Market Impact: Positive. Amerisur announced that the Platanillo-8 well was successfully drilled ahead of schedule and below budget. The Company's operations will pick-up in 2H16e, with the drilling of up to two stepout wells at the Platanillo Field (100% WI), two exploration wells at the CPO-5 Block (30% WI), completion of the OBA pipeline, and continued seismic and evaluation work at the PUT-12 (60% WI) and Coati Block (60% WI, post farm-out terms being satisifed)
13 Jul 2016
AMERISUR RESOURCES (AMER LN) PROVIDES A POSITIVE OPERATIONAL UPDATE AND INCREASED ACTIVITY IN 2H16E
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
AMERISUR RESOURCES (AMER LN) PROVIDES A POSITIVE OPERATIONAL UPDATE AND INCREASED ACTIVITY IN 2H16E
Market Impact: Positive. Amerisur announced that the Platanillo-8 well was successfully drilled ahead of schedule and below budget. The Company's operations will pick-up in 2H16e, with the drilling of up to two stepout wells at the Platanillo Field (100% WI), two exploration wells at the CPO-5 Block (30% WI), completion of the OBA pipeline, and continued seismic and evaluation work at the PUT-12 (60% WI) and Coati Block (60% WI, post farm-out terms being satisifed)