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Amerisur Resources is an experienced Colombian Operator with an extensive, strategic acreage position in the underexplored Putumayo in partnership with Occidental Petroleum ("Oxy") and a strategic acreage position in Llanos in CPO-5 with partner ONGC Videsh ("ONGC").

In 2016 Amerisur successfully built and is 100% owner of the strategic OBA pipeline into Ecuador, a key piece of cross-border export infrastructure delivering oil from the Putumayo in Colombia into Ecuador.

Amerisur produces from three fields: Platanillo in the Putumayo, which generates cash flow to fund its work programme, along with Mariposa-1 and Indico-1X, both in the Llanos basin.

Amerisur has a robust financial position with cash generation and a strong balance sheet to fund its work programme.

Amerisur is listed on the AIM market of the London Stock Exchange. The Company's headquarters are located in Wales, Great Britain with operational offices in Bogota, Colombia and Paraguay.

The current management team was appointed during the course of 2007 and has focused on delivering value to shareholders and taking Amerisur through to production to generate significant cash-flow to fully fund its drilling programme and in turn add reserves and resources.

Amerisur Resources has interests in the following prospects:

Colombia

• 100% of Platanillo - OBA cluster

• 50% Put-9 - OBA cluster*

• 60% Put-12 - OBA cluster

• 100% Put-14

• 100% of Coati block evaluation area – OBA cluster

• 60% of Coati block exploration area – OBA cluster

• 50% Put-8 - OBA cluster

• 100% Put-30

• 30% CPO-5

• 100% Andaquies

• 50% Terecay*

• 50% Tacacho*

• 50% Mecaya*

*Subject to ANH approval

Paraguay

• Five blocks, approximately 5.8 million hectares 100% owned


The Company continues to review further prospects that offer new, near-term opportunities.

More detailed information about the Company's current prospects can be found under Our Assets.



This page was last updated on 4th February January 2019

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