8th Aug 2008 07:00
8th August 2008
Amerisur Resources Plc ("the Company")
Operations Update re Platanillo
Amerisur Resources Plc, the oil and gas explorer and developer focused on South America, is
pleased to provide an update on the long-term testing at its Platanillo block.
The separator and gas flare system have been installed and commissioned at the Alea location,
and well Platanillo-2 began production testing in line with the approved long-term testing
programme on 5th August. The well is currently producing 70 BOPD, 0% base sediment and water
(BS&W) in natural flow through a 10/64" choke with 260psi of well head pressure.
Alea-1R, which was re-opened on 27th July, continues in production testing with oil also being
received into the newly commissioned facilities.
Both wells are currently stabilising, after which the simultaneous testing programme will
commence. The Company looks forward to updating further progress on the testing in due course.
Ends
Competent person: Technical information in this announcement has been reviewed by John
Wardle Ph.D., the Company's Chief Executive. John Wardle has 24 years experience in the
industry, having worked for BP, Britoil, Emerald Energy and Pebercan, and is a trained drilling
engineer.
ENQUIRIES:
|
Billy Clegg/Caroline Stewart, Financial Dynamics |
Tel: +44 (0)207 831 3113 |
|
Jerry Keen/Rhod Cruwys, Blue Oar Securities Plc |
Tel: +44 (0)20 7448 4400 |
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