Member Info for Moneylender

Interims will be released on 12 Sept according to our FD, that was two days before being put up for sale!

In previous AGM's in Cardiff, investors usually get 15 to 20 mins afterwards to gleam what they can from the board. This year in London, they do not have the excuse that they have to rush off to the city to meet II's, an excuse they have used several times to exit the meetings quickly.

Leas they have never asked for photo ID before and if you didnt bring a letter you would be allowed in but NOT to vote. This has been the norm over the past 10 years in Cardiff but I accept London security issues would mean increased security.

RNS.

Attendees have to provide a letter and photo ID to attend the AGM.

Making life difficult to be part of this meeting!!!!

They have never published votes cast, for the past 9 or 10 years they have just relied on show of hands. Maybe this year the 'show' might go against them!!!!!

OBA throughput agreed.

RNS stating a 25 year licence offer, terms tba!

Doesn't look like we are getting a production update for the first quarter. What are the bod thinking, we need to be kept upto date.

Can sell now @ 0.40p!

Google just shows the price of the last trade!!

https://webcasting.brrmedia.co.uk/broadcast/5cac882eeb566331974d5731

Fevertreeman I have a copy you can download I think if you want it?

http://www.amerisurresources.com/images/rns-pdfs/Amerisur-FY18-Results-Investor-Presentation.pdf

http://www.amerisurresources.com/images/rns-pdfs/Amerisur-Resources-plc-Annual-Report-2018.pdf

It was in the Stifel note posted earlier.

"The company will host a call at 1430 UK time."

Leas I dont think that is included in these accounts as it was post year end

JP that was my big concern as well, even though most disagreed with me. Price is slightly up as we speak so market isnt too impressed either.

RNS Number : 5121V

Amerisur Resources PLC

09 April 2019

9 April 2019

Amerisur Resources Plc

("Amerisur" or the "Company")

Final Results for the year ended 31 December 2018

Unlocking Potential, Strengthening Value

Highlights:

Financial

-- Strong financial performance in 2018 driven by production growth and higher oil prices, with netbacks of $43/bbl (average realised oil price of $64.8/bbl)

-- Significant revenue growth of 28% to $108.2m (2017: $84.7m)
-- Adjusted EBITDA increased by 72% to $34.0m (2017: $19.8m)
-- Robust cash position of $44.1m* and zero debt (2017: $41.3m)
-- Strong growth in operating profit to $11.0m (2017: $0.3m)
*Includes restricted cash

Production and OBA

-- 2018 average production increased 10% to 5,356 BOPD (100% oil)
-- FY18 OBA throughput average of 4,113 BOPD, with maximum throughput of 6,540 BOPD
-- Average cash transport costs per barrel reduced further to $3.5 (2017: $3.9)
-- Delivery of Chiritza pumping station increasing Amerisur's capacity right within the Petroamazonas pipeline system to a minimum of 9,000 BOPD

Outlook

-- Fully-funded work programme of around $35m, with up to ten exploration and development wells planned across CPO-5 and the Putumayo targeting gross prospective resources of 145 MMBO

-- Wholly owned OBA offers further growth potential with the export of third-party crude expected to begin in the coming months

Giles Clarke, Chairman of Amerisur, commented:

"2018 was a year of great achievement for Amerisur. We increased reserves significantly; we entered into a farm-out agreement with Oxy in the Putumayo, which will deliver a $93.25m exploration and appraisal campaign; we made a discovery at Indico-1X on CPO-5 from which we are now producing, taking the number of producing fields to three; we made a profit and generated free cash flow; and we exited the year in a strong financial position with $44.1 million of cash and no debt.

"The Board looks forward to 2019 full of confidence. Production is growing and we have a fully-funded work programme of up to ten wells across CPO-5 in the Llanos Basin and the Putumayo, targeting 145 MMBO of resources."

just tried one and it went straight to NT!!!

Just spoken to NH and the dates have been confirmed as 9th April (day later than I previously said) for results and 14th May for AGM. Please amend your diaries.