Inactive Instrument

Amerisur Resources plc

Equities

GB0032087826

Amerisur Resources Considers Strategic Alternatives

July 19, 2019 at 12:00 am EDT

Amerisur Resources plc (AIM:AMER) decided to conduct a formal review of the various strategic options available to the Company to maximise value for shareholders. These options include, but are not limited to, the potential sale of the company through the commencement of a “formal sales process” as set out by The City Code on Takeovers and Mergers (the “Code”) or the farm-out or sale of one or more of the company’s assets.

Latest news about Amerisur Resources plc

GeoPark Colombia S.A. completed the acquisition of Amerisur Resources plc from Michinoko Limited, Canaccord Genuity Limited, Amerisur Directors and others.	20-01-15	CI
Canada's Parex, Ecopetrol among winners in Colombia oil round	19-12-05	RE
Amerisur Resources plc cancelled the acquisition of 85% stake in the Mecaya Block from Petex Offshore, Inc. and Mecaya Oil and Gas Ltd.	19-11-20	CI
GeoPark Colombia S.A. entered into an agreement to acquire Amerisur Resources plc from Michinoko Limited, Canaccord Genuity Limited, Amerisur Directors and others for approximately £230 million.	19-11-14	CI
Amerisur Resources plc Reports Production Results for the Half Year Ended June 30, 2019; Provides Production Guidance for Financial Year 2019	19-09-12	CI
Amerisur Resources plc Reports Earnings Results for the Half Year Ended June 30, 2019	19-09-12	CI
Amerisur Resources Is In Talks With Potential Buyers To Participate In Formal Sale Process	19-08-09	CI
Amerisur Resources : Oil company Amerisur snubs bid overture from French rival Maurel & Prom	19-07-22	RE
Etablissements Maurel & Prom S.A. cancelled the acquisition of Amerisur Resources plc for approximately $200 million.	19-07-21	CI
Occidental Petroleum : Amerisur Resources explores sale, gets non-binding proposal	19-07-19	RE
Amerisur Resources Considers Strategic Alternatives	19-07-19	CI
Occidental Andina, LLC acquired 50% interest in the Put-8 exploration licence in the Putumayo region of Colombia from Amerisur Resources plc for $19.1 million.	19-06-16	CI
Colombia's National Hydrocarbons Agency Approves Farmout Agreement Between Amerisur Resources and Occidental Andina	19-06-11	CI
Amerisur Resources : Occidental enters four oil blocks in southern Colombia - ANH	19-06-11	RE
Amerisur Resources plc Announces Demise of Dana Coffield, Non-Executive Director	19-04-23	CI
Amerisur Resources plc Reports Earnings Results for the Full Year Ended December 31, 2018	19-04-09	CI
Amerisur Resources plc completed the acquisition of the remaining 50% working interest in Put-8 Block from Vetra Exploración y Producción Colombia S.A.	19-04-03	CI
Amerisur Resources plc agreed to acquire the remaining 50% working interest in Put-8 Block from Vetra Exploración y Producción Colombia S.A. for $19.1 million.	19-03-19	CI
Amerisur Resources plc Announces the Spudding of Calao-1X, an Exploration Well on the CPO-5 Block Using Rig E-2029	19-02-04	CI
Amerisur Resources Plc Provides Reserves, Operational and Production Update, for Its Two Core Regions of Colombia	19-01-22	CI
Amerisur Resources Plc, Provides an Operational Update Regarding the Initial Short Term Testing at the Indico-1 Well on the CPO-5 Block and Upcoming CPO-5 Drilling Program	19-01-02	CI
Amerisur Resources Plc Confirms Retirement of Douglas Ellenor as Non-Executive Director	18-12-31	CI
Amerisur Resources plc Announces Board Changes	18-12-27	CI
Amerisur Resources plc Announces Oil Discovery at Indico-1	18-12-10	CI
Amerisur Resources Signs USD 93.25 Million Farm-Out Agreement with Occidental Andina	18-11-23	CI

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Company Profile

Amerisur Resources plc is an independent full-cycle oil and gas company. The Company's principal activity is investing in oil and gas exploration and development in South America, principally in Paraguay and Colombia. It operates through oil exploration and development segment. It operates in Colombia, Paraguay and the United Kingdom. In Colombia, it is an operator and has interest in the Platanillo block, which includes the Platanillo field, an approximately 11,341-hectare block located in the Putumayo Basin. It has interests in block Put-12, which is adjacent to Platanillo. It also has interest in Put-30, an approximately 38,514-hectare block. In addition, the Company has an interest in the CPO-5 contract, located in the Llanos basin and a working interest in the Tacacho contract, located in the Caguan-Putumayo basin. In Paraguay, it owns over 5.2 million hectares covering approximately five oil and gas permits in the Paraguayan part of the Chaco and Parana Basins.

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