Ascent Resources Share Discussion Threads

[thehairydagger] 11/10/2018 17:22

here we go, news imminent.

[1bluehorseshoe] 11/10/2018 14:56

Bust by Christmas isn't terribly imminent

[hongkongsally] 11/10/2018 12:35

This word 'imminent' getting very over used.

[mark0419] 11/10/2018 12:11

Permits imminent put the sold sign out also!

[chinese investor] 11/10/2018 09:49

The British Green Light for Exploitation of Gas

"The goal of P gas is to cover about 10 percent of Slovenia's total consumption, which in 2016 amounted to 315 million cubic meters of gas.

Lobbying from the British Embassy and the British-Slovenian Chamber of Commerce has helped a British company that has been trying to obtain permits for gas exploitation in P for years.

Despite the opposition of the surrounding population and the ubiquitous ecological trends, Slovenia should soon receive green light, reports S.

In P, two licenses are expected.

The first refers to gas extraction by hydraulic stimulation of a smaller range.

This would significantly increase the capacity of the existing two wells or prolong their lifetime.

British and Slovenian partners hope that such an intervention will be tolerated without the need for an environmental permit.

The second is a licence for a purification device for raw natural gas and petroleum extraction.

"We expect both processes to be completed as soon as possible," said Geoenergo, a project manager at P, owned by Petrol and Nafta Lendava.

Eight years ago, the British discovered huge reserves of gas in more than three kilometers of deep wells.

It is estimated that P and its surroundings are hiding as much as 11.7 billion cubic meters of gas.

That is why they linked the Slovenian energy giants Petrol and Nafta Lendava who were granted concession and right to perform mining operations.

Ascent Resources provided funding for project implementation.

Their ultimate aim is to ensure partial self-sufficiency of Slovenia by P gas, or cover about ten percent of total consumption, which in 2016 amounted to 315 million cubic meters of gas.

Gas production in P has been going on for decades.

Gas is mainly supplied by the local industry, and since 2017 untreated gas is being sold to INI in Croatia, which handles it in a new refinery in Međimurje.

In 2015, Slovenian-British partners were already granted permission to install a natural gas purification plant.

However, they joined the nature conservationists from the Alpe Adria Green Slovenia organization that requested the cancellation of the licence.

They were afraid to use the controversial hydraulic fracturing technology (fracking) and that catastrophic consequences for the environment would occur.

The licence was then cancelled because the Environmental Agency conducted the procedure under the old regulations, not according to the new directive on integrated pollution control and control."

[jakecat1] 11/10/2018 09:38

Meanwhile, those who indulged themselves on the dip, with a spot of bottom fishing, (always good on a Thursday morning, in my book), May be handsomely rewarded. Good luck all.

[jakecat1] 11/10/2018 09:36

If you buy into £8000 of Bitcoin, erm ... (just sayin, too)

[jakecat1] 11/10/2018 07:00

H2O - greatly appreciated. Thank you. Provides a useful summary. Particularly helpful and time saving for prospective investors, I would say! J

[temmujin] 10/10/2018 18:52

how does ukog's 186,000 cubic feet of gas per day compare to ascent's pg10 well? ukogs gas is dry too

[h2owater] 10/10/2018 16:53

Open on computer on chrome explorer and just translate

[jakecat1] 10/10/2018 16:41

Any way of seeing this in English?

[h2owater] 10/10/2018 10:02

https://siol.net/posel-danes/novice/lobisticna-akcija-uspela-kmalu-do-spornega-dovoljenja-za-crpanje-plina-v-prekmurju-479827

[jakecat1] 10/10/2018 08:05

I may be wrong, but expecting quite a few speculative buys, with a following herd, as momentum gains in the coming days. Good luck all.

[jakecat1] 09/10/2018 16:40

That's the first fairly positive thing I have ever heard you say about this stock, Dodge.

[dodge city] 09/10/2018 15:36

I've heard big news will arrive shortly and that 2.5p is the target price.

[thehairydagger] 08/10/2018 22:06

offer inward bound @ 2.45p.

[linesal2] 08/10/2018 21:09

I must admit this is the first stock I have held that near news has been silent on the BB.
This is a good thing.
See you all on the other side (-40%)
:-)

[liberace pickles] 05/10/2018 08:47

I wouldn't want to be out of these this weekend.

[temmujin] 03/10/2018 21:03

volume will increase massively just before ippc is granted....we know what a bunch of crooks these slovenians are...Arso are no different...no doubt will be buying into AST

[temmujin] 03/10/2018 21:00

gas price keeps going up..up another 2.5% today

[oilisgold] 02/10/2018 19:30

The SR is basically another way to get the funding required. The institutional investor isnt going to pay over the odds?. You are looking at s discount of at least 20% to the share price from the first ii. One of the terms of the agreement for the higher offer is conditional upon the permitts being fully signed off. My take is permitt news will be followed by SR update the following day. Key is to time it right for the perfect trade.

[oilisgold] 02/10/2018 17:13

How will Colin play this. For once i think he mighr have got this right. "Next Few weeks". I agree next Wednesday or latest its the following , i know for certain the Ministry is under intense pressure to sign it off, The chap with the final signiture is back next week.