The share price of Amerisur Resources rose by nearly a fifth after the Aim-traded explorer released news of "an impressive result" from its Platanillo-3 well in Colombia.
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Platanillo-3 is part of a six-well campaign on the highly prospective Platanillo field, so there should be no shortage of news for the remainder of this year. Initial drilling encountered a commercial interval of 52 feet within the Villeta formation. The well flowed oil at a natural rate of 2,340 barrels of oil per day. Amerisur now plans to get a better understanding of the resource by drilling the second well of the programme approximately 600 metres south of Platanillo-3.
