Amerisur has signed an agreement with PETROAMAZONAS for the construction of a pipeline from the Ecuadorian border to the RODA gathering system. The agreement outlines a minimum commitment to transport 5,000 bbl/d of crude oil at a transportation tariff of US$1.09/bbl. Civil works within the Victor Hugo Ruales central processing station are expected to commence in the next few days. Options for the transport and commercialization of Amerisur oil from Lago Agrio are being evaluated.

12 Jun 2015
AMERISUR RESOURCES PLC (AMER) SIGNS PIPELINE AGREEMENT WITH PETROAMAZONAS

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AMERISUR RESOURCES PLC (AMER) SIGNS PIPELINE AGREEMENT WITH PETROAMAZONAS
Amerisur has signed an agreement with PETROAMAZONAS for the construction of a pipeline from the Ecuadorian border to the RODA gathering system. The agreement outlines a minimum commitment to transport 5,000 bbl/d of crude oil at a transportation tariff of US$1.09/bbl. Civil works within the Victor Hugo Ruales central processing station are expected to commence in the next few days. Options for the transport and commercialization of Amerisur oil from Lago Agrio are being evaluated.