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20 May 2019 | 14:38

Ascent Resources buys compressor unit for Petisovci project in Slovenia

Ascent Resources said it had signed a contract for the purchase of a mobile compressor unit for its Petisovci project in Slovenia.

The supplier was expected to install and commission the unit in the fourth quarter 2019.

It was expected to allow increased, stable production from well Pg-10 and would significantly extend the life of the well.

The equipment would also be used on well Pg-11A to address performance issues that had restricted production over the past year.

At 2:38pm: (LON:AST) Ascent Resources PLC share price was 0p at 0.38p

Story provided by StockMarketWire.com
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