Member Info for bigsmoke

massive buys yesterday and a 13.50 open. :(

good luck with that.

Lol - are you marketing subscriptions?

Will be interesting to see how your investments pan out - if you hold long enough.

I do not disagree with what you say re VOG, but does a window of little bad news make it more investable? No room for scale short or mid term. Plenty room for risk. Plenty better options out there.

Amer has let down a bit. Still solid, but recent duster has dented optimism. Will be June before hat kicks off proper IMHO.

http://www.stockmarketwire.com/article/6380260/Amerisur-Resources-profits-up-sharply-amid-higher-production-oil-prices.html

https://www.investorschronicle.co.uk/shares/2019/04/09/amerisur-output-rises-and-falls/

http://www.morningstar.co.uk/IntroPage.aspx?site=uk&backurl=https%3A%2F%2Fwww.morningstar.co.uk%2Fuk%2Fnews%2FAN_1554794947796664800%2Famerisur-reports-strong-growth-on-higher-oil-production-prices.aspx

brexit related?

*not be...

please, please tell me "ocean of oil" and "third rig" will be JW's legacy.

we are, after all, on the cusp of mid April. i very much doubt the 2019 slate will be accomplished unless then get that second rig (what about the "third"?). what is holding back the government permissions? is that why they asked for all their roy/bs in Q4? Time to get the clear for drilling down south and launch of the "oil transport co".

feel like i am being brain washed. another doc, same info.
alot of goodwill by association. alot of jam tomorrow.
when are we getting a hard and fast "here's what's next".

room for more, and now news out - nothing stopping them.
think it was mentioned last week that given 17p buys at HNY, top ups would be expected now.
let's see if the BOD put more money where their mouths are.

https://twitter.com/AmerisurResourc

luckcounts...

Amerisur Resources

Finals today from Amerisur but all the information is in the price and I will report back from the conference call should anything emerge. It was by any standards an excellent year for the company, revenue was up 28% to $108.2m, adjusted EBITDA was up by 72% to 34m and with cash of $44.1m and no debt the company reported an operating profit of $11m ($0.3m).

Production was 5,356 b/d with 4,113 b/d through the OBA where delivery of the Chiritza pumping station increased the capacity right within the Petroamazonas pipeline system to a minimum of 9,000 b/d. This opens up the possibility for exporting third party crude ‘in the coming months’. Exploration success at CPO-5 now firmly establishes production from that field and diversifies the production base whilst the farm-out with Occidental Andina adds a $93.5m exploration and appraisal programme in the Putamayo, bringing forward valuable drilling. The company also acquired the 100% stake in the Putamayo 14 block and after the period end acquired the remaining 50% of Putamayo 8 for $19.1m.

Going forward the company has a fully funded work programme of $35m with ten wells planned across the Putumayo and CPO-5. Finally all this success added 27.8% to 1P reserves to 17.82m MMBO and 2P reserves were up 23.6% to 25.59 MMBO. What’s not to like about AMER at the moment, it has had exploration success delivering increasing production and revenue and has free cash flow. With the exciting position at CPO-5, partnering Oxy in the Putumayo and third party revenues from the OBA the company is in a very strong position to show significant growth this year and onwards.

https://www.malcysblog.com/

looks like they raised the ask to get chunky dump away.

high.

*not (be surprised)

Not dissatisfied, but not jumping for delight. Most info known, so felt like certain points were being regurgitated time and time again. Little mention Q2 and if Indico 2 is next. Nothing about extra rigs. I would be surprised if we go sideways for a bit.

Add to that:
- stuck gun
- 108 flow rates
- 109???
- Savannah
- human rights claim
- “making way for dividends”

some hefty volume these days. surely a good sign. no?