Less Ads, More Data, More Tools Register for FREE

Pin to quick picksAMER.L Regulatory News (AMER)

  • There is currently no data for AMER

Platanillo Update

26 Sep 2013 07:00

RNS Number : 9320O
Amerisur Resources PLC
26 September 2013
 



26 September 2013

 

 

Amerisur Resources Plc ("Amerisur" or the "Company")

 

Platanillo Update

 

 

Amerisur Resources Plc, the oil and gas producer and explorer focused on South America, announces an update to its operations in the Platanillo field, Colombia.

 

· Oil production and export recommenced after road restrictions lifted

· Platanillo-2 ST1 produced 1,023 BOPD on test

· Production ramping back up - currently at approximately 7,500 BOPD

· Drilling Rig Serinco D-10 moving to Platform 9S

· Civil works begun on road to Platform 3N

 

 

Normal field operations have now resumed following the enforced suspension of production due to social protests in Colombia.

 

 

Platanillo-2 ST1

 

This well, which, as previously reported encountered 68ft gross, 39ft net pay in the U sands was perforated in the upper U sand only and was flow tested upon resumption of normal operations, producing 1,023 BOPD

 

Platanillo Production Facilities

 

The 10,000 BO tanks in Platform 9S have been successfully tested and will be commissioned shortly. The 10,000 BO tank in Platform 5S is expected to enter service in October of this year.

 

Forward Drilling Programme

 

The Company has released the drilling rig Latco-01 and has elected to continue the drilling programme with the rig Serinco D-10. That unit is currently being moved from Platform A to Platform 9S, where it will drill well Platanillo-14.

 

Northern Road Extension and Platform 3N

 

Construction works were delayed by the national strikes, however these are expected to commence within the next week. The road and location construction is expected to take 60 days.

 

Colombia National Issues

 

The national strikes which affected production have gradually been lifted over the last weeks as central Government has met with protesters and attended to their demands. Strikers in the Putumayo region are currently in dialogue with government agencies, seeking a permanent solution to the issues they have raised.

 

 

Dr John Wardle, CEO, commented:

 

"I welcome the successful actions of the Colombian government in seeking resolution of the difficult social situation in Colombia. Amerisur has always given high priority to our Corporate Social Responsibility programme, and the success of this work is confirmed by the fact that no demands were made against the Company. Platanillo-2 ST1, from both a commercial and technical viewpoint is a very good well, adding further production capacity to our Platanillo well inventory."

 

ENDS

Competent person: Technical information in this announcement has been reviewed by John Wardle Ph.D., the Company's Chief Executive. John Wardle has 29 years' experience in the industry, having worked for BP, Britoil, Emerald Energy and Pebercan, and is a trained drilling engineer.

 

 

ENQUIRIES:

 

Billy Clegg/ Ben Brewerton/Natalia Erikssen

Tel: +44 (0)207 831 3113

FTI Consulting

Martin Eales/Pierre Schreuder

Tel: +44 (0)207 653 4000

RBC Capital Markets

Investec

Tel: +44 (0)207 597 4000

Chris Sim / Ben Colegrave

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
DRLBELLLXKFBBBZ
Date   Source Headline
27th Nov 20187:00 amRNSDirector Share Dealing
26th Nov 20187:00 amRNSDirector Share Dealing
23rd Nov 20184:03 pmRNSDirector Share Dealing
23rd Nov 201811:11 amRNSDirector Share Dealing
23rd Nov 20187:00 amRNS$93.25m farm-out signed with Occidental Andina
21st Nov 20187:00 amRNSCorporate and Operational Update
14th Nov 20184:42 pmRNSSecond Price Monitoring Extn
14th Nov 20184:36 pmRNSPrice Monitoring Extension
31st Oct 201812:30 pmRNSIndico-1 Update
24th Oct 20184:42 pmRNSSecond Price Monitoring Extn
24th Oct 20184:37 pmRNSPrice Monitoring Extension
17th Oct 20187:00 amRNSOperational update
8th Oct 20187:00 amRNSAppointment of Independent Non-Executive Director
3rd Oct 20187:00 amRNST sand flows at Pintadillo-1 discovery well
25th Sep 20187:00 amRNSOperational Update - U and T sand discovery
13th Sep 20187:00 amRNSInterim Results
7th Sep 20187:00 amRNSOperational Update and Notice of Results
6th Sep 20182:45 pmRNSNotification of major holdings
31st Aug 20187:00 amRNSSpudding of Pintadillo-1, Platanillo N Sand
9th Aug 20187:00 amRNSOperational and production update
3rd Aug 20187:00 amRNSChange of auditor
30th Jul 20187:00 amRNSPutumayo Acquisition
24th Jul 20184:43 pmRNSSecond Price Monitoring Extn
24th Jul 20184:38 pmRNSPrice Monitoring Extension
24th Jul 20187:00 amRNSOperational Update
20th Jul 20181:03 pmRNSNotification of major holdings
5th Jul 20187:00 amRNSMonthly Production, OBA and Operational Update
14th Jun 20187:00 amRNSChange of Broker
8th Jun 20187:00 amRNSMonthly Production, OBA and Operational Update
1st Jun 20187:00 amRNSBlock Listing Six Monthly Return
31st May 20187:08 amRNSChange of Broker
23rd May 20189:18 amRNSDirector Share Dealing
15th May 20182:04 pmRNSResult of AGM
15th May 20189:30 amRNSAGM Statement
9th May 20187:00 amRNSOperations Update
8th May 20187:00 amRNSMonthly Production, OBA and Operational Update
23rd Apr 20185:29 pmRNSLong Term Incentive Plan Awards
18th Apr 20184:17 pmRNSDirector Share Dealing
17th Apr 20183:35 pmRNSDirector Share Dealing
17th Apr 20187:00 amRNSDirector Share Dealing
16th Apr 20184:31 pmRNSDirector Share Dealing
16th Apr 20181:28 pmRNSCompany Presentation
16th Apr 20187:25 amRNSFinal Results for the year ended 31 December 2017
4th Apr 20187:00 amRNSMonthly Production, OBA and Operational Update
4th Apr 20187:00 amRNSOperations Update
4th Apr 20187:00 amRNSReserves & Resources Update
6th Mar 201811:23 amRNSHolding(s) in Company
2nd Mar 20187:05 amRNS2 million barrels transported through the OBA
2nd Mar 20187:00 amRNSMonthly Production, OBA and Operational Update
12th Feb 20181:12 pmRNSNotification of major holdings

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.