Amerisur Resources plc Reports Unaudited Consolidated Earnings and Production Results for the Half Year Ended June 30, 2018; Provides Exploration and Development Expenditure Guidance for 2018 and 2018
First half 2018 average production increased 33% to 5,959 BOPD, with an average realised price per barrel of $64.2 (compared to $47.2 in first half of 2017). First half 2018 OBA throughput average was 4,987 BOPD
The Company expects exploration and development expenditure on these wells to be around $61 million in 2018 and 2019, split $29 million in 2018 and $32 million up to the end of third quarter of 2019.