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Market: N/A
Sector: Media & Publishing
Epic: PROACTIVE
News: Latest news
Web Site: Proactiveinvestors
Other Articles: 17-03-201010-03-201022-02-2010
Friday, June 26, 2009

Ascent Resources, Blue Energy and Kenmare Resources to present at 16 July One2One Forum

by Proactiveinvestors company news image

There certainly appears to be a more positive vibe amongst professional and private investors at the moment. At our most recent event (25 June) the audience on hand was very upbeat and very keen to learn about the companies presenting.  


With this in mind, we expect a strong turnout for our next commodity focused evening, in partnership with Mineweb.net.   A lot of people have asked why we struck a deal with Mineweb:  the answer is simple. As we now host events in Sydney, Toronto and London, it makes strategic sense to work with other websites where we mutually build our brand and presence across various continents.


Our next event will be on 16 July, 2009, where the directors of Ascent Resources (AIM: AST), Blue Energy Limited (ASX: BUL) and Kenmare Resources (LSE: KMR) will be presenting.  


The presentation will commence at 6pm, each company will have approximately 30 minutes. Afterwards there will be a wine and canapé reception to allow attendees to network.


The event will be held at the Chesterfield Mayfair Hotel, 35 Charles Street, Mayfair, W1J 5EB.  
If you have any problems registering or queries please email action@proactiveinvestors.com
Details on the presenting companies can be found below.


Ascent Resources (AIM: AST) (Market Cap £11 million) is a European 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 focused 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.


Blue Energy Limited (ASX:BUL)
(Market Cap A$115 million) is a rapidly evolving energy exploration company strategically positioned with abundant coal seam gas (CSG) assets throughout Queensland to meet the rising demand for cleaner power. Blue Energy has a vision to be Australia’s leading mid-sized coal seam gas exploration and production company with gas reserves in excess of 1 trillion cubic feet of gas within five years.


Kenmare Resources (LSE: KMR) (Market Cap £168 million) principal activities is the exploration for commercial deposits of natural resources and the development and operation of mines. Kenmare Resources main asset is the Moma Titanium Minerals Mine, located on the coast of Mozambique. The Moma Mine contains reserves of heavy minerals which include the titanium minerals ilmenite and rutile, as well as the high-value zircon mineral.

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