Your Portal for Key Energy Information and Research

Amerisur Resources PLC

Company Summary

Financial Data:


Tickers:

  • AMER - London Stock Exchange Group

Recent news

  • 11/26/2018 - Amerisur Resources... (subscriber access)

Company Transactions

Date:
Type: Acquisition

DETAILS:

COST: 93.25 $MM

VOLUMES: 50 Percent

NOTES:
Amerisur Resources Plc entered into a farm-out agreement with Occidental Petroleum for 50% of the Putumayo-9, Terecay, Tacacho, and Mecaya blocks, all in the Putumayo region, in southern Colombia. In return, Occidental will fund a $93.25 million exploration and appraisal program between 2019-2021. The blocks contain prospective resources of 656 MMbbls of oil over 1.4 million acres.
REGIONS:
  • South America