Ascent Resources Share Discussion Threads

[aussieb3] 11/10/2017 11:39

Yeah 2 weeks that famous number. He made a print error he meant to write 2 months, honest

[bigjohnsmam] 11/10/2017 11:36

Would take him 2 weeks to do it.

[dandadandan] 11/10/2017 11:15

Just been watching that tweet activity.
It is getting louder and louder.

Be prepared for a Momentus happening??...


GLA

[chesty1] 11/10/2017 11:09

I have added more last few here today just over 2.1p

[dodge city] 11/10/2017 10:29

Blarney couldn't sell water to a dehydrated man.

[dandadandan] 11/10/2017 10:25

It looks like someone or some group do not want this to happen, hence delay after delay.

Who in Croatia suddenly decided that they need a guarantee insurance payment, if things go wrong on that pipeline?
Is that what is holding this up now?

CH you need plan C as well as A and B.
It is time to earn your keep and find other options as well..
Do not become someone that enjoys the journey but never wants to arrive at the destination.

How about creating or buying a small supply company like some local authorities are doing in the UK. Watch the Scots and East Midlands.... Others may have better solutions.
Sell the Gas direct and cut out the middle people....

It is time to get the goods to market and start that income stream flowing after 10 years....



GLA.

[lithological heterogeneities] 11/10/2017 10:14

and still nothing

[lithological heterogeneities] 11/10/2017 09:37

but still nothing.

[lithological heterogeneities] 11/10/2017 09:37

Good article CI. I like the last paragraph:"The revenue streams this opens for Ascent Resources over the life-time of the field should see its share-price catapult to multipiles of where it currently is."

[bigjohnsmam] 11/10/2017 08:44

Genuine questions by the way

[bigjohnsmam] 11/10/2017 08:43

Has the processing plant been built?
What's the point of buying gas that has to be cleaned if they don't have the means to clean it yet/
Or is that article on the other thread an old one?

[waynz] 11/10/2017 08:39

CI where did that article come from , it was poorly written

[chinese investor] 11/10/2017 08:28

Slovenia, a small country nestled among Italy, Croatia and Austria, is home to Ascent’s operations.

The country imports 99.9% of its gas, signalling a market in extreme demand.

As of 2012, 42% of its gas was imported from Russia, 35% from Austria and the remainder from Algeria and Italy, as shown in an EU report.

Nevertheless, its key location between western Europe and the Balkans makes Slovenia a potential treasure trove for natural resources.

The Slovenian gas transmission network is connected to Italy, Austria and Croatia.

Moreover, the country is involved in Projects of Common Interest and pipeline projects with Italy, Croatia and Hungary, which offer supply security for the region.

The nascent Slovenian gas market is in the process of expansion.

According to the final data of 2016, the country had 0% gas exports, despite disposing of reserves.

By 2013, Slovenia had only 844km of gas pipelines, a pretty modest number compared to Italy: a mature market with over 20,000km of gas pipelines.

Natural gas prices in Slovenia decreased by 1% in the first quarter of 2017, hovering around 0.06 EUR/kWh.

Consumption comes mainly from the industrial sector, composed of metallurgy, electronics, chemicals and the automotive industry.

Ascent operates the Petisovci Project, where the company has been working for the past ten years.

First gas production in the field happened in April 2017.

Much of it destined, so far, to be exported to neighboring Croatia.

Ascent operates the Petisovci Project, in the north-eastern corner of Slovenia on the borders with Hungary and Croatia, where the company has invested approx. 45 Million Euros over the last 10 years.

First gas production in the field took place in April 2017 from the Pg-10 well, followed by the PG-11A in September.

This untreated gas will be sold to neighbouring Croatia, as per an agreement with INA Industrija Nafte dd. (Croatia’s leading Oil & Gas Company).

This will start to produce revenue for Ascent, while a gas processing plant is installed at Petišovci in order to clean the gas and remove excess carbon dioxide, thus enabling it then to be injected into the national and international grids.

The revenue streams this opens for Ascent Resources over the life-time of the field should see its share-price catapult to multiples of where it currently is.

[the foxthe fox] 11/10/2017 08:22

European gas opportunity hxxp://cassiopeia-ltd.com/2017/10/european-gas-opportunity-towards-clean-energy-economy/

[thetoonarmy2] 10/10/2017 17:22

1.5 mill Rollover earlier hope they have the money to take these up:)

[jayrh] 10/10/2017 16:44

Chesty should of bought earlier

[chesty1] 10/10/2017 16:05

Just added 6ks worth

[tmmalik] 10/10/2017 15:45

Last 30 min Can we get spike back to 2.50 May be??

[jayrh] 10/10/2017 15:21

No it's all smoke and mirrors the buyer ie takeover party doesn't want any of the gas sold in substantial amounts he wants it all ..

[thetoonarmy2] 10/10/2017 14:32

I have sent this to be questioned that after several weeks we have not been updated by the company since RNs on the 7th Sept?
............................

We have been advised by INA that some additional administrative procedures are required before final government approval will be granted. These include the provision of a bank guarantee to the government and the consent of an additional government department. These are expected to take around two weeks to complete

Will he announce anything on Thursday?