Amerisur Resources plc (OTCMKTS:ASUXF – Get Free Report)’s share price rose 0.4% during mid-day trading on Monday. The company traded as high as $0.2410 and last traded at $0.2410. Approximately 100 shares traded hands during mid-day trading, an increase of 1,500% from the average daily volume of 6 shares. The stock had previously closed at $0.24.
Amerisur Resources Stock Performance
The company has a 50 day simple moving average of $0.24 and a 200 day simple moving average of $0.24.
Amerisur Resources Company Profile
Amerisur Resources plc was an independent oil and gas exploration and production company focused primarily on Colombia. Its activities included acquiring, exploring, developing and producing hydrocarbon assets, with operations concentrated in the Putumayo Basin in southern Colombia.
The company’s principal asset was the Platanillo field, where it produced crude oil and pursued additional exploration opportunities. Amerisur also developed transportation infrastructure, including the Oleoducto Binacional Amerisur (OBA), a pipeline system designed to move crude oil from its Colombian operations toward export facilities in Ecuador.
Amerisur Resources was headquartered in the United Kingdom and operated through Colombian subsidiaries.
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