Amerisur Resources PLC Death of Non-Executive Director (7144W)

TIDMAMER

RNS Number : 7144W

Amerisur Resources PLC

23 April 2019

Amerisur Resources Plc ("Amerisur" or the "Company")

Death of Non-Executive Director

Amerisur announces with great regret that Dana Coffield, non-executive Director, has very sadly died in an avalanche whilst skiing in the Rocky Mountains. The Board extends its deepest sympathies to Dana's family.

The Board wishes to acknowledge its gratitude for Dana's significant contribution to the Company since his appointment in April 2017.

Giles Clarke, Chairman of Amerisur said:

"It is with the greatest sadness that we learned of the death of Dana, who contributed so significantly to Amerisur. We wish his family our sincere condolences at this time. Dana, and all that he brought to us, will be greatly missed."

Ends

Enquiries:

 
 Nathan Piper, EVP, Head of Business Development   Tel: +44 (0)330 333 
  and Comms                                         8273 
  Amerisur Resources 
 Billy Clegg/Kimberley Taylor                      Tel: +44 (0)203 757 
                                                    4983 
 Camarco 
 Callum Stewart/Nicholas Rhodes/Ashton Clanfield   Tel: +44 (0)20 7710 
  Stifel Nicolaus Europe Limited                    7600 
 
 Chris Sim/Alex Ruffman/Tejas Padalkar             Tel: +44 (0)207 597 
                                                    4000 
 Investec 
 
 Paul Shackleton/Dan Gee-Summons                   Tel: +44 (0)207 614 
  Arden Partners Plc                                5900

About Amerisur Resources

Amerisur Resources is an experienced Colombian Operator with an extensive, strategic acreage position in the underexplored Putumayo with Occidental Petroleum ("Oxy") and a strategic acreage position in Llanos in CPO-5 with ONGC. Amerisur is the 100% owner and operator of the OBA pipeline, a key piece of strategic, cross-border export infrastructure delivering oil from the Putumayo in Colombia into Ecuador. Amerisur produces from three fields, Platanillo in the Putumayo with Mariposa and Indico in the Llanos basin that together generates cash flow to fund its work programme. Amerisur has recently announced a potentially transformational result at Indico-1, which significantly exceeded expectations - 283 feet gross, 209 feet net oil column without an oil-water-contact.

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END

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