value for the block and the next drilling sequence - but timing beyond our control, Wardle in a different interview stated Inidco was 'Updip' lower risk 41 degree API - gold dust. So IMO - as all the BB already noted, The operator will keep output of CPO limited to reduce market and reserve expectations and dilute Amer Market opportunities, until Indico is drilled, could we get a knock out offer before that??? Back to Oil N Sands are 19-20 APi and can be blended with Put 31 degree oil, could it be that AMER held back enough Plat 31 degree to blend with a 'Larger heavier Oil System - or System--os and market the combined 'More Valuable' Answers please next Week - Plat 8 & West could be in that API region in part volume - our 31 degrees adds disproportionate value combined - uneconomical to truck heavy crude per se, - hence we solve a lot of Putumayo Oil problems in time, offering blending and transportation/ HNY.

Thanks for your first post on AMER when there is so much volatility with a comprehensive study, well played. The news is @ what we already new (Did you see Yesterdays RNS! -output unchanged) Quote -( These threats help endorse AMER get an alternative export route through ECU to the pacific reduce risks like this for Col crude. ""Colombia ELN rebel attack on Cano Limon pipeline extends pumping halt. Quote BOGOTA, Feb 6 (Reuters) - A bomb attack by Marxist ELN rebels destroyed a stretch of Colombia�s second largest oil pipeline, the Cano Limon-Covenas, extending an almost month-long pumping stoppage, sources from the military and state oil company Ecopetrol said on Tuesday. Sponsored. The attack, which caused a spillage of crude, occurred on Monday in a rural area of the municipality of Saravena, in northeastern Arauca province. The 485-mile (780-km) pipeline has capacity to transport up to 210,000 barrels of crude a day from the Cano Limon field, operated by Occidental Petroleum Corp, for export via the Caribbean. Oil flow along the pipeline has been suspended since Jan. 10 when the ELN, the largest active guerrilla group in Colombia, restarted attacks against oil infrastructure and the armed forces when a ceasefire with the government ended. Ecopetrol SA said it sent personnel to the area to repair the damage. Attacks by the ELN are frequent as they seek to pressure the government as part of their 53-year conflict. So far this year, there have been 10 attacks against the Cano Limon pipeline. The ELN has about 2,000 combatants and opposes the presence of multinational companies in the mining and oil sector, claiming that they seize natural resources without leaving benefits for the country�s population or economy. President Juan Manuel Santos and the ELN launched formal peace negotiations in Ecuador a year ago, but the group has stepped up its attacks since the ceasefire ended. The government suspended talks last month when the rebels launched a series of deadly attacks against police. Santos in late 2016 signed a peace agreement with the Revolutionary Armed Forces of Colombia (FARC), ending its part in the five-decade conflict that has killed more than 220,000. Look I had a D in geograpghy but I think the OBA & Ecuador are South of the Carib and export to a completely different Water geography called the Pacific. Secondly, to affect Government subsidies for not growing Coca - the Big Oil Co's need to stump up, yes we get unrest but the two main AMER executives addressed this is video's - if we have lost prod'n at $64 NEt payback $49 - we pay less Tax, does not interfere unless these a civil war. Then short GTE, Geopark and the lot. GN HNY In fact this helps us getting Colombian crude through Ecuador Help Homeland security.

Past 4 months AMER PR Unusually active, JW video Interview 25th Sept, then Directors buying in - including Senior City figure & Independent NED Alex Snow, GC Video 16th Jan 18 - advised???? & II's appearing at 17-18p . Given the Dow & Exxon/Shell/Chevron POO sell off, we're OK. Second we will have generated more Net cash this month than the entire H1, interim results+ $10m, output up +64% POO Net +$12, should give +$13m sales, after O/heads Dep'n , Net Profit +$7m. Last thing expect news soon from GC meeting with the President of Ecuador. IMO they kept the RNS brief as Monday was always going to be a sell off on the Dow. Next 2 weeks, good news with Ecuador, look at the deals Schlum are doing - working cash & Oil, AMER on a smaller scale, use our cash to drive Ecuador capacity increases/efficiency and recover our investment back through lower cost greater margin generation. AMEr are ahead of the curve hear, Alex knows it but keep us the SP low for a feeding frenzy next 2 months. A lot of news next 2 months on drilling developments, IMO the operating dynamics of this com[any will change beyond recognition - in the next 3 months and will force a re-rate. AMER business frontiers will expand, so will news on new opportunities and the business production will become more multi lateral and greater generation of exciting profits growth. GLA. GN.

Last point, if the OBA was cheap, easy deal & unrestricted = undervalued, control of the supply needs these limits, helps AMEr negotiate future OBA deals - OK the PI must wait - but the economics are there, II greed & Pii impatience don't help. In 0 mths we hold more cards than now & infrastructure revenue protect against social unrest and help expand the block network. GN

Things discussed, MOU for driving down PetroAmaz costs, infrastructure review Colombia/ Ecuador, new linked pipelines Blending - Utilising the OCP redundant capacity - Consortium of Colombian producers headed by AMEr to link the infrastructure. As my Gran said - boy you my have a $1m property but if my land has the access!! , we could have a ransom strip on certain producers - as to COST only. HNY Getting there. It's all good.

AMER will be operationally present in both countries within 9 months with infrastructure E & P blocks production and and potential conduit for growth - could be linking BOTH countries OIl Networks and solving ALL Oil firms that need to move Heavy Oil with lower value and that requires blending. I WILL SAY IT --AMER OFFERING AN ENGINEERED SOLUTION TO HEAVY OIL TRANSPORTATION' There's the value and that's maybe why we are held back as this could be huge IMO DYOR - Not Now but in 9-12 months as the opportunities play out when we will 'OWN Cost' disruptive supply options as opposed to our competitors and become a prized asset. If I was GTE eg, Amer could open up a region of heavy Oil, N sands, uneconomical at present. I am not paid enough!. GLA I will now shut up. So when we see next RNS & 2 days off for Xmas in the Jan output and depression kicks in , think if we co-join TWO Oil networks in part in the PUT region, our infrastructure assets could be more valuable than the oil earning p.a. Hence the Haliburton joke - but on a small scale is it?? GH GLA And they say who is folling who, as these projects have a different timescale and complexity and perhaps the OBA is only the start, but far from the finished article, as AMER has proven itself financially, operationally and with Bi lateral trust, the marco economics are there, the MM's are not. Cheers.

AMER & Timing, the potential for AMER is in THE TWO countries with differing characteristics, Colombia Not inOPEC but struggles with moving Heavy Oil/ lack of infra structure. Ecu in OPEC production cuts - for 2018 - then wil END!! lead time for a new pipeline 9mths coincides with OPEC departure!!! Quote New tenders for Ecu E& P blocks, were delayed to be fair to AMER because of OPEC curbs. Ecuador Quote' An ongoing auction for small oil blocks under the previous contract terms received interest from 45 firms, with 23 qualified to bid, Perez said. Ten blocks will be awarded by the end of the month. Ecuador needs to keep cutting costs, said Perez, a former oilfield services executive. Operational costs for its Petroamazonas producing arm are $6.56 per barrel, but the entire production cost including transportation and drilling is between $16 and $17 per barrel. To help cut costs, Petroecuador has reduced staff and is trying to do more workover drilling in existing wells. Perez said Ecuador expects to lift its production to 700,000 barrels per day (bpd) in four years from 548,400 bpd in 2016, although recent cuts by the Organization of the Petroleum Exporting Countries have led the nation to reduce output this year by some 13,000 bpd. The country will support any decision by OPEC as long as it remains a member of the group, he added. The organization has signaled a willingness to extend the cuts into 2018.GLA

What does that mean, needs three quoting posts' OCP is a 'HEAVY OIL Engineered@ pipeline in Ecuador under utilised, redundant capacity with potential for Ecuador & Colombian Heavy Oil Defined as API 20 or less. GC interview N Sands 20 API and he talks about blending with 25+API. GTE N sands 2017 new discoveries 19 API Quote, 'Old but relevant. ' A project for the construction of the OCP (Oleoducto de crudos pesados or heavy crude oil pipeline) was submitted in 2000 to the Ministry of Energy and Mining, and envisaged a pipeline that cut across Ecuador lengthwise for 503 km (312 miles), crossing the Amazon jungle, the Andes, numerous natural reserves and ending on the Pacific coast. An alternative trail of the pipeline, parallel to the already existing SOTE pipeline was proposed but denied by the OCP Ldt. Consortium. Since the pipeline's capacities are underused for Ecuatorian crude oil, Colombia started to use it in 2013 for the exportation of its own crude oil from the port Esmeraldas. In order to make this possible it was necessary to connect Lago Agrio station (connected to the Colombian grid) and the OCP station Amazonas [1]. Such infrastructure costed more than US$8 million.End Give me 20 mins. GLA