Amerisur Resources (OTCMKTS:ASUXF) Shares Climb 0.4% – Here’s What Happened

Shares of Amerisur Resources plc (OTCMKTS:ASUXF – Get Free Report) traded up 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 changed hands during trading, an increase of 1,500% from the average daily volume of 6 shares. The stock had previously closed at $0.24.

Amerisur Resources Price Performance

The company’s 50 day moving average is $0.24 and its 200 day moving average is $0.24.

Amerisur Resources Company Profile

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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.

Further Reading

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