Tuesday broker round-up
14th Jan 2014 08:02
AMEC: Nomura ups target price from 1230p to 1280p and retains a buy recommendation. Amerisur Resources: Investec shifts target price from 73p to 75p and keeps a buy recommendation. AVEVA: Investec increases target price from 2500p to 2900p upgrading from hold to buy. BHP Billiton: JP Morgan raise
Read moreThursday broker round-up UPDATE
26th Sep 2013 08:22
African Barrick Gold: Deutsche Bank ups target price from 137p to 145p and maintains a hold recommendation. African Minerals: Macquarie reduces target price from 307p to 280p and reiterates an outperform rating. Deutsche Bank cuts target price from 450p to 423p, while its buy recommendation is kept
Read moreAmerisur Resources production continues to rise
6th Jun 2013 07:45
Amerisur Resources has claimed a 100 per cent success rate from its Colombian drilling programme as oil production increases. The company's Platanillo field in Columbia has progressed despite some "logistical difficulties" affecting export. Production rose at Platanillo from 5,400 barrels of oil p
Read moreTuesday broker round-up UPDATE
4th Jun 2013 07:25
Afren: Goldman Sachs shifts target price from 224p to 221p keeping a buy recommendation. Alent: Goldman Sachs initiates with a target price from 426p and a buy recommendation. Amerisur Resources: Goldman Sachs moves target price from 65p to 82p and stays with its neutral rating. Bahamas Petroleum
Read moreAmerisur Resources advances on positive Platanillo update
18th Mar 2013 08:31
Shares in South America-focused oil and gas producer Amerisur Resources rose on Monday after the company unveiled a positive update on its operations at the Platanillo Field in Colombia. The AIM-listed company reported that the area known as the "Platanillo-1 ST1 sidetrack" had encountered a 22 foo
Read moreAmeriseur Resources reports 'long-term potential of Platanillo field'
24th Jan 2013 08:20
AIM-listed oil and gas producer Amerisur Resources has posted a trading update on its operations in South America reporting strong results at its Platinillo well. The company reported that the fifth of eight planned wells in Colombia, technically referred to as Platanillo-6, had been drilled to a t
Read moreAmerisur Resources reveals 'technical setbacks' at Platanillo well
11th Dec 2012 11:25
Lower than expected initial oil production rates at Amerisur Resources' Platanillo-9 well in South America were disclosed in a trading update published by the company on Tuesday morning. The AIM-listed oil and gas production outfit, which focuses on South America, provided a detailed update on its
Read moreAmerisur keeping hold of Fenix block with no farm out
30th Nov 2012 07:57
South America-focused oil and gas group Amerisur Resources has decided not to farm out its 100 per cent-owned Fenix block in Colombia and has terminated all discussion with PetroGranada. "The Fenix block is an exciting prospect in our portfolio and the board believes the results of the new seismic
Read moreResources round-up: Mediterranean Oil & Gas, Amerisur, Sound Oil
11th Oct 2012 14:09
Mediterranean Oil & Gas has announced that two Non-Executive Directors of the company, Salvatore Russo and Michael Seymour, will step down from the board with immediate effect. Enrico Testa, the Chairman of the Board of Telit Communications, has been appointed into the role with immediate effect. He
Read moreAmerisur oil find goes commercial
5th Oct 2012 08:27
Amerisur Resources, an oil and gas producer and explorer focused on South America, hit a new high on news that the oil found at its Platinillo-5 well has been placed in commercial production. It is envisaged to produce at a controlled rate of approximately 1,500 barrels of oil per day (BOPD) initia
Read moreAmerisur provides positive drilling update
3rd Oct 2012 10:03
Amerisur Resources, an oil and gas producer and explorer focused on South America, rose following a positive drilling update. Its Platinillo-5 well in Colombia, the third well of a planned eight well drilling campaign, has found oil in the U sands of the Villeta formation. Two further zones withi
Read moreAmerisur Resources ready to put another well on production
24th Aug 2012 14:26
Amerisur Resources, an oil and gas producer and explorer focused on South America, has said tests on the well Platanillo-4 in the Platanillo Field, Colombia, resulted in a natural flow production rate of around 1,100 barrels per day of oil with trace water. A permanent production system is being i
Read moreAmerisur suffers technical problems
13th Aug 2012 14:13
Amerisur Resources, the oil and gas producer and explorer focused on South America, said tests on a Colombian well had been interrupted by equipment failure. The problems have come at the Platanillo-4 well n the Platanillo Field, Colombia, the second of a planned eight well drilling campaign. "A 3
Read moreSynergy CEO stocks up as Q1 growth limited by currency
27th Jul 2012 15:50
Dr Richard Steeves, the Chief Executive Officer of Synergy Health, a provider of outsourced sterilisation services, bought himself a round of shares on the same day the firm admitted headline growth in the first quarter had been held back by currency translation with the devaluation of the euro. T
Read moreResources round-up: Thor, Patagonia Gold, Amerisur ...
30th May 2012 12:37
Oil and gas producer Amerisur Resources has logged, cased and cemented the Platanillo-3 well in Colombia, the first of a six-well drill programme. Testing equipment has been mobilised and will shortly begin production tests. The reservoir sections encountered in the well are currently being studied
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