Ascent Resources Share Discussion Threads

[1bluehorseshoe] 12/9/2018 16:21

Farm in? Ast are only finance not the operator.

[jayrh] 12/9/2018 16:18

Bluehorse Farm in or total buyout read between the lines your making yourself look, well I'll let you finish it off...

[1bluehorseshoe] 12/9/2018 16:12

With no revenue in September has anyone wondered how you are going to pay for the stimulation assuming the permits come through? Current declining revenue barely covers cash burn

[dandadandan] 12/9/2018 16:07

Get ready for the TO bid just before the permit news is released.
PG10 and PG11A are needed stimulate other company interests in Slovenian gas fields , so permits will be issued. Geoenrgo have finally got its act together and the new Slovenian Ministers will want to make their presence known early.

Has ARSO news leaked? Hence the rise.
It looks encouraging.

Tick tock....

Watch the late trades.....

2.5p to 3p+ for the TO. Not long to wait IMO.

GLA.

[jakecat1] 12/9/2018 13:20

Coiled spring...

[linesal2] 12/9/2018 13:00

Encouraging to see the move up on small volumes.

[chinese investor] 11/9/2018 17:34

Anything over 0.71p today was a BUY !

[waynz] 11/9/2018 17:29

You obviously blinkered to the big buys that came in as well

[1bluehorseshoe] 11/9/2018 16:32

Of course they're bound to want to see that, maybe take a rubbing?

[courty2] 11/9/2018 16:25

Yes horsefly a big gas tap

[1bluehorseshoe] 11/9/2018 16:19

Look around a tap?

[courty2] 11/9/2018 16:16

Anybody else think the wells have been shut down not only for maintenance .but also for new owners to have look round .

[1bluehorseshoe] 11/9/2018 15:45

Sells are getting bigger too, a bit worrying?

[1bluehorseshoe] 11/9/2018 13:08

Lots of sells today. Leak?

[chinese investor] 11/9/2018 12:19

Nothing New !

[dandadandan] 11/9/2018 12:04

Just replace xx with tt. Do not forget.

[dandadandan] 11/9/2018 12:03

Listen to CH
hxxps://audioboom.com/posts/7001527-ascent-resources-ast-and-malcy-on-eme-sou-rbd-amer-matd

SR still in discussions.

GLA.

[chinese investor] 11/9/2018 10:51

Arso, in the hydraulic fracturing of Petišovo polje, recognized important environmental impacts

The Environmental Agency (ARSO) has identified significant environmental impacts on the planned re-stimulation of boreholes by hydraulic fracturing in the Petišovo gas field, which is why they asked Geonergo for a clarification of the project.

The final decision will be issued on the basis of a substantive examination of the data supplied by ​​the investor.

At Geoenergo this is said to be a non-hazardous and stable mining process and therefore expect that the process for environmental consent will not be needed.

There are possibilities of creating environmental accidents

In his appeal to declare Arso found that "taking into account the size of the intended intervention or its cumulation with other interventions, the potential for environmental disasters, taking into account in particular the materials and technologies used, the generation of waste, the effects on the emissions of substances into water and air, releases of substances into the soil, effects of vibrations and explosions on the environment in connection with the regenerative capacities of natural resources in the area and their vulnerability and absorption capacity of the natural environment for the significant effects of the intended environmental impact."

At Geoenergo they explained that until the required deadline, on July 5th, ARSO was sent a professional explanation of planned interventions by the Geological Survey of Slovenia and the Faculty of Natural Sciences and Engineering, Department of Geotechnology, Mining and Environment.

Re-simulation should preserve the capacity of the wells

Geoenergo, the project partner of the British company Ascent Resources, which pumps and sells natural gas in the Petish field, intends to re-stimulate the gas wells Pg-10 and Pg-11.

The procedure for obtaining a permit for a re-depth stimulation of both test wells with hydraulic fracturing began in May last year, and ARSO announced in March this year.

In this way, they stimulated both wells in 2011, the procedures for their activation began in October 2016 and ended in February 2017.

With re-stimulation, they are supposed to maintain the capacity of the wells, as they gradually decline and, according to unofficial data, only 40,000 standard cubic meters of gas are pumped from the two wells daily.

From November 2017, Croatian INA was sold unclean gas.

They are still waiting for a final environmental permit for the installation of a gas purification plant for which the miner Petrol Geoterm has requested.

[1bluehorseshoe] 11/9/2018 08:41

I'm good thanks, last time I checked Britain still afforded people free speech as long as CI gave his permission

[jakecat1] 10/9/2018 22:49

Blue horse sh1t. Suggest you peddle your manure elsewhere. If you're trying to influence others to sell, so that you can buy at a lower price - I'd just give up. Get in before everything is suspended. Could happen at any moment... Would hate to see you missing out on the fun. Your miserable posts suggest you might need it... Failing that - you might just need to get out a bit more...

[jakecat1] 10/9/2018 16:30

B/S. Can smell it a mile off. Not the first heap, either!

[1bluehorseshoe] 10/9/2018 14:38

First you need a permit for each one, secondly you need about 1m per well but Ast spend 20m per well for some reason and finally you need to be trading which at current rate of income decline Ast won't be by Christmas