11th June 2018
Runtime 06:47
Colin Hutchinson, CEO of Ascent Resources #AST joins Donald Leggatt in the studio to discuss Friday's RNS release. This updated the market about gas well PG11A and PG10, as well as a request for further information before granting the IPPC permit.
PG11A is back in production having been shut in for the month of May, and is operating at previous levels. PG10 is being managed strategically to maximise its long term output.
The Strategic Review process is 'well underway' with parties have access to the available data, and 'hopefully we are closer to the end of the process than we are the beginning' said Colin Hutchinson.