Ascent Resources Optimistic on US Gas Plant Progress

Ascent Resources (GB:AST) has released an update.

Ascent Resources PLC has reported a positive operational update on its investment in the US-based Lisbon Valley gas and helium processing plant, which is now under the ownership of GNG Partners LLC. The plant is in good condition and is undergoing maintenance, including the restoration of the helium purification system. The company anticipates the plant’s helium liquidation unit to be operational by the end of the year, with expectations to resume helium sales soon.

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