Impact: Neutral. Amerisur reported 2H15 constrained production of 4,351 bbl/d which beat our expectation of 4,179 bbl/d as reductions in production implemented by competitors in the area, allowed for increased capacity to be utilized by Amerisur. The Company has made progress with respect to its Oleoducto Binacional Amerisur (OBA) interconnector pipeline, which has now received all approvals and is in the finals stages of construction. The pipeline will run from the Ecuadorian border to the p
07 Apr 2016
REPORTS 2H15 AND YEAR-END RESULTS
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REPORTS 2H15 AND YEAR-END RESULTS
Impact: Neutral. Amerisur reported 2H15 constrained production of 4,351 bbl/d which beat our expectation of 4,179 bbl/d as reductions in production implemented by competitors in the area, allowed for increased capacity to be utilized by Amerisur. The Company has made progress with respect to its Oleoducto Binacional Amerisur (OBA) interconnector pipeline, which has now received all approvals and is in the finals stages of construction. The pipeline will run from the Ecuadorian border to the p