# Ascent Resources Plc Operational Update

- Link: https://www.directorstalkinterviews.com/ascent-resources-plc-operational-update-2/412729952
- Published: 2017-06-06T11:38:14+01:00
- Author: Amilia Stone

The Board of **Ascent Resources Plc** (LON:AST), the European focussed oil & gas
exploration and production company is pleased to update the market on progress with
its Petišovci project in Slovenia.

Well Pg-11A

The downhole portion of the operations to prepare Pg-11A to produce and sell gas
is expected to finish in the next seven days following which, we will begin the 
construction of the short flowline to connect the well to the pipeline which runs
to the central processing facility (“CPP”).

As the well was fully cleaned up following the extended flow test in 2012, an additional
clean-up and flow test will not be carried out once the workover is complete. Instead
we will immediately move to connect the well to infrastructure, enabling gas to 
be produced for sale.

Infrastructure for delivering gas to INA

We remain on track to commence supplies of gas to INA in the coming weeks, in line
with our schedule.

Current field operations are focussed on:

· connecting the CPP to the export line at MRS Lendava (the land acquired by Ascent
from Trameta in July 2016). This work is progressing as planned and is expected 
to be completed around the middle of this month.

· the refurbishment of gas separation equipment at the CPP. This is also underway
and proceeding as planned.

Our customer, INA, is completing the re-certification of its pipeline in time to
receive Petišovci gas.

> **Colin Hutchinson, CEO, commented**: We are pleased that the work is proceeding
> on time and budget and look forward to selling gas from both wells in the near
> future.

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