Member Info for bigsmoke

spent on a total shambles.

only got a expert witness report done - guess they had to save up the cash for that, or did they????

"While the Board and GDC both strongly believes that the Company has and has had the necessary policies and processes in place, we welcome..."

not a time for a statement of belief.

sale, farm out, "target a deal" - nothing concrete, everything necessary this year, no cash to do anything themselves. short term, this can only mean one thing.

we are being investiaged for human rights violations and the company believes that...

does not look good at all.

“Unconstrained deman”.

Chicks. Home. Roost.

thanks for answering my question niles.

silly Q perhaps, but does the % due to AMER on our own (JV) oil increase when exported through the OBA? i.e. do our partners pay to use the OBA? or is the net profit split with partners and OBA features as an expense?

thanks. true. but good news is good news... esp. if any oil is exported throught the OBA.

Will be good to see how much comission we are getting on the OBA from third party oil.

first - we all know you are a troll.
second - my post does not say I have sold out completely. I have been very clear and upfront about selling, then buying then selling. unlike you. mr opaque.
in summary - i have lost a small fortune here. i need to look elsewhere with the better part of what i have left to recoop the loses. AMER has helped alot in that regard. PCC also.

there is no news by the end of the month (i.e. IF we get a payment guarantee for Logbaba) then further SP collapse probable.

whoa - 18.02 on the bid.

are we expecting this news with the Q4 production update (i.e. imminently?)

https://www.londonstockexchange.com/exchange/prices-and-markets/stocks/exchange-insight/company-news.html?fourWayKey=GB0032087826GBGBXAMSM

"Highlights:
? Pintadillo-1 well - N Sands dry, but potentially commercial hydrocarbon bearing reservoir confirmed in the T and U sands
o U sand found to be well developed with 12 feet of net pay logged
o T sand well developed. An indicated 15 feet of net pay within three sand bodies encountered
o Logs indicated no production potential in the N sand interval due to lithology change
? Flow testing of the T and U sands to commence shortly
? Successful testing of the T and U sands offers reserves upside for the Platanillo block
? To date the Company has successfully produced c.300,000 barrels of oil from the T sand at Platanillo-8 and Platanillo-20
? If testing is successful the crude produced from the T sand will be evacuated through the OBA pipeline in the initial testing, the long term testing and commercial production phases
? Commissioning of the Chiritza facility expected to complete in early October
? 43 kilometre of 2D seismic successfully acquired over the Coendu prospect
? Mobilisation to the Indico-1 drill site is on track and the well is expected to spud in the latter half of October.

am I being stooopid, or are we still waiting further T sands news (i.e. the remapping and detailing of production history): https://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/AMER/13814035.html. How long makes up "production history"?

"Amerisur Resources Plc, the oil producer and explorer focused on South America, is pleased to announce the T sand interval at the Pintadillo-1 discovery has flow tested under natural flow at 590 bopd of 30.4 degrees API oil under choke of 18/64" with strong wellhead pressure of 110psi. The water cut is less than 1% and is decreasing. An interval of 9 feet was perforated within the 15 feet of net pay identified in the T sand. Oil produced is being evacuated through the OBA pipeline with a consequent increase in the Company's production.

In line with Company standard practice the well will be observed at these stable parameters for at least a further three days, after which a downhole pump may be run to provide some lift to the well to optimise flow parameters.

The company plans to re-map the T and U sand targets across this part of block to evaluate the size of the discovery and will make a decision as to future drilling options from the Pintadillo pad thereafter.

Currently no T-sand or U-sand reserves are attributed to this part of the block. Once a production history is established management expects reserves to be attributed."

touche.

picked that one up just the other day.

smoke me kippers, we are flirting with 18p already.

what are you on about ?

*don't

ps - down post junk on the AMER bb. it was a joy to have found a board not polluted with the nonsense that goes on here.