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Epic & Msn data
Epic AST
Time: 11:07:40
Mid Price: 5.88
Change Today: 0.13 Ascending
Change % Today: 2.17 Ascending
Fifty Two Week High: 10.25
Fifty Two Week Low: 3.13
Market Capital: 30.30
Period & price data
Period Price
Now: 5.88
3 Months ago:
6 Months ago:
1 Year ago:
Additional information
Additional Information
Market: AIM
Sector: Energy
Epic: AST
News: Latest news
Web Site: Ascent Resources
Other Articles: 10-03-201022-02-201009-02-2010

Crude Oil

Ascent Resources

Ascent Resources plc is an AIM listed oil and gas exploration and production company.  The Company has a diversified portfolio of some 20 hydrocarbon exploration and development projects across five countries in Europe: Italy, Switzerland, Hungary, Slovenia and Netherlands. Ascent's portfolio contains a solid base of field redevelopment projects with selected exposure to exploration upside. The portfolio is focussed on gas and with the exception of the shallow water Netherlands project, all of its projects are located onshore where operating and development costs are substantially lower than they are offshore. In October 2008, Ascent agreed with San Severina Holdings SA, a Swiss based investment company, to establish an oil and gas asset management joint venture. The joint venture will acquire minority interests and providing investment funding for producing and development or appraisal stage oil and gas projects.

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Thursday, January 08, 2009

Ascent Resources MD snaps up 1.8 million shares at 2.75 pence

Ascent Resources, the European focused oil and gas exploration and production company, said that Jeremy Eng, Managing Director purchased approximately 1.8 million shares at a price of 2.75p per share.

The share purchase nearly doubled Mr. Eng's stake to 1.25%, or 3.8 million shares.

In November, Ascent Resources announced that it had agreed to establish a ‘oil and gas asset management joint venture’ with San Severina Holdings, a Swiss based investment company. The joint venture will see Ascent provide management services to projects in return for a carried equity stake. San Severine will provide investment funding for appraisal, development and production oil & gas projects, and will commit an initial sum of €100 million to establish the division.


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