Amerisur Resources

Amerisur Resources details 2019 work programme as it spuds third CPO-5 well

John Wardle, chief executive of Amerisur Resources plc (LON:AMER), chats to Proactive London's Andrew Scott after announcing the spudding of Calao-1X - an exploration well on the CPO-5 block.

The company's planned 2019 drill programme will include four wells at Indico, up to six wells at the Coendu area and the Miraparriba-1 well.

Group production in the fourth quarter of 2018 amounted to 4,602 bopd, with the ‘peak’ daily rate reached 5,405 bopd and the current rate was 5,426 bopd.

Quick facts: Amerisur Resources

Price: £0.17

Market: AIM
Market Cap: £211.49 m


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