RE: What to do, what to do!2 Jan 2019 22:34
Alwaysup.
Only well 10 is producing.
Ascent applied for the so called IPPC permit (permission to build a gas processing plant) 4.5 years ago. It should have taken less than one year. We are still chasing the permit as this permission itself is worth money, the same way planning permission for an extension on your house actually increases the value of your house even though it is not built. Ascent about a year ago also applied for permits to re-stimulate the two wells. None of the permits have been received, and none of them have been denied. You wait forever it seems. The good news is the IPPC permit was received in 2016 only to be illegally revoked by a court in Slovenia which did not follow the rules that existed at the time (pretty astonishing). If the permit is not received within days Ascent are going to go legal. I expect the next RNS to confirm the start of legal proceedings.
All IMHO.