16th Apr 2018 13:28
16 April 2018
Amerisur Resources Plc ("Amerisur" or the "Company")
Company Presentation
Amerisur Resources Plc, the oil and gas producer and explorer focused on South America, is pleased to announce that an updated analyst and investor presentation will be uploaded to its website early this afternoon and can be accessed here: http://www.amerisurresources.com/investor-centre/reports-and-presentations
The presentation provides the following update regarding CPO-5. Pressure Build Up analysis of Mariposa-1 indicates that additional perforations may further improve the flow characteristics of the well. This operation is under consideration by the partners.
Ends
Enquiries:
Nick Harrison, CFO Amerisur Resources | Tel: +44 (0)330 333 8246 |
Billy Clegg/Georgia Edmonds/Kimberley Taylor Camarco | Tel: +44 (0)203 757 4980 |
Callum Stewart/Ashton Clanfield/Nicholas Rhodes Stifel Nicolaus Europe Limited | Tel: +44 (0)20 7710 7600 |
Chris Sim/George Price Investec | Tel: +44 (0)207 597 4000 |
Darrell Uden/Marcus Jackson RBC Capital Markets | Tel: +44 (0)207 653 4000
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Notes to editors
Amerisur Resources is an independent full-cycle oil and gas company focused on South America, with assets in Colombia and Paraguay and production from two fields in Colombia. In 2016 Amerisur successfully built and is 100% owner of the strategic OBA oil transfer line into Ecuador.
In Colombia, the Company is operator and has a 100% working interest in the Platanillo block which includes the Platanillo producing field in the Putumayo basin, and holds a 30% non-operated working interest in the CPO-5 block containing the Mariposa-1 producing field in the Llanos basin. Amerisur is currently producing approximately 6,500 bopd.
Amerisur has a strong position in the Putumayo basin and has a cluster of near term activity assets around the OBA export line.
This announcement contains inside information as defined in EU Regulation No. 596/2014 and is in accordance with the Company's obligations under Article 17 of that Regulation.
www.amerisurresources.com
Related Shares:
AMER.L