RE: Rns out11 Mar 2019 11:45
I am... ever the optimist, but when we first turned the taps on, back end of 2017/early 2018, we had thus:
"The invoice for gas and condensate sold during November has been settled in accordance with the agreements. Ascent's share of the proceeds (net of selling costs) was received on 5 January 2018. This amounted to €303,181."
"Total gas produced for November was 1,716,172 cubic metres (60,607 MCF) which equates to 59,178 cubic metres per day (2.1 MMscfd) for the 29 days of production."
Now, we're producing about a sixth of that, with no workovers allowed... with revenue of 44.5k euro! We need this stimulation permits/permits to open up other wells, lest they completely dry up... hence we're over a little bit of a barrel in Slovenia... hence the legal recourse! :)