Proactive investorsLogo Proactive Investors UK Website

Search field

1 year chart

digital-look imported chart image

1 day chart

digital-look imported chart image
Epic & Msn data
Epic AST
Time: 16:29:18
Mid Price: 4.38
Change Today: 0.38 Ascending
Change % Today: 9.38 Ascending
Fifty Two Week High: 10.25
Fifty Two Week Low: 2.25
Market Capital: 14.09
Period & price data
Period Price
Now: 4.38
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: 12-06-200908-06-200901-06-2009

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.
CLICK HERE FOR FULL ANLAYSIS OF ASCENT RESOURCES
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.


NewsNow icon AddThis Feed Button
Register here to be notified of future Ascent Resources articles.

Other Ascent Resources articles


Other Ascent Resources news

More news ►

Investors interested in Ascent Resources recently viewed


No investment advice

The Company is a publisher and is not registered with or authorised by the Financial Services Authority (FSA). You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is suitable or advisable for any specific person. You further understand that none of the information providers or their affiliates will advise you personally concerning the nature, potential, advisability, value or suitability of any particular security, portfolio of securities, transaction, investment strategy, or other matter.

You understand that the Site may contain opinions from time to time with regard to securities mentioned in other products, including company related products, and that those opinions may be different from those obtained by using another product related to the Company. You understand and agree that contributors may write about securities in which they or their firms have a position, and that they may trade such securities for their own account. In cases where the position is held at the time of publication and such position is known to the Company, appropriate disclosure is made. However, you understand and agree that at the time of any transaction that you make, one or more contributors may have a position in the securities written about. You understand that price and other data is supplied by sources believed to be reliable, that the calculations herein are made using such data, and that neither such data nor such calculations are guaranteed by these sources, the Company, the information providers or any other person or entity, and may not be complete or accurate.

From time to time, reference may be made in our marketing materials to prior articles and opinions we have published. These references may be selective, may reference only a portion of an article or recommendation, and are likely not to be current. As markets change continuously, previously published information and data may not be current and should not be relied upon.