The testing of the shallowest of the three stages has already indicated good productivity and will be further tested to ascertain flow capability.
The company said that with the high productivity and due to the resulting high pressures, a revised procedure is being prepared for the clean-out and testing of the two deeper stages.
Ascent has drilled and completed both the Pg-10 and Pg-11A wells into the deeper Miocene sands of the Petisovci project.
A three-stage fracture stimulation treatment was pumped in Pg-11A at depths between 3,010m and 3,250m.
Ascent Slovenia, a wholly-owned subsidiary of Ascent Resources, holds a 75% interest in the Petisovci project, while Geoenergo. a Slovene company that is the concessionaire, holds the ramining 25% interest.