RE: Massive news11 Oct 2021 19:12
@kenj - Ascent Resources PLC Expects its PG-10 and PG-11A production wells in Slovenia to generate net production revenue of at least EUR 100,000 per month. Also notes recent "significant increases in global gas prices", singling out central Eastern European price rises of 905% year-on-year. its PG-10 and PG-11A wells in Slovenia can generate net revenue of at least 100,000 eurox ($115,765) a month for the company.
The group noted that current Central Eastern Gas Hub spot prices are around EUR105.0 per megawatt hour, up from EUR11.4 in September 2020.