Member Info for jester16

Colin needs to bring forward the compression tech and get as much out as we can. Open these other wells and milk them dry. Gla

Weve had no problems for 10 yrs then all of a sudden once we get the gas flowing and selling the slovenians spit their dummy out probably because were selling it to their neighbour. If they took away the red tape because at the end of the day an EIA is just a piece of paper saying yes it's ok we could of worked together in building the processing plant and getting the asset upto full potential giving slovenians jobs in process? But no they refuse to listen to experts advice because of tree huggers I dont think so they want to develop it themselves we just had to prove the asset for them. Scandalous let's hope we take them to the cleaners and move on advertising Slovenia is not open for business.. get the message out there and let the EU know they dont play ball and take away funding then the country can become self serving going back to dark ages... gla

Does our jv have to find 25% or do they get a free ride like everything weve done with this asset...

Is 6 weeks away there had better be progress because I dont think alot will take talks are at a more advance stage than last update. We need to put this to bed so we can move on gla... cannot beat progress if this went to arbitration it would of been done and dusted? How many months wasted...

Going on you invested no one told you too you knew what we were up against who's fault is it? Theres nothing we can do till we get official confirmation and from there we take the necessary steps weve jumped through hoops to give them all the info they required and 6 governing bodies have said there is no environmental risk how much of an EIA do you really want. Maybe 10 governing bodies who knows only arso...

And where did Germany get their billions from? Oh they printed them into existence and charged interest on it. Hmmm what a corrupt world we live in.

With a bit of luck we might get a couple more years the way they operate

Who we upset if our permits have been denied then off to European courts the EU get our money back and hopefully the EU will sanction them for not following the rules they signed up to and take away the funding that they get... you cant let businesses spend 50 mill then take away the rug from under our feet. We've invested in your country and in return treated like s h it. Gla jobs are on the line

Theres nothing colin can do about this his hands are tied. No one at the helm could of done anything different all weve done is appeal? Now we know the answer our bod needs to get its act together and have a strategy that doesn't rely on the issue of permits. Should actually be none issue because they dont. We have been told we can enter wells without the need of permits well let's see what plans we have with regards this seismic data we've been studying for 6 mths. Gla not the best of news

Tomorrow let's see what he has to say nothing we can do. You would of thought they'd support you for all weve invested and the amount of jobs we could of given to locals. I'm hoping arso overrule it but cannot see it. Theres dark forces at work here. Roll on tomorrow I'm intrigued.

I think this was already known by our bod it's what strategy they have now. Will they seek funding by banks to progress the field without the need for permits. If you go back and look at the flow rates of the wells when originally drilled they were high so all we need is 3 to 4 wells going. Let's see what these seismics results throw up.

Kashdog we are doing nothing different to what was done last time we are not drilling deeper we are just stimulating. 6 bodies have stated that it will have no environmental impact even arso have confirmed it's not high impact hydraulic fracturing which ascent welcomed their statement... so what's going on it's very contradictory. It's like they dont want a foreign company extracting their gas. .

Forcing the partners to carry out a further environmental impact assessment is therefore unnecessary and contrary to Slovenian and EU Law. It would further delay the development of a project which has significant benefit to the Company and to Slovenia. We continue to hope that the Environment Ministry will take a decision on this permit based on the facts of the case.

The MESP approved the decision of the ARSO on the necessary environmental impact assessment in Petišovci Ljubljana, June 12, 2019 - The Ministry of the Environment and Spatial Planning (MOP) rejected a complaint by Geoenergo d. o. o. Lendava and confirmed the decision of the Environmental Agency of the Republic of Slovenia (ARSO), with which it decided that the intended operation should be "maintenance of productivity in the extraction of mineral resources in the area k. o. Centiba and k. o. Petišovci "(ie hydraulic breakage or" fracking ") to carry out an environmental impact assessment and obtain an environmental consent (OVS). The MESP has correctly confirmed the position of the ARSO (first instance body) that the matter in question is an intervention that could have a significant impact on the environment, which makes it necessary to carry out an environmental impact assessment and, before possible intervention, obtain an OVS. In addition to the submitted expert opinions, the location of the intervention, the distance of the intended interventions from the individual watercourses, and taking into account that the groundwater, groundwater and agricultural land in the area do not have good regeneration capacity, taking into account the principle of prudence, agreed with the position of the ARSO, that it is an operation which requires an environmental impact assessment and the acquisition of an OVS. The MESP has confirmed the findings of the ARSO that the drainage radius will increase and will be carried out at other depths, such as the previous hydraulic breakage, and the hydraulically broken method will be altered, and that this is a procedure that results in changes in the operation devices and for work or interventions that alter the physical reality of the site.

Weve already had an EIA done so why would we need another it's all there in black and white. Geological survey of Slovenia conducted it. Let's see what comes officially.. rns tomorrow

If it hasn't it's going against everything that 6 independent governing bodies that have stated theres no environmental risk. Looks like legal action will be triggered cant see what else can be done claim for damages beckons but let's see what officially comes in an rns.

 There was an Environmental Impact Assessment carried out by the Geological Survey of Slovenia in 2012 after Pg-10 and Pg-11A were drilled which concluded there was no significant environmental risk.

· During the current preliminary screening application process, six independent government bodies were consulted by ARSO and all six concluded that the process carried no significant environmental risk.

· A significant level of additional information has already been provided by the partners to ARSO in a spirit of full co-operation and disclosure.

· We have materially exceeded the level of scrutiny normally required and a process which should take two months has taken close to two years.

Why didn't we go for this from day one running in sync with the permit application I suppose colin will update us to tomorrow. Hibernation is over. Gla let's hope for some good news.

They reckon there was threats from ascent shareholders but the claims were unfounded. Jure was the corrupt one who is being investigated.

Forward this compressor. We need a strategy that's going to work for this company. They still call it fracturing when its stimulation. I cant get my head round this 6 governing bodies say it's not harmful to the environment it's been done numerous times without any problems so why the issue and weve already got an EIA from previous stim.