Proactiveinvestors United Kingdom Ascent Resources PLC https://www.proactiveinvestors.co.uk Proactiveinvestors United Kingdom Ascent Resources PLC RSS feed en Tue, 07 Apr 2020 02:29:08 +0100 http://blogs.law.harvard.edu/tech/rss Genera CMS action@proactiveinvestors.com (Proactiveinvestors) action@proactiveinvestors.com (Proactiveinvestors) Ascent Resources shares advance as gas sales deal extended https://www.proactiveinvestors.co.uk/companies/news/219259/ascent-resources-shares-advance-as-gas-sales-deal-extended-219259.html Mon, 29 Apr 2019 08:48:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/219259/ascent-resources-shares-advance-as-gas-sales-deal-extended-219259.html Ascent Resources shares rise as Slovenia permit is confirmed https://www.proactiveinvestors.co.uk/companies/news/218572/ascent-resources-shares-rise-as-slovenia-permit-is-confirmed-218572.html Mon, 15 Apr 2019 07:43:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/218572/ascent-resources-shares-rise-as-slovenia-permit-is-confirmed-218572.html Ascent Resources restarts Pg-11A well, permitting hits further delay https://www.proactiveinvestors.co.uk/companies/news/198516/ascent-resources-restarts-pg-11a-well-permitting-hits-further-delay-198516.html Fri, 08 Jun 2018 06:55:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/198516/ascent-resources-restarts-pg-11a-well-permitting-hits-further-delay-198516.html 'This is just the start for Ascent Resources', says CEO Colin Hutchinson https://www.proactiveinvestors.co.uk/companies/news/308385/-this-is-just-the-start-for-ascent-resources-says-ceo-colin-hutchinson-8385.html Fri, 17 Nov 2017 14:14:00 +0000 https://www.proactiveinvestors.co.uk/companies/news/308385/-this-is-just-the-start-for-ascent-resources-says-ceo-colin-hutchinson-8385.html Ascent Resources shares rise as investors look forward to start of gas production https://www.proactiveinvestors.co.uk/companies/news/181047/ascent-resources-shares-rise-as-investors-look-forward-to-start-of-gas-production-181047.html Tue, 18 Jul 2017 13:00:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/181047/ascent-resources-shares-rise-as-investors-look-forward-to-start-of-gas-production-181047.html Ascent Resources “delighted” as it reports first gas sale in Slovenia https://www.proactiveinvestors.co.uk/companies/news/176432/ascent-resources-delighted-as-it-reports-first-gas-sale-in-slovenia-176432.html Thu, 13 Apr 2017 10:14:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/176432/ascent-resources-delighted-as-it-reports-first-gas-sale-in-slovenia-176432.html Ascent Resources gas treatment project in clear as court dismisses latest appeal https://www.proactiveinvestors.co.uk/companies/news/175747/ascent-resources-gas-treatment-project-in-clear-as-court-dismisses-latest-appeal-175747.html Fri, 31 Mar 2017 07:23:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/175747/ascent-resources-gas-treatment-project-in-clear-as-court-dismisses-latest-appeal-175747.html Slovenian gas producer Ascent Resources lands supply contract https://www.proactiveinvestors.co.uk/companies/news/174601/slovenian-gas-producer-ascent-resources-lands-supply-contract-174601.html Fri, 10 Mar 2017 08:20:00 +0000 https://www.proactiveinvestors.co.uk/companies/news/174601/slovenian-gas-producer-ascent-resources-lands-supply-contract-174601.html Ascent Resources 'moving ahead without delay' towards first gas in Slovenia https://www.proactiveinvestors.co.uk/companies/news/306929/ascent-resources-moving-ahead-without-delay-towards-first-gas-in-slovenia-6929.html Thu, 16 Feb 2017 12:46:00 +0000 https://www.proactiveinvestors.co.uk/companies/news/306929/ascent-resources-moving-ahead-without-delay-towards-first-gas-in-slovenia-6929.html Ascent Resources gas flow test beats expectations https://www.proactiveinvestors.co.uk/companies/news/172342/ascent-resources-gas-flow-test-beats-expectations-172342.html Mon, 30 Jan 2017 07:55:00 +0000 https://www.proactiveinvestors.co.uk/companies/news/172342/ascent-resources-gas-flow-test-beats-expectations-172342.html Ascent Resources shares advance ahead of gas flow test https://www.proactiveinvestors.co.uk/companies/news/172021/ascent-resources-shares-advance-ahead-of-gas-flow-test-172021.html Mon, 23 Jan 2017 09:21:00 +0000 https://www.proactiveinvestors.co.uk/companies/news/172021/ascent-resources-shares-advance-ahead-of-gas-flow-test-172021.html Ascent Resources boosted by environmental ruling https://www.proactiveinvestors.co.uk/companies/news/168863/ascent-resources-boosted-by-environmental-ruling-168863.html Fri, 11 Nov 2016 10:58:00 +0000 https://www.proactiveinvestors.co.uk/companies/news/168863/ascent-resources-boosted-by-environmental-ruling-168863.html Ascent is now only months away from cash flow from Slovenian gas https://www.proactiveinvestors.co.uk/companies/news/168623/ascent-is-now-only-months-away-from-cash-flow-from-slovenian-gas-168623.html Mon, 07 Nov 2016 14:26:00 +0000 https://www.proactiveinvestors.co.uk/companies/news/168623/ascent-is-now-only-months-away-from-cash-flow-from-slovenian-gas-168623.html Ascent Resources plc readying itself for production in Slovenia https://www.proactiveinvestors.co.uk/companies/news/306304/ascent-resources-plc-readying-itself-for-production-in-slovenia-6304.html Tue, 01 Nov 2016 14:55:00 +0000 https://www.proactiveinvestors.co.uk/companies/news/306304/ascent-resources-plc-readying-itself-for-production-in-slovenia-6304.html Ascent Resources' £4.5mln placing sets it on path to first gas https://www.proactiveinvestors.co.uk/companies/news/168133/ascent-resources-45mln-placing-sets-it-on-path-to-first-gas-168133.html Thu, 27 Oct 2016 07:08:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/168133/ascent-resources-45mln-placing-sets-it-on-path-to-first-gas-168133.html Ascent Resources PLC raises £500,000 through online investment platform https://www.proactiveinvestors.co.uk/companies/news/124540/ascent-resources-plc-raises-500000-through-online-investment-platform-124540.html Thu, 07 Apr 2016 09:56:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/124540/ascent-resources-plc-raises-500000-through-online-investment-platform-124540.html Ascent set for sharp descent after speculators kill Cadogan takeover https://www.proactiveinvestors.co.uk/companies/news/124302/ascent-set-for-sharp-descent-after-speculators-kill-cadogan-takeover-124302.html Fri, 01 Apr 2016 06:33:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/124302/ascent-set-for-sharp-descent-after-speculators-kill-cadogan-takeover-124302.html Ascent Resources slumps as it eyes recapitalisation https://www.proactiveinvestors.co.uk/companies/news/110018/ascent-resources-slumps-as-it-eyes-recapitalisation-110018.html Mon, 17 Aug 2015 12:53:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/110018/ascent-resources-slumps-as-it-eyes-recapitalisation-110018.html Ascent Resources advances following permit award in Slovenia https://www.proactiveinvestors.co.uk/companies/news/108345/ascent-resources-advances-following-permit-award-in-slovenia-108345.html Wed, 24 Jun 2015 09:49:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/108345/ascent-resources-advances-following-permit-award-in-slovenia-108345.html Ascent Resources falls amid funding uncertainty https://www.proactiveinvestors.co.uk/companies/news/59836/ascent-resources-falls-amid-funding-uncertainty-70217.html Wed, 09 Jul 2014 07:44:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/59836/ascent-resources-falls-amid-funding-uncertainty-70217.html Ascent agrees £5mln funding deal; reveals opportunity to generate early cash flow https://www.proactiveinvestors.co.uk/companies/news/55421/ascent-agrees-5mln-funding-deal-reveals-opportunity-to-generate-early-cash-flow-65530.html Wed, 05 Feb 2014 07:03:00 +0000 https://www.proactiveinvestors.co.uk/companies/news/55421/ascent-agrees-5mln-funding-deal-reveals-opportunity-to-generate-early-cash-flow-65530.html Ascent Resources to sell non-core Dutch assets https://www.proactiveinvestors.co.uk/companies/news/50232/ascent-resources-to-sell-non-core-dutch-assets-59796.html Wed, 07 Aug 2013 06:47:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/50232/ascent-resources-to-sell-non-core-dutch-assets-59796.html Ascent Resources shares lifted as makes progress in Slovenia https://www.proactiveinvestors.co.uk/companies/news/49057/ascent-resources-shares-lifted-as-makes-progress-in-slovenia-58447.html Thu, 27 Jun 2013 09:42:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/49057/ascent-resources-shares-lifted-as-makes-progress-in-slovenia-58447.html Ascent Resources sells Hungarian assets for €450,000 https://www.proactiveinvestors.co.uk/companies/news/47130/ascent-resources-sells-hungarian-assets-for-450000-56199.html Thu, 25 Apr 2013 07:19:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/47130/ascent-resources-sells-hungarian-assets-for-450000-56199.html Ascent Resources slides on open offer terms https://www.proactiveinvestors.co.uk/companies/news/46740/ascent-resources-slides-on-open-offer-terms-55751.html Fri, 12 Apr 2013 06:37:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/46740/ascent-resources-slides-on-open-offer-terms-55751.html Ascent Resources secures £10mln funding facility https://www.proactiveinvestors.co.uk/companies/news/44899/ascent-resources-secures-10mln-funding-facility-53576.html Tue, 12 Feb 2013 06:56:00 +0000 https://www.proactiveinvestors.co.uk/companies/news/44899/ascent-resources-secures-10mln-funding-facility-53576.html Ascent Resources slides on new funding https://www.proactiveinvestors.co.uk/companies/news/43506/ascent-resources-slides-on-new-funding-51902.html Mon, 24 Dec 2012 07:55:00 +0000 https://www.proactiveinvestors.co.uk/companies/news/43506/ascent-resources-slides-on-new-funding-51902.html Ascent Resources confirms Slovenian farm out talks https://www.proactiveinvestors.co.uk/companies/news/41597/ascent-resources-confirms-slovenian-farm-out-talks-49599.html Fri, 26 Oct 2012 06:29:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/41597/ascent-resources-confirms-slovenian-farm-out-talks-49599.html Ascent Resources looks to solve €15 million loan impasse https://www.proactiveinvestors.co.uk/companies/news/41034/ascent-resources-looks-to-solve-15-million-loan-impasse-48925.html Tue, 09 Oct 2012 13:49:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/41034/ascent-resources-looks-to-solve-15-million-loan-impasse-48925.html Ascent Resources hires new chief executive https://www.proactiveinvestors.co.uk/companies/news/39553/ascent-resources-hires-new-chief-executive-47228.html Thu, 23 Aug 2012 06:45:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/39553/ascent-resources-hires-new-chief-executive-47228.html Ascent Resources bolsters finances after Petišovci delay https://www.proactiveinvestors.co.uk/companies/news/38550/ascent-resources-bolsters-finances-after-petisovci-delay--46094.html Fri, 27 Jul 2012 08:52:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/38550/ascent-resources-bolsters-finances-after-petisovci-delay--46094.html Ascent Resources: Penészlek field boosted by latest findings of PEN-105A well https://www.proactiveinvestors.co.uk/companies/news/37884/ascent-resources-penszlek-field-boosted-by-latest-findings-of-pen-105a-well-45288.html Tue, 10 Jul 2012 07:46:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/37884/ascent-resources-penszlek-field-boosted-by-latest-findings-of-pen-105a-well-45288.html Ascent Resources' initial development at Petisovci should cause shares to re-rate, says broker https://www.proactiveinvestors.co.uk/companies/news/36436/ascent-resources-initial-development-at-petisovci-should-cause-shares-to-re-rate-says-broker-43546.html The securing of €15 million funding by Ascent Resources' (LON:AST) marks a key milestone for the oil and gas firm, says broker FinnCap

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Wed, 30 May 2012 10:50:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/36436/ascent-resources-initial-development-at-petisovci-should-cause-shares-to-re-rate-says-broker-43546.html
Ascent Resources hails solid progress at Petisovci gas field in Slovenia https://www.proactiveinvestors.co.uk/companies/news/36413/ascent-resources-hails-solid-progress-at-petisovci-gas-field-in-slovenia-43529.html Wed, 30 May 2012 07:42:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/36413/ascent-resources-hails-solid-progress-at-petisovci-gas-field-in-slovenia-43529.html Ascent Resources secures BNP Paribas loan for Petisovci field development, shares soar https://www.proactiveinvestors.co.uk/companies/news/36394/ascent-resources-secures-bnp-paribas-loan-for-petisovci-field-development-shares-soar-43493.html Tue, 29 May 2012 15:16:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/36394/ascent-resources-secures-bnp-paribas-loan-for-petisovci-field-development-shares-soar-43493.html Ascent Resources says Hungarian sidetrack well exceeds hopes https://www.proactiveinvestors.co.uk/companies/news/34887/ascent-resources-says-hungarian-sidetrack-well-exceeds-hopes-41624.html Wed, 18 Apr 2012 06:28:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/34887/ascent-resources-says-hungarian-sidetrack-well-exceeds-hopes-41624.html Ascent Resources starts side-track drilling on Penészlek gas field https://www.proactiveinvestors.co.uk/companies/news/34003/ascent-resources-starts-side-track-drilling-on-penszlek-gasfield-40536.html Wed, 21 Mar 2012 06:21:00 +0000 https://www.proactiveinvestors.co.uk/companies/news/34003/ascent-resources-starts-side-track-drilling-on-penszlek-gasfield-40536.html Ascent Resources increases Petišovci gas-in-place by 22 pct https://www.proactiveinvestors.co.uk/companies/news/33021/ascent-resources-increases-petisovci-gas-in-place-by-22-pct-39320.html Thu, 23 Feb 2012 06:41:00 +0000 https://www.proactiveinvestors.co.uk/companies/news/33021/ascent-resources-increases-petisovci-gas-in-place-by-22-pct-39320.html Ascent Resources MD buys shares in firm https://www.proactiveinvestors.co.uk/companies/news/30824/ascent-resources-md-buys-shares-in-firm-36857.html Mon, 12 Dec 2011 13:00:00 +0000 https://www.proactiveinvestors.co.uk/companies/news/30824/ascent-resources-md-buys-shares-in-firm-36857.html Ascent Resources mulls options over Petisovci development https://www.proactiveinvestors.co.uk/companies/news/30320/ascent-resources-mulls-options-over-petisovci-development-36239.html Ascent Resources is to look at debt rather than equity to finance the development of the first two wells on its Petisovci project in Slovenia.

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Tue, 29 Nov 2011 06:28:00 +0000 https://www.proactiveinvestors.co.uk/companies/news/30320/ascent-resources-mulls-options-over-petisovci-development-36239.html
Ascent reports "excellent" result from second well in Slovenia https://www.proactiveinvestors.co.uk/companies/news/30211/ascent-reports-excellent-result-from-second-well-in-slovenia-36115.html Fri, 25 Nov 2011 06:43:00 +0000 https://www.proactiveinvestors.co.uk/companies/news/30211/ascent-reports-excellent-result-from-second-well-in-slovenia-36115.html November will be a busy month for London’s oil stocks, says finnCap https://www.proactiveinvestors.co.uk/companies/news/29368/november-will-be-a-busy-month-for-londons-oil-stocks-says-finncap--35109.html In a note today finnCap told clients that the sharp recovery in the equity market means that oil stocks aren’t as undervalued as they were. Attentions are now expected to turn onto high impact drilling results in the exploration and production sector.

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Wed, 02 Nov 2011 13:10:00 +0000 https://www.proactiveinvestors.co.uk/companies/news/29368/november-will-be-a-busy-month-for-londons-oil-stocks-says-finncap--35109.html
Ascent Resources prepares Pg-11A well for production https://www.proactiveinvestors.co.uk/companies/news/29341/ascent-resources-prepares-pg-11a-well-for-production--35073.html The Pg-11A is now being prepared for production. Meanwhile fracture stimulation operations will begin in the coming days at the nearby Pg-10 well.

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Wed, 02 Nov 2011 06:33:00 +0000 https://www.proactiveinvestors.co.uk/companies/news/29341/ascent-resources-prepares-pg-11a-well-for-production--35073.html
Ascent Resources backed by investors after better-than-expected Petišovci frac https://www.proactiveinvestors.co.uk/companies/news/29042/ascent-resources-backed-by-investors-after-better-than-expected-petisovci-frac-34711.html With more than a 45 per cent rise in the group’s shares last week it seems investors may be waking up to the potential of Ascent Resources’ the Petišovci project in Slovenia, after a better-than-expected frac job on the Pg-11A well. 

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Mon, 24 Oct 2011 09:32:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/29042/ascent-resources-backed-by-investors-after-better-than-expected-petisovci-frac-34711.html
Ascent Resources unveils ‘very encouraging’ preliminary frac results from Pg-11A well https://www.proactiveinvestors.co.uk/companies/news/28904/ascent-resources-unveils-very-encouraging-preliminary-frac-results-from-pg-11a-well-34545.html Managing director Jeremy Eng says the results are more than adequate to support the further development of the Petišovci project in Slovenia.

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Wed, 19 Oct 2011 08:57:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/28904/ascent-resources-unveils-very-encouraging-preliminary-frac-results-from-pg-11a-well-34545.html
Ascent Resources gets licence extension offshore Netherlands https://www.proactiveinvestors.co.uk/companies/news/27658/ascent-resources-gets-licence-extension-offshore-netherlands-33035.html Tue, 13 Sep 2011 06:47:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/27658/ascent-resources-gets-licence-extension-offshore-netherlands-33035.html Ascent Resources sees energy prices favourable as interim losses narrow https://www.proactiveinvestors.co.uk/companies/news/27480/ascent-resources-sees-energy-prices-favourable-as-interim-losses-narrow-32808.html Wed, 07 Sep 2011 08:21:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/27480/ascent-resources-sees-energy-prices-favourable-as-interim-losses-narrow-32808.html UPDATE: Ascent Resources says Pg-10 well confirms potential commerciality of Petišovci https://www.proactiveinvestors.co.uk/companies/news/27029/update-ascent-resources-says-pg-10-well-confirms-potential-commerciality-of-petisovci-32260.html Tue, 23 Aug 2011 12:52:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/27029/update-ascent-resources-says-pg-10-well-confirms-potential-commerciality-of-petisovci-32260.html Ascent Resources says Pg-10 well confirms potential commerciality of Petišovci https://www.proactiveinvestors.co.uk/companies/news/27002/ascent-resources-says-pg-10-well-confirms-potential-commerciality-of-petisovci-32232.html Tue, 23 Aug 2011 06:37:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/27002/ascent-resources-says-pg-10-well-confirms-potential-commerciality-of-petisovci-32232.html Ascent Resources raises €552,525 to advance Italian projects https://www.proactiveinvestors.co.uk/companies/news/25919/ascent-resources-raises-552525-to-advance-italian-projects-30946.html Thu, 21 Jul 2011 06:47:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/25919/ascent-resources-raises-552525-to-advance-italian-projects-30946.html Ascent Resources Pg-10 well to confirm quality of Middle Miocene; will analyse deeper reservoir https://www.proactiveinvestors.co.uk/companies/news/24880/ascent-resources-pg-10-well-to-confirm-quality-of-middle-miocene-will-analyse-deeper-reservoir--29723.html

Ascent Resources revealed this morning it has begun drilling the Pg-10 well on the Petišovci Project in Slovenia. The aim of this second redevelopment well is to confirm the quality and commerciality of the Middle Miocene reservoir, which is estimated to contain 400 billion cubic feet of gas.

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Thu, 23 Jun 2011 06:34:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/24880/ascent-resources-pg-10-well-to-confirm-quality-of-middle-miocene-will-analyse-deeper-reservoir--29723.html
Ascent Resources shares advance as latest well reveals new gas reservoir https://www.proactiveinvestors.co.uk/companies/news/24537/ascent-resources-shares-advance-as-latest-well-reveals-new-gas-reservoir-29313.html Ascent Resources shares advanced 10 percent higher on AIM this morning after it unveiled more drilling success in Slovenia. It told investors that it has successfully completed drilling the Pg-11A well with encouraging results as it found a new deeper gas reservoir.

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Mon, 13 Jun 2011 09:46:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/24537/ascent-resources-shares-advance-as-latest-well-reveals-new-gas-reservoir-29313.html
Ascent Resources completes Pg-11a well with encouraging results https://www.proactiveinvestors.co.uk/companies/news/24522/ascent-resources-completes-pg-11a-well-with-encouraging-results--29298.html Mon, 13 Jun 2011 06:36:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/24522/ascent-resources-completes-pg-11a-well-with-encouraging-results--29298.html UPDATE: Ascent looks forward to “highly encouraging” year https://www.proactiveinvestors.co.uk/companies/news/24220/update-ascent-looks-forward-to-highly-encouraging-year-28918.html Thu, 02 Jun 2011 10:21:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/24220/update-ascent-looks-forward-to-highly-encouraging-year-28918.html Ascent looks forward to “highly encouraging” year https://www.proactiveinvestors.co.uk/companies/news/24210/ascent-looks-forward-to-highly-encouraging-year-28908.html Thu, 02 Jun 2011 07:52:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/24210/ascent-looks-forward-to-highly-encouraging-year-28908.html Fox-Davies repeats ‘buy’ for Ascent Resources after latest well update from Slovenia https://www.proactiveinvestors.co.uk/companies/news/23972/fox-davies-repeats-buy-for-ascent-resources-after-latest-well-update-from-slovenia-28621.html Wed, 25 May 2011 10:16:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/23972/fox-davies-repeats-buy-for-ascent-resources-after-latest-well-update-from-slovenia-28621.html Tests at Pg-11A well at Ascent Resources’ Petišovci project show producible gas https://www.proactiveinvestors.co.uk/companies/news/23924/tests-at-pg-11a-well-at-ascent-resources-petisovci-project-show-producible-gas-28552.html Tue, 24 May 2011 07:55:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/23924/tests-at-pg-11a-well-at-ascent-resources-petisovci-project-show-producible-gas-28552.html Ascent Resources One2One Presentation in Dublin - 29th March 2011 https://www.proactiveinvestors.co.uk/companies/news/300815/ascent-resources-one2one-presentation-in-dublin-29th-march-2011-.html Tue, 29 Mar 2011 08:00:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/300815/ascent-resources-one2one-presentation-in-dublin-29th-march-2011-.html Ascent Resources directors buy shares https://www.proactiveinvestors.co.uk/companies/news/22185/ascent-resources-directors-buy-shares-26456.html Fri, 18 Mar 2011 08:38:00 +0000 https://www.proactiveinvestors.co.uk/companies/news/22185/ascent-resources-directors-buy-shares-26456.html Ascent Resources raising £17 mln in placing to develop Slovenian/Hungarian gas projects https://www.proactiveinvestors.co.uk/companies/news/22162/ascent-resources-raising-17-mln-in-placing-to-develop-slovenianhungarian-gas-projects-26429.html Thu, 17 Mar 2011 11:37:00 +0000 https://www.proactiveinvestors.co.uk/companies/news/22162/ascent-resources-raising-17-mln-in-placing-to-develop-slovenianhungarian-gas-projects-26429.html Ascent Resources raises £0.4 million after drilling success at Petişovci gas project https://www.proactiveinvestors.co.uk/companies/news/21905/ascent-resources-raises-04-million-after-drilling-success-at-petiovci-gas-project-26121.html Mon, 07 Mar 2011 07:40:00 +0000 https://www.proactiveinvestors.co.uk/companies/news/21905/ascent-resources-raises-04-million-after-drilling-success-at-petiovci-gas-project-26121.html Ascent primed for take-off as the company unlocks the value of Petişovci https://www.proactiveinvestors.co.uk/companies/news/21692/ascent-primed-for-take-off-as-the-company-unlocks-the-value-of-petiovci--25858.html Broker Fox-Davies reckons investors have missed a trick and the company's current valuation is out of whack with its prospects. "The market is either over-discounting for the technical risks of this project or not willing to recognise at least the risked valuation of the asset, until a firm development plant has been completed or possibly of an actual production well is underway,” says analyst Lionel Therond.

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Thu, 24 Feb 2011 13:59:00 +0000 https://www.proactiveinvestors.co.uk/companies/news/21692/ascent-primed-for-take-off-as-the-company-unlocks-the-value-of-petiovci--25858.html
Ascent Resources’ Pg-11 well will add c.30 pct in recoverable volumes - finnCap https://www.proactiveinvestors.co.uk/companies/news/21584/ascent-resources-pg-11-well-will-add-c30-pct-in-recoverable-volumes-finncap-25735.html Mon, 21 Feb 2011 15:10:00 +0000 https://www.proactiveinvestors.co.uk/companies/news/21584/ascent-resources-pg-11-well-will-add-c30-pct-in-recoverable-volumes-finncap-25735.html Ascent Reources shares soar after better-than-expected result from Pg-11 well in Slovenia https://www.proactiveinvestors.co.uk/companies/news/21456/ascent-reources-shares-soar-after-better-than-expected-result-from-pg-11-well-in-slovenia-25582.html  

The AIM-listed oil firm has completed the initial drilling phase on its first well on the Petişovci project in Slovenia. It found gas in all six target reservoir intervals and even uncovered a ‘bonus’ gas find in the deeper depths of the well. The rig is now on standby for a production sidetrack. The news was welcomed by investors and analysts alike.

 

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Wed, 16 Feb 2011 09:52:00 +0000 https://www.proactiveinvestors.co.uk/companies/news/21456/ascent-reources-shares-soar-after-better-than-expected-result-from-pg-11-well-in-slovenia-25582.html
Ascent Resources: Successful Pg-11 well result beats expectations https://www.proactiveinvestors.co.uk/companies/news/21441/ascent-resources-successful-pg-11-well-result-beats-expectations-25559.html Wed, 16 Feb 2011 06:32:00 +0000 https://www.proactiveinvestors.co.uk/companies/news/21441/ascent-resources-successful-pg-11-well-result-beats-expectations-25559.html Ascent Resources set to complete EnQuest deal as first Slovenian well nears target depth https://www.proactiveinvestors.co.uk/companies/news/21113/ascent-resources-set-to-complete-enquest-deal-as-first-slovenian-well-nears-target-depth-25154.html Wed, 02 Feb 2011 07:35:00 +0000 https://www.proactiveinvestors.co.uk/companies/news/21113/ascent-resources-set-to-complete-enquest-deal-as-first-slovenian-well-nears-target-depth-25154.html Audio Interview Transcript with Jeremy Eng, Managing Director of Ascent Resources https://www.proactiveinvestors.co.uk/companies/news/20528/audio-interview-transcript-with-jeremy-eng-managing-director-of-ascent-resources-24478.html Tue, 11 Jan 2011 13:02:00 +0000 https://www.proactiveinvestors.co.uk/companies/news/20528/audio-interview-transcript-with-jeremy-eng-managing-director-of-ascent-resources-24478.html Jeremy Eng MD of Ascent Resources, talks about shallow oil reserves in Italy https://www.proactiveinvestors.co.uk/companies/news/300746/jeremy-eng-md-of-ascent-resources-talks-about-shallow-oil-reserves-in-italy-630.html Tue, 04 Jan 2011 09:04:00 +0000 https://www.proactiveinvestors.co.uk/companies/news/300746/jeremy-eng-md-of-ascent-resources-talks-about-shallow-oil-reserves-in-italy-630.html Ascent Resources: Fox-Davies says Petişovci deal with EnQuest adds value https://www.proactiveinvestors.co.uk/companies/news/20324/ascent-resources-fox-davies-says-petiovci-deal-with-enquest-adds-value-24249.html Thu, 23 Dec 2010 11:19:00 +0000 https://www.proactiveinvestors.co.uk/companies/news/20324/ascent-resources-fox-davies-says-petiovci-deal-with-enquest-adds-value-24249.html Ascent Resources starts drilling Pg-11 evaluation well in Petişovci field, Slovenia https://www.proactiveinvestors.co.uk/companies/news/20283/ascent-resources-starts-drilling-pg-11-evaluation-well-in-petiovci-field-slovenia-24201.html Wed, 22 Dec 2010 06:34:00 +0000 https://www.proactiveinvestors.co.uk/companies/news/20283/ascent-resources-starts-drilling-pg-11-evaluation-well-in-petiovci-field-slovenia-24201.html Ascent brokers all share deal with EnQuest to take 75 pct of Petişovci Concession https://www.proactiveinvestors.co.uk/companies/news/20264/ascent-brokers-all-share-deal-with-enquest-to-take-75-pct-of-petiovci-concession-24175.html Tue, 21 Dec 2010 10:05:00 +0000 https://www.proactiveinvestors.co.uk/companies/news/20264/ascent-brokers-all-share-deal-with-enquest-to-take-75-pct-of-petiovci-concession-24175.html Ascent Resources’ potential is 'clearly being underestimated' - finnCap https://www.proactiveinvestors.co.uk/companies/news/19766/ascent-resources-potential-is-clearly-being-underestimated-finncap-23594.html Thu, 02 Dec 2010 10:40:00 +0000 https://www.proactiveinvestors.co.uk/companies/news/19766/ascent-resources-potential-is-clearly-being-underestimated-finncap-23594.html Ascent Resources sees start of drilling Pg-11 evaluation well in Slovenia mid-December https://www.proactiveinvestors.co.uk/companies/news/19754/ascent-resources-sees-start-of-drilling-pg-11-evaluation-well-in-slovenia-mid-december--23574.html Thu, 02 Dec 2010 07:05:00 +0000 https://www.proactiveinvestors.co.uk/companies/news/19754/ascent-resources-sees-start-of-drilling-pg-11-evaluation-well-in-slovenia-mid-december--23574.html Ascent Resources secures £9.1 mln for near term work programme https://www.proactiveinvestors.co.uk/companies/news/19411/ascent-resources-secures-91-mln-for-near-term-work-programme-23170.html Fri, 19 Nov 2010 07:21:00 +0000 https://www.proactiveinvestors.co.uk/companies/news/19411/ascent-resources-secures-91-mln-for-near-term-work-programme-23170.html Slovenia success could transform Ascent Resources https://www.proactiveinvestors.co.uk/companies/news/19108/slovenia-success-could-transform-ascent-resources-22835.html The company will shortly start drilling the first well at the Petişovci-Lovaszi gas prospect in Slovenia. If the current P50 reserves estimate of 412 billion cubic feet gas-in-place are proved up, then Petişovci-Lovaszi will be one of the bigger onshore gas fields in Europe - and could prove to be a company-making asset. 

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Tue, 09 Nov 2010 10:21:00 +0000 https://www.proactiveinvestors.co.uk/companies/news/19108/slovenia-success-could-transform-ascent-resources-22835.html
Ascent sells stake in Hungarian gas field https://www.proactiveinvestors.co.uk/companies/news/19000/ascent-sells-stake-in-hungarian-gas-field--22713.html Thu, 04 Nov 2010 06:44:00 +0000 https://www.proactiveinvestors.co.uk/companies/news/19000/ascent-sells-stake-in-hungarian-gas-field--22713.html Ascent Resources appoints FD-designate as Simon Cunningham moves to Oz https://www.proactiveinvestors.co.uk/companies/news/18939/ascent-resources-appoints-fd-designate-as-simon-cunningham-moves-to-oz--22643.html Tue, 02 Nov 2010 08:06:00 +0000 https://www.proactiveinvestors.co.uk/companies/news/18939/ascent-resources-appoints-fd-designate-as-simon-cunningham-moves-to-oz--22643.html Ascent Resources surges as independent estimate puts Petisovci-Lovaszi tight gas at 412Bcf https://www.proactiveinvestors.co.uk/companies/news/18393/ascent-resources-surges-as-independent-estimate-puts-petisovci-lovaszi-tight-gas-at-412bcf-22003.html Shares surged over 25% on the open, as investors welcomed an independent report on the Petisovci-Lovaszi project. RPS Energy estimates that the tight gas reservoirs contain 412Bcf of gas (68.7 million barrels of oil). The company is looking to spud an evaluation well in November.

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Wed, 13 Oct 2010 07:20:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/18393/ascent-resources-surges-as-independent-estimate-puts-petisovci-lovaszi-tight-gas-at-412bcf-22003.html
Ascent Resources managing director buys shares at 9.5% premium https://www.proactiveinvestors.co.uk/companies/news/18069/ascent-resources-managing-director-buys-shares-at-95-premium-21630.html Fri, 01 Oct 2010 07:35:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/18069/ascent-resources-managing-director-buys-shares-at-95-premium-21630.html Ascent Resources reports maiden interim profit https://www.proactiveinvestors.co.uk/companies/news/18029/ascent-resources-reports-maiden-interim-profit-21586.html Thu, 30 Sep 2010 08:05:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/18029/ascent-resources-reports-maiden-interim-profit-21586.html Ascent receives €3m after completing disposal of Swiss gas assets https://www.proactiveinvestors.co.uk/companies/news/17987/ascent-receives-3m-after-completing-disposal-of-swiss-gas-assets-21540.html Wed, 29 Sep 2010 08:43:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/17987/ascent-receives-3m-after-completing-disposal-of-swiss-gas-assets-21540.html Ascent to take stake in Central Hungary oil project, shares rise https://www.proactiveinvestors.co.uk/companies/news/17780/ascent-to-take-stake-in-central-hungary-oil-project-shares-rise-21307.html Thu, 23 Sep 2010 07:20:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/17780/ascent-to-take-stake-in-central-hungary-oil-project-shares-rise-21307.html Ascent Resources strengthens board with ex-CEO of Alkane Energy https://www.proactiveinvestors.co.uk/companies/news/17495/ascent-resources-strengthens-board-with-ex-ceo-of-alkane-energy-20980.html Tue, 14 Sep 2010 07:15:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/17495/ascent-resources-strengthens-board-with-ex-ceo-of-alkane-energy-20980.html Ascent Resources ups interest in North Sea oil project to 54% https://www.proactiveinvestors.co.uk/companies/news/15612/ascent-resources-ups-interest-in-north-sea-oil-project-to-54-18872.html Thu, 15 Jul 2010 08:31:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/15612/ascent-resources-ups-interest-in-north-sea-oil-project-to-54-18872.html Astaire Securities says Ascent's balance sheet is in excellent shape with lots of headroom https://www.proactiveinvestors.co.uk/companies/news/15462/astaire-securities-says-ascents-balance-sheet-is-in-excellent-shape-with-lots-of-headroom-18704.html Mon, 12 Jul 2010 10:24:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/15462/astaire-securities-says-ascents-balance-sheet-is-in-excellent-shape-with-lots-of-headroom-18704.html Ascent Resources ups Petisovci project interest https://www.proactiveinvestors.co.uk/companies/news/15122/ascent-resources-ups-petisovci-project-interest--18320.html Thu, 01 Jul 2010 08:43:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/15122/ascent-resources-ups-petisovci-project-interest--18320.html Ascent Resources successfully acidizes PEN-101A to supplement PEN-105 production https://www.proactiveinvestors.co.uk/companies/news/14270/ascent-resources-successfully-acidizes-pen-101a-to-supplement-pen-105-production-17353.html Mon, 07 Jun 2010 14:27:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/14270/ascent-resources-successfully-acidizes-pen-101a-to-supplement-pen-105-production-17353.html Ascent Resources Investor Presentation 20th May 2010 https://www.proactiveinvestors.co.uk/companies/news/300568/ascent-resources-investor-presentation-20th-may-2010--416.html Wed, 19 May 2010 23:00:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/300568/ascent-resources-investor-presentation-20th-may-2010--416.html Ascent Resources Investor Presentation 20th May 2010 https://www.proactiveinvestors.co.uk/companies/news/300277/ascent-resources-investor-presentation-20th-may-2010--416.html Wed, 19 May 2010 23:00:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/300277/ascent-resources-investor-presentation-20th-may-2010--416.html Ascent says Slovenia and Hungary to remain focus in 2010, yr-end cash at £4.63 mln https://www.proactiveinvestors.co.uk/companies/news/13655/ascent-says-slovenia-and-hungary-to-remain-focus-in-2010-yr-end-cash-at-463-mln-16659.html Tue, 18 May 2010 07:51:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/13655/ascent-says-slovenia-and-hungary-to-remain-focus-in-2010-yr-end-cash-at-463-mln-16659.html Ascent Resources successfully completes PEN-101 sidetrack well https://www.proactiveinvestors.co.uk/companies/news/13475/ascent-resources-successfully-completes-pen-101-sidetrack-well--16435.html Tue, 11 May 2010 07:35:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/13475/ascent-resources-successfully-completes-pen-101-sidetrack-well--16435.html Ascent Resources retains 100% in Italian exploration permit after JV partner pulls out https://www.proactiveinvestors.co.uk/companies/news/13130/ascent-resources-retains-100-in-italian-exploration-permit-after-jv-partner-pulls-out-16040.html Wed, 28 Apr 2010 09:25:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/13130/ascent-resources-retains-100-in-italian-exploration-permit-after-jv-partner-pulls-out-16040.html Ascent Resources agrees Swiss assets sale https://www.proactiveinvestors.co.uk/companies/news/12948/ascent-resources-agrees-swiss-assets-sale--15834.html The deal will give Ascent €8 million in cash and farm-in rights relating to the disposed assets - thus the opportunity to still benefit from conventional discoveries.

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Thu, 22 Apr 2010 07:34:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/12948/ascent-resources-agrees-swiss-assets-sale--15834.html
Ascent Resources completes Fontana-1 appraisal well with encouraging results https://www.proactiveinvestors.co.uk/companies/news/12819/ascent-resources-completes-fontana-1-appraisal-well-with-encouraging-results-15687.html Mon, 19 Apr 2010 07:50:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/12819/ascent-resources-completes-fontana-1-appraisal-well-with-encouraging-results-15687.html Ascent Resources says drilling is underway on PEN-106 in Hungary https://www.proactiveinvestors.co.uk/companies/news/12343/ascent-resources-says-drilling-is-underway-on-pen-106-in-hungary-15133.html Thu, 01 Apr 2010 07:34:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/12343/ascent-resources-says-drilling-is-underway-on-pen-106-in-hungary-15133.html Ascent Resources’ 3D seismic in Slovenia exceeds expectations, maps 12 new targets with estimated 75bcf gas https://www.proactiveinvestors.co.uk/companies/news/12086/ascent-resources-3d-seismic-in-slovenia-exceeds-expectations-maps-12-new-targets-with-estimated-75bcf-gas-14848.html Thu, 25 Mar 2010 07:56:00 +0000 https://www.proactiveinvestors.co.uk/companies/news/12086/ascent-resources-3d-seismic-in-slovenia-exceeds-expectations-maps-12-new-targets-with-estimated-75bcf-gas-14848.html Ascent Resources starts production from PEN-105 https://www.proactiveinvestors.co.uk/companies/news/12020/ascent-resources-starts-production-from-pen-105-14774.html Tue, 23 Mar 2010 12:26:00 +0000 https://www.proactiveinvestors.co.uk/companies/news/12020/ascent-resources-starts-production-from-pen-105-14774.html Astaire Securities values Ascent Resources at 14p per share https://www.proactiveinvestors.co.uk/companies/news/11673/astaire-securities-values-ascent-resources-at-14p-per-share--14415.html Mon, 15 Mar 2010 11:08:00 +0000 https://www.proactiveinvestors.co.uk/companies/news/11673/astaire-securities-values-ascent-resources-at-14p-per-share--14415.html Ascent Resources to commence production to sales from PEN-101 after successful tests https://www.proactiveinvestors.co.uk/companies/news/11556/ascent-resources-to-commence-production-to-sales-from-pen-101-after-successful-tests-14243.html Wed, 10 Mar 2010 09:09:00 +0000 https://www.proactiveinvestors.co.uk/companies/news/11556/ascent-resources-to-commence-production-to-sales-from-pen-101-after-successful-tests-14243.html Ascent Resources sells Perazzoli Drilling stake for €1.85 mln to free more funds for its own projects https://www.proactiveinvestors.co.uk/companies/news/10945/ascent-resources-sells-perazzoli-drilling-stake-for-185-mln-to-free-more-funds-for-its-own-projects-13560.html Mon, 22 Feb 2010 07:48:00 +0000 https://www.proactiveinvestors.co.uk/companies/news/10945/ascent-resources-sells-perazzoli-drilling-stake-for-185-mln-to-free-more-funds-for-its-own-projects-13560.html Ascent Resources starts PEN-101 drilling at Peneszlek gas project https://www.proactiveinvestors.co.uk/companies/news/10555/-ascent-resources-starts-pen-101-drilling-at-peneszlek-gas-project-13117.html Tue, 09 Feb 2010 12:08:00 +0000 https://www.proactiveinvestors.co.uk/companies/news/10555/-ascent-resources-starts-pen-101-drilling-at-peneszlek-gas-project-13117.html Ascent Resources says Fontana-1 re-drilling imminent, PEN-105 pipeline nears completion https://www.proactiveinvestors.co.uk/companies/news/10331/ascent-resources-says-fontana-1-re-drilling-imminent-pen-105-pipeline-nears-completion-12859.html Tue, 02 Feb 2010 08:24:00 +0000 https://www.proactiveinvestors.co.uk/companies/news/10331/ascent-resources-says-fontana-1-re-drilling-imminent-pen-105-pipeline-nears-completion-12859.html Jeremy Eng of Ascent Resources talks about spudding, drilling and production in Hungary, Italy and Slovenia https://www.proactiveinvestors.co.uk/companies/news/9432/jeremy-eng-of-ascent-resources-talks-about-spudding-drilling-and-production-in-hungary-italy-and-slovenia-11821.html Tue, 05 Jan 2010 09:38:00 +0000 https://www.proactiveinvestors.co.uk/companies/news/9432/jeremy-eng-of-ascent-resources-talks-about-spudding-drilling-and-production-in-hungary-italy-and-slovenia-11821.html Jeremy Eng, MD of Ascent Resources, talks to Proactiveinvestors https://www.proactiveinvestors.co.uk/companies/news/300509/jeremy-eng-md-of-ascent-resources-talks-to-proactiveinvestors-337.html Mon, 04 Jan 2010 23:00:00 +0000 https://www.proactiveinvestors.co.uk/companies/news/300509/jeremy-eng-md-of-ascent-resources-talks-to-proactiveinvestors-337.html Jeremy Eng, MD of Ascent Resources, talks to Proactiveinvestors https://www.proactiveinvestors.co.uk/companies/news/300218/jeremy-eng-md-of-ascent-resources-talks-to-proactiveinvestors-337.html Mon, 04 Jan 2010 23:00:00 +0000 https://www.proactiveinvestors.co.uk/companies/news/300218/jeremy-eng-md-of-ascent-resources-talks-to-proactiveinvestors-337.html Ascent Resources to re-drill Fontana-1 oil well at Latina Valley https://www.proactiveinvestors.co.uk/companies/news/9239/ascent-resources-to-re-drill-fontana-1-oil-well-at-latina-valley-11608.html Tue, 22 Dec 2009 07:31:00 +0000 https://www.proactiveinvestors.co.uk/companies/news/9239/ascent-resources-to-re-drill-fontana-1-oil-well-at-latina-valley-11608.html Ascent Resources seeks shareholder approval for £6 million placing for drilling at Petisovci oilfield in Slovenia https://www.proactiveinvestors.co.uk/companies/news/7371/ascent-resources-seeks-shareholder-approval-for-6-million-placing-for-drilling-at-petisovci-oilfield-in-slovenia--11321.html Mon, 14 Dec 2009 10:22:00 +0000 https://www.proactiveinvestors.co.uk/companies/news/7371/ascent-resources-seeks-shareholder-approval-for-6-million-placing-for-drilling-at-petisovci-oilfield-in-slovenia--11321.html Ascent Resources terminates San Severina tie-up https://www.proactiveinvestors.co.uk/companies/news/8840/ascent-resources-terminates-san-severina-tie-up--11121.html Tue, 08 Dec 2009 10:33:00 +0000 https://www.proactiveinvestors.co.uk/companies/news/8840/ascent-resources-terminates-san-severina-tie-up--11121.html Ascent secures drilling permits for two wells at Peneszlek, PEN-105 flows at 2.75 mmcf/d https://www.proactiveinvestors.co.uk/companies/news/8732/ascent-secures-drilling-permits-for-two-wells-at-peneszlek-pen-105-flows-at-275-mmcfd-10983.html Fri, 04 Dec 2009 09:59:00 +0000 https://www.proactiveinvestors.co.uk/companies/news/8732/ascent-secures-drilling-permits-for-two-wells-at-peneszlek-pen-105-flows-at-275-mmcfd-10983.html Ascent Resources raises £5 million for oil and gas projects in Eastern Europe https://www.proactiveinvestors.co.uk/companies/news/8446/ascent-resources-raises-5-million-for-oil-and-gas-projects-in-eastern-europe-10656.html Fri, 27 Nov 2009 08:10:00 +0000 https://www.proactiveinvestors.co.uk/companies/news/8446/ascent-resources-raises-5-million-for-oil-and-gas-projects-in-eastern-europe-10656.html FD Capital raises Ascent Resources price target to 20p from 11p, maintains ‘buy’ rating https://www.proactiveinvestors.co.uk/companies/news/7820/fd-capital-raises-ascent-resources-price-target-to-20p-from-11p-maintains-buy-rating-9943.html Fri, 06 Nov 2009 10:38:00 +0000 https://www.proactiveinvestors.co.uk/companies/news/7820/fd-capital-raises-ascent-resources-price-target-to-20p-from-11p-maintains-buy-rating-9943.html Ascent Resources PEN-104 well test results suggest significant gas find https://www.proactiveinvestors.co.uk/companies/news/7605/ascent-resources-pen-104-well-test-results-suggest-significant-gas-find-9701.html Mon, 02 Nov 2009 07:45:00 +0000 https://www.proactiveinvestors.co.uk/companies/news/7605/ascent-resources-pen-104-well-test-results-suggest-significant-gas-find-9701.html Ascent Resources commences drilling of Fontana-1 appraisal well in Frosinone https://www.proactiveinvestors.co.uk/companies/news/7477/ascent-resources-commences-drilling-of-fontana-1-appraisal-well-in-frosinone-9555.html Wed, 28 Oct 2009 07:57:00 +0000 https://www.proactiveinvestors.co.uk/companies/news/7477/ascent-resources-commences-drilling-of-fontana-1-appraisal-well-in-frosinone-9555.html Ascent Resources doubles debt facility, draws funds for European assets https://www.proactiveinvestors.co.uk/companies/news/6989/ascent-resources-doubles-debt-facility-draws-funds-for-european-assets-9022.html Mon, 12 Oct 2009 05:39:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/6989/ascent-resources-doubles-debt-facility-draws-funds-for-european-assets-9022.html Ascent Resources, Leni Gas & Oil unit starts PEN-104AA sidetrack in Hungary https://www.proactiveinvestors.co.uk/companies/news/6560/ascent-resources-leni-gas-oil-unit-starts-pen-104aa-sidetrack-in-hungary-8549.html Mon, 28 Sep 2009 09:05:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/6560/ascent-resources-leni-gas-oil-unit-starts-pen-104aa-sidetrack-in-hungary-8549.html FD Capital says ‘encouraged’ by string of successes from Ascent Resources https://www.proactiveinvestors.co.uk/companies/news/6314/fd-capital-says-encouraged-by-string-of-successes-from-ascent-resources-8288.html Fri, 18 Sep 2009 09:58:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/6314/fd-capital-says-encouraged-by-string-of-successes-from-ascent-resources-8288.html Ascent says GH-1 well in Hungary’s Nyírség permit tested successfully https://www.proactiveinvestors.co.uk/companies/news/6285/ascent-says-gh-1-well-in-hungarys-nyrsg-permit-tested-successfully--8257.html Thu, 17 Sep 2009 11:32:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/6285/ascent-says-gh-1-well-in-hungarys-nyrsg-permit-tested-successfully--8257.html Ascent Resources jumps 30% as testing at PEN-105 well shows higher than expected gas rates, Leni Gas & Oil gains https://www.proactiveinvestors.co.uk/companies/news/6166/ascent-resources-jumps-30-as-testing-at-pen-105-well-shows-higher-than-expected-gas-rates-leni-gas-oil-gains--8132.html Tue, 15 Sep 2009 07:58:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/6166/ascent-resources-jumps-30-as-testing-at-pen-105-well-shows-higher-than-expected-gas-rates-leni-gas-oil-gains--8132.html Ascent Resources narrows first half loss, busy period ahead https://www.proactiveinvestors.co.uk/companies/news/5998/ascent-resources-narrows-first-half-loss-busy-period-ahead-7940.html Wed, 09 Sep 2009 08:51:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/5998/ascent-resources-narrows-first-half-loss-busy-period-ahead-7940.html Ascent Resources grants Swiss exploration option to Schuepbach Energy of US https://www.proactiveinvestors.co.uk/companies/news/5808/ascent-resources-grants-swiss-exploration-option-to-schuepbach-energy-of-us-7727.html Wed, 02 Sep 2009 07:55:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/5808/ascent-resources-grants-swiss-exploration-option-to-schuepbach-energy-of-us-7727.html Ascent Resources reports positive results from GH-1 well, shares jump https://www.proactiveinvestors.co.uk/companies/news/5746/ascent-resources-reports-positive-results-from-gh-1-well-shares-jump-7654.html Fri, 28 Aug 2009 07:42:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/5746/ascent-resources-reports-positive-results-from-gh-1-well-shares-jump-7654.html Ascent Resources says drilling starts of Görbeháza-1 well in Hungary https://www.proactiveinvestors.co.uk/companies/news/5517/ascent-resources-says-drilling-starts-of-grbehza-1-well-in-hungary-7379.html Tue, 18 Aug 2009 07:38:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/5517/ascent-resources-says-drilling-starts-of-grbehza-1-well-in-hungary-7379.html Ascent Resources says private investor Paul Curtis holds 3.84 pct stake https://www.proactiveinvestors.co.uk/companies/news/5431/ascent-resources-says-private-investor-paul-curtis-holds-384-pct-stake-7281.html Thu, 13 Aug 2009 15:08:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/5431/ascent-resources-says-private-investor-paul-curtis-holds-384-pct-stake-7281.html Ascent Resources to start drilling development well at Peneszlek within a week https://www.proactiveinvestors.co.uk/companies/news/5314/ascent-resources-to-start-drilling-development-well-at-peneszlek-within-a-week-7146.html Mon, 10 Aug 2009 08:29:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/5314/ascent-resources-to-start-drilling-development-well-at-peneszlek-within-a-week-7146.html Ascent Resources updates on planned activities for remainder of 2009 https://www.proactiveinvestors.co.uk/companies/news/5008/ascent-resources-updates-on-planned-activities-for-remainder-of-2009-6789.html
Ascent Resources PLC (AIM: AST) updated the market on activities planned for the remainder of 2009 in a statement ahead of its AGM.

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Thu, 23 Jul 2009 10:40:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/5008/ascent-resources-updates-on-planned-activities-for-remainder-of-2009-6789.html
Ascent Resources One2One Investor Presentation 16 July 2009 https://www.proactiveinvestors.co.uk/companies/news/300453/ascent-resources-one2one-investor-presentation-16-july-2009-252.html Wed, 15 Jul 2009 23:00:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/300453/ascent-resources-one2one-investor-presentation-16-july-2009-252.html Ascent Resources One2One Investor Presentation 16 July 2009 https://www.proactiveinvestors.co.uk/companies/news/300162/ascent-resources-one2one-investor-presentation-16-july-2009-252.html Wed, 15 Jul 2009 23:00:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/300162/ascent-resources-one2one-investor-presentation-16-july-2009-252.html Ascent joins up with Hungary’s MOL for Lovaszi and Ujfalyu fields https://www.proactiveinvestors.co.uk/companies/news/4765/ascent-joins-up-with-hungarys-mol-for-lovaszi-and-ujfalyu-fields-6496.html Mon, 06 Jul 2009 12:16:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/4765/ascent-joins-up-with-hungarys-mol-for-lovaszi-and-ujfalyu-fields-6496.html Ascent Resources legal director Groom buys 400,000 more shares in company https://www.proactiveinvestors.co.uk/companies/news/4631/ascent-resources-legal-director-groom-buys-400000-more-shares-in-company-6335.html Thu, 25 Jun 2009 14:58:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/4631/ascent-resources-legal-director-groom-buys-400000-more-shares-in-company-6335.html Ascent Resources plans to drill at least 9 wells in near future https://www.proactiveinvestors.co.uk/companies/news/4456/ascent-resources-plans-to-drill-at-least-9-wells-in-near-future-6127.html Fri, 12 Jun 2009 12:58:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/4456/ascent-resources-plans-to-drill-at-least-9-wells-in-near-future-6127.html Ascent Resources secures funding for portfolio development following issue of equity to GEM https://www.proactiveinvestors.co.uk/companies/news/4365/ascent-resources-secures-funding-for-portfolio-development-following-issue-of-equity-to-gem-6014.html Mon, 08 Jun 2009 09:05:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/4365/ascent-resources-secures-funding-for-portfolio-development-following-issue-of-equity-to-gem-6014.html Ascent Resources to receive 4% interest in Nighthawk Energy’s Jolly Ranch Project https://www.proactiveinvestors.co.uk/companies/news/4247/ascent-resources-to-receive-4-interest-in-nighthawk-energys-jolly-ranch-project-5881.html Mon, 01 Jun 2009 08:18:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/4247/ascent-resources-to-receive-4-interest-in-nighthawk-energys-jolly-ranch-project-5881.html Ascent Resources farms out half its holding in Slovenian exploration project to Aspect https://www.proactiveinvestors.co.uk/companies/news/4139/ascent-resources-farms-out-half-its-holding-in-slovenian-exploration-project-to-aspect--5750.html Thu, 21 May 2009 08:27:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/4139/ascent-resources-farms-out-half-its-holding-in-slovenian-exploration-project-to-aspect--5750.html Ascent Resources starts drilling Gazzata-1 well in Italy https://www.proactiveinvestors.co.uk/companies/news/4126/ascent-resources-starts-drilling-gazzata-1-well-in-italy-5733.html Wed, 20 May 2009 08:02:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/4126/ascent-resources-starts-drilling-gazzata-1-well-in-italy-5733.html Ascent Resources secures £5 mln equity financing from GM Global https://www.proactiveinvestors.co.uk/companies/news/4061/ascent-resources-secures-5-mln-equity-financing-from-gm-global-5654.html Thu, 14 May 2009 12:50:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/4061/ascent-resources-secures-5-mln-equity-financing-from-gm-global-5654.html Ascent Resources on track to start Gazzata-1 drilling in Italy mid-May https://www.proactiveinvestors.co.uk/companies/news/3775/ascent-resources-on-track-to-start-gazzata-1-drilling-in-italy-mid-may-5315.html Thu, 23 Apr 2009 07:27:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/3775/ascent-resources-on-track-to-start-gazzata-1-drilling-in-italy-mid-may-5315.html Ascent expects production within days from new gas well in Nyírség permit, Hungary https://www.proactiveinvestors.co.uk/companies/news/3725/ascent-expects-production-within-days-from-new-gas-well-in-nyrsg-permit-hungary-5259.html Mon, 20 Apr 2009 07:35:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/3725/ascent-expects-production-within-days-from-new-gas-well-in-nyrsg-permit-hungary-5259.html Ascent Resources begins sidetrack of Hungarian gas well in Penészlek project https://www.proactiveinvestors.co.uk/companies/news/3535/ascent-resources-begins-sidetrack-of-hungarian-gas-well-in-penszlek-project--4991.html Mon, 30 Mar 2009 08:12:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/3535/ascent-resources-begins-sidetrack-of-hungarian-gas-well-in-penszlek-project--4991.html Ascent Resources gears up for busy drill program https://www.proactiveinvestors.co.uk/companies/news/3474/ascent-resources-gears-up-for-busy-drill-program-4914.html Tue, 24 Mar 2009 08:11:00 +0000 https://www.proactiveinvestors.co.uk/companies/news/3474/ascent-resources-gears-up-for-busy-drill-program-4914.html FD Capital starts coverage of Ascent Resources with a ‘buy’ rating https://www.proactiveinvestors.co.uk/companies/news/3282/fd-capital-starts-coverage-of-ascent-resources-with-a-buy-rating--4686.html Fri, 06 Mar 2009 13:27:00 +0000 https://www.proactiveinvestors.co.uk/companies/news/3282/fd-capital-starts-coverage-of-ascent-resources-with-a-buy-rating--4686.html Ascent Resources to sidetrack PEN-104 gas production well after compressure failure https://www.proactiveinvestors.co.uk/companies/news/2811/ascent-resources-to-sidetrack-pen-104-gas-production-well-after-compressure-failure-4105.html Wed, 21 Jan 2009 11:45:00 +0000 https://www.proactiveinvestors.co.uk/companies/news/2811/ascent-resources-to-sidetrack-pen-104-gas-production-well-after-compressure-failure-4105.html Ascent Resources MD snaps up 1.8 million shares at 2.75 pence https://www.proactiveinvestors.co.uk/companies/news/2690/ascent-resources-md-snaps-up-18-million-shares-at-275-pence-3955.html Thu, 08 Jan 2009 11:45:00 +0000 https://www.proactiveinvestors.co.uk/companies/news/2690/ascent-resources-md-snaps-up-18-million-shares-at-275-pence-3955.html Ascent Resources farms down Nyírség Szatmár permit to JKX Oil & Gas https://www.proactiveinvestors.co.uk/companies/news/2380/ascent-resources-farms-down-nyrsg-szatmr-permit-to-jkx-oil-gas-3562.html Tue, 25 Nov 2008 09:48:00 +0000 https://www.proactiveinvestors.co.uk/companies/news/2380/ascent-resources-farms-down-nyrsg-szatmr-permit-to-jkx-oil-gas-3562.html Jeremy Eng, Managing Director of Ascent Resources Speaks to Proactive Investors https://www.proactiveinvestors.co.uk/companies/news/2266/jeremy-eng-managing-director-of-ascent-resources-speaks-to-proactive-investors--3403.html Tue, 11 Nov 2008 08:36:00 +0000 https://www.proactiveinvestors.co.uk/companies/news/2266/jeremy-eng-managing-director-of-ascent-resources-speaks-to-proactive-investors--3403.html Ascent Resources audio interview https://www.proactiveinvestors.co.uk/companies/news/2225/ascent-resources-audio-interview-3349.html Mon, 03 Nov 2008 10:50:00 +0000 https://www.proactiveinvestors.co.uk/companies/news/2225/ascent-resources-audio-interview-3349.html Ascent Resources talks to Proactiveinvestors https://www.proactiveinvestors.co.uk/companies/news/300374/ascent-resources-talks-to-proactiveinvestors-158.html Sun, 02 Nov 2008 23:00:00 +0000 https://www.proactiveinvestors.co.uk/companies/news/300374/ascent-resources-talks-to-proactiveinvestors-158.html Ascent Resources talks to Proactiveinvestors https://www.proactiveinvestors.co.uk/companies/news/300083/ascent-resources-talks-to-proactiveinvestors-158.html Sun, 02 Nov 2008 23:00:00 +0000 https://www.proactiveinvestors.co.uk/companies/news/300083/ascent-resources-talks-to-proactiveinvestors-158.html Ascent Resources starts 3D seismic survey in Hungary https://www.proactiveinvestors.co.uk/companies/news/2165/ascent-resources-starts-3d-seismic-survey-in-hungary-3270.html Thu, 23 Oct 2008 11:43:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/2165/ascent-resources-starts-3d-seismic-survey-in-hungary-3270.html Ascent Resources signs oil and gas services agreement with Swiss Investment Fund https://www.proactiveinvestors.co.uk/companies/news/2114/ascent-resources-signs-oil-and-gas-services-agreement-with-swiss-investment-fund-3204.html Thu, 16 Oct 2008 08:45:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/2114/ascent-resources-signs-oil-and-gas-services-agreement-with-swiss-investment-fund-3204.html Ascent Resources keeps focus on exploration and development https://www.proactiveinvestors.co.uk/companies/news/2018/ascent-resources-keeps-focus-on-exploration-and-development-3076.html Tue, 30 Sep 2008 10:30:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/2018/ascent-resources-keeps-focus-on-exploration-and-development-3076.html Ascent Resources confirms plan to drill second appraisal well at Anagni https://www.proactiveinvestors.co.uk/companies/news/309/ascent-resources-confirms-plan-to-drill-second-appraisal-well-at-anagni-2919.html Tue, 09 Sep 2008 06:21:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/309/ascent-resources-confirms-plan-to-drill-second-appraisal-well-at-anagni-2919.html Paul Curtis increases stake in Ascent Resources https://www.proactiveinvestors.co.uk/companies/news/399/paul-curtis-increases-stake-in-ascent-resources-2904.html Thu, 04 Sep 2008 11:41:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/399/paul-curtis-increases-stake-in-ascent-resources-2904.html Ascent Resources - 20 projects for £15 million https://www.proactiveinvestors.co.uk/companies/news/384/ascent-resources-20-projects-for-15-million-2822.html Wed, 13 Aug 2008 07:18:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/384/ascent-resources-20-projects-for-15-million-2822.html Ascent Resources announces first gas production in Hungary https://www.proactiveinvestors.co.uk/companies/news/378/ascent-resources-announces-first-gas-production-in-hungary--2815.html Tue, 12 Aug 2008 10:58:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/378/ascent-resources-announces-first-gas-production-in-hungary--2815.html Ascent Resources updates on activities across its portfolio https://www.proactiveinvestors.co.uk/companies/news/1918/ascent-resources-updates-on-activities-across-its-portfolio-2778.html
Starting in Hungary, where Ascent is building a gas production profile, the company confirmed that sales from the PEN-104 on the Preneszlek Field well was nearing, with final parts of the production facility anticipated to be delivered and installed shortly. 3-D seismic acquisition of the "immediate" area is also planned to evaluate new targets and test the potential of partially depleted wells, including PEN-9, PEN0-12 and the Preneszlek Field. Re-entry and workover of old wells and the drilling of new horizontal wells is also earmarked for the Baicsa Gasfield, where Ascent has a 38.7% interest. Also in Hungary, Ascent confirmed it was looking to farm out or farm down its interests in the Szolnok Project and Nyirseg Project.

Moving on to Slovenia, a new 3-D seismic survey is penned in for the Petisovci Shallow Reservoirs, where Ascent has a 45% interest. Some of the old wells will also be worked over to restart production. The Petisovci Shallow Reservoirs has 2P oil reserves of 10.7 million barrels. Moving on to the Petisovci Globoki Deep Reservoirs (Ascent 15.75% interest), additional 3-D seismic is also on the cards, in addition to further testing of the D-14 well. Drilling at the East Slovenian Exploration Permit (Ascent - 80% interest) is expected in 2009, once a regional exploration study and seismic is completed.
In Switzerland, the most significant milestone came from the Seeland Exploration and Appraisal Permit (Ascent 90%), where seismic reprocessing and geological modelling has been completed, and the Hermrigen-2 appraisal well is now scheduled for 2009.

Ascent's other area of operations are in Italy, and here the company confirmed that the Gazzata-1 well on the Cento-Bastiglia Permits in the Po Valley was expected to spud in the second half of this year. A 2-D seismic acquisition near the Anagni-1 well on the Frosinone Permit is also complete, and is expected to help confirm the location of a second appraisal well. Seismic is also complete on the Ripi Oilfield, in the Strangolagalli Permit while an application has been submitted to extend the company's exploration permit on the Fiume Arrone Permit.

Last but not least, Ascent's 22.5% interest in Perazzoli Drilling appeared to be a sound investment, with a third drilling rig being delivered in the next few weeks.

On the finances front, the oil and gas explorer and producer said it was continually looking at ways to generate cash from farm-out opportunities, and that it had increased a debt facility from €0.5 million to €1.5 million.

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Tue, 22 Jul 2008 05:31:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/1918/ascent-resources-updates-on-activities-across-its-portfolio-2778.html
Ascent's new projects in Slovenia and Switzerland https://www.proactiveinvestors.co.uk/companies/news/1896/ascents-new-projects-in-slovenia-and-switzerland-2740.html
Jeremy Eng, Ascent’s MD said:

“As Ascent's primary focus is Central and Eastern Europe, particularly Switzerland, Italy, Slovenia and Hungary, we are currently consolidating and strengthening our presence in these regions. With production in Hungary due to commence and the new Perazzoli rig on line to drill its first (on a third party project) in Italy both in the coming weeks, our operational presence across this region will be further enhanced.”
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Wed, 16 Jul 2008 07:35:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/1896/ascents-new-projects-in-slovenia-and-switzerland-2740.html
Ascent Resources begins 2D seismic in Italy https://www.proactiveinvestors.co.uk/companies/news/1801/ascent-resources-begins-2d-seismic-in-italy-2622.html

Ascent Managing Director Jeremy Eng said:

"The Anagni-1 results underpin the hydrocarbon potential of the region and represent the first stage of exploration for a new reservoir system in the Frosinone permit area. Seismic recorded at the time of drilling indicate that the well was drilled in a less than optimal subsurface location on the flank of the Anagni structure. However, traces of live oil were recovered both in core samples and during testing, which have provided enough encouragement for further exploration and evaluation of the permit's potential and hence the commencement of this seismic survey."

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Mon, 16 Jun 2008 07:11:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/1801/ascent-resources-begins-2d-seismic-in-italy-2622.html
Ascent Resources says Paul Curtis holds 3.7 percent https://www.proactiveinvestors.co.uk/companies/news/1772/ascent-resources-says-paul-curtis-holds-37-percent-2584.html Fri, 06 Jun 2008 09:56:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/1772/ascent-resources-says-paul-curtis-holds-37-percent-2584.html Ascent slips after plugging TIK-1 well https://www.proactiveinvestors.co.uk/companies/news/1615/ascent-slips-after-plugging-tik-1-well-2378.html
"The TIK-1 well was drilled to a depth of 2,003m and penetrated 40m of reservoir quality gas saturated sands between 1,918m and 1,967m. Logging and the analysis of wireline samples confirmed the presence of a high percentage of CO2 in the lower Pannonian formations." the Company said.

Ascent Managing Director Jeremy Eng said:

"This is a disappointing result as the gas reservoir discovered by the TIK-1 well was substantially larger than pre-drill estimates. The location of the second well in this programme, the Nko-Ny-1 in the northern part of the Szolnok permit, is away from the deep fault system that is thought to contribute to CO2 migration."



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Fri, 25 Apr 2008 03:04:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/1615/ascent-slips-after-plugging-tik-1-well-2378.html
Ascent divests partial interest in two gas projects https://www.proactiveinvestors.co.uk/companies/news/1561/ascent-divests-partial-interest-in-two-gas-projects-2308.html
Ascent will sell at 7.27% interest in PetroHungaria kft and a 14.54% interest in ZalaGasCo kft for a total consideration of €2 million to fellow AIM oil and gas junior, Leni Gas and Oil (AIM: LGO). Post completion, Ascent will still retain a 45.23% interest in the Peneszlek project and a 38.73% interest in the Bajcsa project.

The Peneszlek gas development project is working towards the tie-in of the PEN-9, PEN-4 and PEN 12 wells. There is also an additional 100 square kilometres of 3-D seismic in the budget.

The Bajcsa gasfield redevelopment project joint venture is anticipating the first two well re-completions to commence as soon as the drilling permits are issued.

Seperately, Ascent also announced that it had modified a previous agreement with Leni Oil & Gas with regards to the farm-in to the Hermrigen gas appraisal project in Switzerland. Leni Oil & Gas now have the option to take a 10% participating interest in Hermrigen and the Seeland Freinisberg Exploration Permit with a extra payment of €2 million.

Jeremy Eng, MD of Ascent, said:

"We are pleased to welcome Leni Gas and Oil as a partner in our Hungarian development projects. We aim rapidly to develop our activities in Hungary and secure cash flow from the production and sale of gas to the local market."


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Mon, 14 Apr 2008 09:15:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/1561/ascent-divests-partial-interest-in-two-gas-projects-2308.html
Ascent spuds TIK-1 well in Hungary https://www.proactiveinvestors.co.uk/companies/news/1538/ascent-spuds-tik-1-well-in-hungary-2277.html
The TIK-1 well was spudded on Sunday, with drilling expected to last around five weeks. Target depth is 2,250m, and the well will be testing the Pannonion, Miocene and pre-Miocene formations.

Ascent also confirmed that a 3-D seismic acquisition program over 150 square kilometres had begun. The seismic will be targeting six prospects identified previously with 2-D seismic, and it is also expected to identify additional targets.


Jeremy Eng, MD of Ascent said:

'These works, along with the on-going preparations for the start-up of production at Ascent's PEN-104 gas discovery in eastern Hungary, demonstrates the benefits of a portfolio approach which has the ability to create value through the simultaneous implementation of both exploration and development programmes.'

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Mon, 07 Apr 2008 09:54:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/1538/ascent-spuds-tik-1-well-in-hungary-2277.html
Ascent Resources – Artemis increases stake https://www.proactiveinvestors.co.uk/companies/news/1432/ascent-resources-artemis-increases-stake-2151.html ]]> Tue, 04 Mar 2008 02:15:00 +0000 https://www.proactiveinvestors.co.uk/companies/news/1432/ascent-resources-artemis-increases-stake-2151.html Ascent Resources responds to Swiss press https://www.proactiveinvestors.co.uk/companies/news/1303/ascent-resources-responds-to-swiss-press--1974.html
Ascent has completed all preparatory studies in the area, including geological and geophysical analysis, and said it now wanted to drill the Hermrigen-2 well to a depth of 3,000 metres. Before Ascent can drill, it requires a construction permit and consent of the local council, and the Canton of Bern will have to issue a three year extension to the surface and sub-surface exploration permit. Ascent holds an 80% working interest in the permit and is operator.

Ascent MD, Jeremy Eng said,

"There have only been about 20 hydrocarbon exploration wells drilled on prospective acreage in Switzerland, making it the least explored country in Western Europe, with an average of about 1 well per 1,000 sq km. The Hermrigen-1 discovery well was drilled by Elf Aquitane 26 years ago, and the Hermrigen-2 Appraisal well will be the first well to be drilled in the area since the Finsterwald field was in production in the neighbouring Canton of Lucerne between 1985 and 1994. Through our Swiss partners, SEAG, we are working closely with the local community to ensure that everyone's interests are taken into account and that the gas development potential is fully realised."





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Mon, 04 Feb 2008 07:21:00 +0000 https://www.proactiveinvestors.co.uk/companies/news/1303/ascent-resources-responds-to-swiss-press--1974.html
Ascent Resources' Broad portfolio strategy brings benefits https://www.proactiveinvestors.co.uk/companies/news/88/ascent-resources-broad-portfolio-strategy-brings-benefits-0371.html While the market is disappointed about Anagni, notable progress has been made elsewhere including the farm-out ofthe Cento and Bastiglia exploration permits

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Tue, 08 Jan 2008 23:00:00 +0000 https://www.proactiveinvestors.co.uk/companies/news/88/ascent-resources-broad-portfolio-strategy-brings-benefits-0371.html
Ascent retreats on Agagni-1 well update https://www.proactiveinvestors.co.uk/companies/news/1205/ascent-retreats-on-agagni-1-well-update-1823.html
Preliminary results from the extended testing at Anagni-1 "are not encouraging with the absence of significant hydrocarbons". Despite the apparent bad news, Ascent's Managing Director Jeremy Eng said that testing would continue until a conclusive result was achieved, as it is possible that the large volumes of drilling fluid lost during the original exploration well may be affecting the results. Additional seismic on the well also discovered that the well was drilled at the flank of the structure, which is not optimal.


Ascent Managing Director Jeremy Eng said,

"Testing of the Anagni-1 well is not complete and lost drilling fluid may yet be masking the production of oil. The benefit of the very low cost of onshore testing operations which do not require the presence of a rig is a distinct advantage in this situation. The results of
this well are very important for hydrocarbon exploration in this region and represent the first stage of the exploration of a new reservoir system in the Frosinone exploration permit area."


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Tue, 08 Jan 2008 08:00:00 +0000 https://www.proactiveinvestors.co.uk/companies/news/1205/ascent-retreats-on-agagni-1-well-update-1823.html
Ascent Resources resumes testing at Anagni https://www.proactiveinvestors.co.uk/companies/news/1186/ascent-resources-resumes-testing-at-anagni-1789.html
Ascent Resources is focused predominately on onshore oil and gas exploration and production in continental Europe. Anagni-1 sits within the Frosinone Exploration Permit in the Latina Valley in Italy.]]>
Fri, 21 Dec 2007 11:22:00 +0000 https://www.proactiveinvestors.co.uk/companies/news/1186/ascent-resources-resumes-testing-at-anagni-1789.html
Ascent farms in with Toreador Resources https://www.proactiveinvestors.co.uk/companies/news/1174/ascent-farms-in-with-toreador-resources-1776.html
The farm-in will see Ascent participate in two exploration wells and acquire 170 square kilometres of 3-D seismic data over the Szolnok exploration permit in Central Hungary. The Szolnok permit covers 2,620 square kilometres, making it one of the biggest permits in the country, and lies on the northern end of the Mako trough which is home to many large commercial gas fields.

Ascent will be joint technical operator on the project, and will pay 36,67% of the cost of two exploration wells and 3-D seismic acquisition in return for a 27.5% interest.

Ascent MD Jeremy Eng commented:

"We see this agreement with Toreador as a great opportunity to benefit from our expertise in Hungary and to increase the value of our portfolio. Alongside the Bajsca field redevelopment in the south west and the Peneszlek development in the eastern Nyirseg region, the Toreador farm-in provides the platform for a third producing area to be established and with success, could open up yet another cashflow stream for
Ascent in 2009."
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Wed, 19 Dec 2007 08:59:00 +0000 https://www.proactiveinvestors.co.uk/companies/news/1174/ascent-farms-in-with-toreador-resources-1776.html
Ascent Resources secures farm-out in Po Valley https://www.proactiveinvestors.co.uk/companies/news/1132/ascent-resources-secures-farm-out-in-po-valley-1720.html
The agreement with Otto Energy, who join Deltana Energy as the second farm-in partner will jointly contribute towards the back costs of seismic data and will pay 100% of the first exploration well costs and 100% of the second exploration well cost if the first well finds commercial amounts of gas.

The first exploration well is scheduled to be drilled in the second half of 2008, targeting the Gazzata prospect which has a estimated recoverable reserve in excess of 100 billion cubic feet of gas.

The agreement is inline with Ascent's strategy of securing quality exploration acreage at an early stage and then progressively bringing in partners as the project advances. Italy's Po Valley is a prolific region for commercial gas discoveries.


Ascent Managing Director Jeremy Eng said, 'The latest phase of exploration in the Po Valley uses state-of-the art techniques in seismic processing, which still further improves the already impressive success rate in gas exploration in the region. The Cento and Bastiglia permits, which are among the largest in the area, have multiple exploration targets as well as established infrastructure
close to hand. This farm-out again confirms the strength of Ascent's strategy and demonstrates the depth of the Company's portfolio of European projects.'
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Thu, 06 Dec 2007 07:07:00 +0000 https://www.proactiveinvestors.co.uk/companies/news/1132/ascent-resources-secures-farm-out-in-po-valley-1720.html
Ascent to fast track Bajcsa Gasfield https://www.proactiveinvestors.co.uk/companies/news/1054/ascent-to-fast-track-bajcsa-gasfield-1618.html
While progress was solid in Hungary, Jeremy Eng, Managing Director of Ascent admitted that work on the Anagni-1 discovery in Italy has been "frustratingly slow". Ascent had received a new operating permit from the Italian authorities to complete a plug-back at the bottom of the open-hole section, something the company is keen to do so it can fully test the most prospective interval. 75% of the fluids lost during drilling had now been recovered and work had now been suspended until the arrival of a work over rig - expected on site in December.

Ascent additionally showed the leverage of its 22.5% interest in Perazzoli Drilling. A rig from Perazzoli will drill the Gazzata-1 well on the Cento and Bastiglia permits in the Po Valley.


Ascent Managing Director Jeremy Eng summarised, 'Good progress is being made by Ascent on a number of fronts. Although operations in Anagni-1 are frustratingly slow, the results to date are encouraging, especially the latest information from the cores which appears to show oil down to at least 1,205m and therefore may indicate a substantial oil column. If production can be initiated in our two
Hungarian projects and we drill both the Swiss and the Italian Po Valley wells, then 2008 is shaping up to be a very important year for Ascent.'




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Wed, 14 Nov 2007 10:57:00 +0000 https://www.proactiveinvestors.co.uk/companies/news/1054/ascent-to-fast-track-bajcsa-gasfield-1618.html
Ascent Resources rises on Leni Gas deal https://www.proactiveinvestors.co.uk/companies/news/1047/ascent-resources-rises-on-leni-gas-deal-1608.html
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Tue, 13 Nov 2007 08:52:00 +0000 https://www.proactiveinvestors.co.uk/companies/news/1047/ascent-resources-rises-on-leni-gas-deal-1608.html
Ascent divests Spain, farms out Switzerland https://www.proactiveinvestors.co.uk/companies/news/1000/ascent-divests-spain-farms-out-switzerland-1542.html
Ascent will sell its wholly owned subsidiary, Petrolifera de Sedano, to fellow AIM listed company Leni Gas and Oil (AIM: LGO) for €2.25 million and 8 million shares. The agreement is conditional on Leni Gas and Oil gaining approval from its shareholders as the deal constitutes a reverse takeover.

Ascent will still retain its 50% interest in the Rocamundo gas exploration permit.

Meanwhile in Switzerland, Ascent has also "conditionally" agreed to farm-out up to 40% of its 90% intest in the Seeland-Freinisberg Permit to LGO. LGO will have to fund the costs of drilling and testing the first exploration well. Any further expenditure on the licence wil be funded on a working interest basis. If LGO takes up the full 40% interest, it will have first right of refusal to farm-in to Ascent's other two Swiss Projects on the same terms.

"The divestment of Ascent's Spanish oil assets follows both the Company's strategy of preferentially developing its gas projects as well as its belief that these properties are non-core compared to the potential of the other opportunities in Ascent's portfolio. Importantly, it is expected that during 2008, revenues from gas production in Hungary will more than replace the oil sales revenues from the Spanish production." Commented Ascent Managing Director Jeremy Eng. "The Swiss farm out allows us to progress this project and build our confidence in what we believe has the potential to be a major central European gas play. Both of Ascent's exploration permits in Berne have proven gas discoveries and the third party report confirms substantial appraisal and exploration prospects. We look forward to working with LGO in an exploration programme to quantify the Prospective Resources estimates, which in only the first of three permits, stands at between 348 Bcf and 676 Bcf of gas.'
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Thu, 25 Oct 2007 03:07:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/1000/ascent-divests-spain-farms-out-switzerland-1542.html
Ascent Resources https://www.proactiveinvestors.co.uk/companies/news/300349/ascent-resources-106.html Tue, 25 Sep 2007 23:00:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/300349/ascent-resources-106.html Ascent Resources https://www.proactiveinvestors.co.uk/companies/news/300058/ascent-resources-106.html Tue, 25 Sep 2007 23:00:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/300058/ascent-resources-106.html Ascent Resources acquires a slice of a drilling contractor https://www.proactiveinvestors.co.uk/companies/news/894/ascent-resources-acquires-a-slice-of-a-drilling-contractor-1391.html
Perazzoli Srl is a privately owned Italian drilling contractor that operates in the oil, gas, and water industry and the acquisition will give Ascent priority access to rigs.

Perazzoli will acquire two rigs - a Corsair 300 drilling rig and a WEI DS-205 for delivery in mid 2008. The Corsair has a drilling capability of over 2,000m and has already been used by the company continuously in Spain and Italy over the past 8 months. The new build Italian WEI rig is a latest generation hydraulic rig, designed for minimum environmental impact, with a drilling capability of over 3,600m. Currently there is a shortage of drilling contractors across Europe.

Ascent's MD Jeremy Eng said:

"We have over 20 projects in our portfolio and the seven wells drilled to date have been on only four of these projects. These first wells were the easier shallow wells all less than 2,000m. The next wells are generally deeper and target more prospective and substantially larger targets. Market conditions, particularly in Italy at the present time, make taking a strategic interest in an Italian drilling company very advantageous to Ascent.”]]>
Wed, 05 Sep 2007 06:53:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/894/ascent-resources-acquires-a-slice-of-a-drilling-contractor-1391.html
Ascent Resources Arrone-1 disappoints & Anagni-1 shows promise https://www.proactiveinvestors.co.uk/companies/news/879/ascent-resources-arrone-1-disappoints-amp-anagni-1-shows-promise-1372.html
Production testing at Anagni-1 has been sustained at a rate of 200 barrels per day and confirms the excellent productivity of the formation. Offset seismic at Anagni-1 reveals significant potential up-dip.

Ascent's MD Jeremy Eng said:

The result of the Arrone well was a disappointment as during drilling all the indications were very good; there was just a lack of good quality reservoir sands. However, at Anagni, all the information that we have so far is encouraging. The results of the offset well seismic confirm that we drilled on the flank of the structure, which gives significant up-dip potential and the sustained 200 barrels per day production rate confirms the excellent productivity of the formation."]]>
Fri, 24 Aug 2007 08:53:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/879/ascent-resources-arrone-1-disappoints-amp-anagni-1-shows-promise-1372.html
Ascent Resources starts drilling at Arrone-1 in Italy https://www.proactiveinvestors.co.uk/companies/news/841/ascent-resources-starts-drilling-at-arrone-1-in-italy-1320.html
Ascent is the operator with a 56% working interest and plans to drill to a depth of 1,000m. This is expected to take approximately three weeks to complete. Two wells have previously been drilled in the area of the permit - one of which reported gas shows.

Jeremy Eng, Ascent Resources MD, Jeremy Eng: "As highlighted by our recent three announcements including the spudding of the Arrone-1 well, the farm-out in the Po Valley and the on-going test on the Anagni-1 well, Ascent has a diverse spread of projects and a continued high level of exploration drilling activity. Production testing of the Anagni-1 well continues and a further update will be provided by the Company in due course”]]>
Mon, 06 Aug 2007 03:18:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/841/ascent-resources-starts-drilling-at-arrone-1-in-italy-1320.html
Ascent Resources farms out two licences in Po Valley, Italy https://www.proactiveinvestors.co.uk/companies/news/831/ascent-resources-farms-out-two-licences-in-po-valley-italy-1305.html
Australian outfit Deltana Energy agreed to a 50% farm-in, and the joint venture will see them pay the cost of the first exploration well, and if successful, the cost of a second well. Deltana will also contribute to costs Ascent have accumulated to date on the licences, and will fund the first 1.5 million euros of additional seismic data.

Ascent stated that the first well will target a Pliocene prospect on the western edge of the permits. In the last 60 years over 130 fields have been put into production in the PO Valley, making it one of the most prolific hydrocarbon regions in continental Europe.


"The terms of this farm-in confirm our belief of the exceptional quality of the Cento and Bastiglia exploration acreage. New exploration techniques have improved the chance of success in gas exploration, which in the Po Valley is already better than 1 in 4 over the period since the 1950s." stated Ascent Resources Managing Director Jeremy Eng.

Shares in Ascent slipped 3% to 28.5 pence.


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Wed, 01 Aug 2007 00:32:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/831/ascent-resources-farms-out-two-licences-in-po-valley-italy-1305.html
Ascent Resources - Anagni-1 well production test planned https://www.proactiveinvestors.co.uk/companies/news/789/ascent-resources-anagni-1-well-production-test-planned--1247.html
The results of logging and core sampling are encouraging and the company now plans a production test over a 450 metre section of the potential reservoir.

Subject to the necessary approvals, the company plans to test the well with a downhole pump in the coming weeks. The pump will be used to recover mud and water lost while drilling. However, before the test can be started the drilling rig will me moved to the Fiume Arrone exploration permit where the company plans to drill the Arrone-1 gas exploration well.

Ascent's MD Jeremy Eng said:
"The results that we have from this well to date are promising and as we had anticipated, the geological provenance of this area is good. The nearest proven oil is 45km to the south east and everything between that and Anagni-1 is within the Frosinone Exploration Permit, which we believe has the possibility to contain a number of similar structures."
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Mon, 16 Jul 2007 06:29:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/789/ascent-resources-anagni-1-well-production-test-planned--1247.html
Ascent Resources - logging commenced at Anagni-1 oil discovery https://www.proactiveinvestors.co.uk/companies/news/786/ascent-resources-logging-commenced-at-anagni-1-oil-discovery-1243.html
The company said it intends to issue an update early next week, after a preliminary analysis of the logging activity.]]>
Thu, 12 Jul 2007 07:48:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/786/ascent-resources-logging-commenced-at-anagni-1-oil-discovery-1243.html
Ascent resumes operations on Anagni-1 oil discovery in Italy https://www.proactiveinvestors.co.uk/companies/news/749/ascent-resumes-operations-on-anagni-1-oil-discovery-in-italy-1196.html
The well was originally drilled to a depth of 971m, and data indicated the presence of a carbonate reservoir over 50m from 921m. Ascent, who has an 80% interest in the permit, will now deepen the well to allow for additional testing and a well seismic programme. It is hoped the well seismic will tell the company where to drill an additional appraisal well that is up-dip.


Ascent Resources Managing Director Jeremy Eng said, "From the analysis of the original well data, Pentex and Ascent are already planning the first two appraisal wells to evaluate the size and extent of the Anagni structure. The additional information from the deepened well and the testing operations will be important to this process and it will take at least several weeks to assimilate
all the results."


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Thu, 28 Jun 2007 07:30:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/749/ascent-resumes-operations-on-anagni-1-oil-discovery-in-italy-1196.html
Finding oil in Italy distracts investors from the bigger picture at Ascent Resources https://www.proactiveinvestors.co.uk/companies/news/158/finding-oil-in-italy-distracts-investors-from-the-bigger-picture-at-ascent-resources-0286.html As the company churns through the cycle of exploration, appraisal and production, new prospects have to be found to rebalance the company?s portfolio of projects. Recently, Ascent added acreage in Slovenia and now it has a 45% interest in the Petisovci-Dolina shallow oil fields.

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Wed, 06 Jun 2007 23:00:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/158/finding-oil-in-italy-distracts-investors-from-the-bigger-picture-at-ascent-resources-0286.html
Ascent Resources recommences drilling in Hungary https://www.proactiveinvestors.co.uk/companies/news/655/ascent-resources-recommences-drilling-in-hungary-1055.html
Partners in the well are DualEx(37.5%) and Petro Pequnia(2%). Under the farm-out agreement, DualEx will pay 75% and Petro Pequnia 4% of the costs of the first well.

The PEN-102 well is an appraisal well of a gas discovery made in 1983. After drilling PEN-102, Ascent said the rig will move to drill the VAM-1 well which will test exploration prospects in both the Miocene and Pannonian formations in the Vamospercs area.

'The Hungarian operations are an important part of our European gas orientated portfolio. The new wells have the potential to increase reserves as well as to produce gas in the short-term, thereby providing additional cashflow for the Company. These wells are the option wells under our farm-in agreement and PetroHungaria retains a 60.5% working interest." said Ascent's Managing Director Jeremy Eng. "Additionally, the tight gas redevelopment project in the south west of Hungary, in association with MOL, the Hungarian oil and gas company continues to progress. This project also has great potential and consolidates our Company's position in Hungary.'

In a separate press release this morning, Ascent announced that it had completed drilling the Hontomin-4 well in Spain. Analysis of the log data deemed the well un-commercial, and it will be plugged and abandoned. The rig will now return to Italy to continue the evaluation of the Anagni-1 oil discovery Ascent announced in January.


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Mon, 30 Apr 2007 07:06:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/655/ascent-resources-recommences-drilling-in-hungary-1055.html
Ascent raises £3.3 million to fast track Anagni-1 oil discovery in Italy https://www.proactiveinvestors.co.uk/companies/news/582/ascent-raises-33-million-to-fast-track-anagni-1-oil-discovery-in-italy-0959.html
Ascent also announced in a separate press release that drilling had commenced on the Hontonim-4 well, Huermeces licence, in Spain. The Hontomin-4 well is an up dip appraisal well of the Hontomin structure which had three wells drilled on it between 1965 and 1992 which confirmed the presence of oil. It is expected to take four weeks to drill, and once complete, the rig will be mobilized back to the Anagni-1 oil discovery in Italy.

“We have had a high level of success in the development of our portfolio during the last six months having made two discoveries from our on-going drilling campaign. The funds raised will, in the most part, be used to advance the Italian oil discovery made in the Latina Valley earlier this year and the Hungarian gas discovery made at the end of last year.” said Jeremy Eng, Managing Director.]]>
Mon, 19 Mar 2007 08:51:00 +0000 https://www.proactiveinvestors.co.uk/companies/news/582/ascent-raises-33-million-to-fast-track-anagni-1-oil-discovery-in-italy-0959.html
Ascent Resources acquires additional oil and gas prospects in Slovenia https://www.proactiveinvestors.co.uk/companies/news/511/ascent-resources-acquires-additional-oil-and-gas-prospects-in-slovenia-0855.html
Proven plus probable ('2P') oil reserves in the Petisovci Dolina reservoirs are estimated to be 10.7 million barrels. Gas in place in the deeper Petisovci Globoki is estimated to be 579 Bcf (P50).

MD Jeremy Eng said, 'This project has the potential to provide Ascent with substantial additional reserves. Development infrastructure
is already in place, and so remaining reserves could be developed at highly cost effective levels. Importantly the deferred payment substantially de-risks the project for the Company.'
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Mon, 26 Feb 2007 08:04:00 +0000 https://www.proactiveinvestors.co.uk/companies/news/511/ascent-resources-acquires-additional-oil-and-gas-prospects-in-slovenia-0855.html
Proactive Audio Interview Ascent Resources https://www.proactiveinvestors.co.uk/companies/news/300304/proactive-audio-interview-ascent-resources-50.html Mon, 29 Jan 2007 23:00:00 +0000 https://www.proactiveinvestors.co.uk/companies/news/300304/proactive-audio-interview-ascent-resources-50.html Proactive Audio Interview Ascent Resources https://www.proactiveinvestors.co.uk/companies/news/300013/proactive-audio-interview-ascent-resources-50.html Mon, 29 Jan 2007 23:00:00 +0000 https://www.proactiveinvestors.co.uk/companies/news/300013/proactive-audio-interview-ascent-resources-50.html Cenkos initiates coverage of Ascent Resources https://www.proactiveinvestors.co.uk/companies/news/461/cenkos-initiates-coverage-of-ascent-resources--0776.html
Anagni-1 encountered oil in open fractures. The well was drilled to a total depth of 971 meters - carbonates and electronic logs confirmed the presence of fractures from 921 meters and a 5 meter core sample taken from the well had oil shows. Ascent will now source additional equipment to deepen the well to 2000 meters to test the extent of the oil reservoir.

Jeremy Eng, Managing Director added, "Finding the top of the oil-prone Carbonates close to our anticipated depth and much shallower than in the nearby Gavignano-1 well was encouraging. Then to drill reservoir quality rocks containing oil is a fine result. We are going to deepen Anagni-1 to quantify this discovery and will proceed as soon as suitable equipment has been sourced."

Cenkos Securities initiated coverage of Ascent with a buy recommendation and valued the company on a risk weighted basis at 29p. Cenkos added that the upside beyond 29p was significant as its risked valuation awarded no value to most of the company's projects including prospects in the Netherlands, Switzerland and Po Valley in Italy.


Ascent also has a drilling rig en-route to Spain to drill the Hontomin-4 appraisal well in the Huermeces Exploration Permit (Ascent 50%).
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Mon, 29 Jan 2007 06:45:00 +0000 https://www.proactiveinvestors.co.uk/companies/news/461/cenkos-initiates-coverage-of-ascent-resources--0776.html
Ascent sells minority gas stake to Aurelian https://www.proactiveinvestors.co.uk/companies/news/442/ascent-sells-minority-gas-stake-to-aurelian-0747.html
Ascent has ambitions to build a mid-tier european energy company with a particular focus on natural gas. After the disposal of the Romanian assets, the company will still have exposure to projects in Italy, Switzerland, Hungary, Spain and offshore Netherlands.

Managing Director Jeremy Eng said: "The increase in the value of Millennium since we acquired it in April prompted the Board to sell this non core asset and invest the proceeds in Ascent's extensive operated portfolio. We are currently drilling our third well in as many months. When the rig has finished in Italy, it will move to Spain to continue drilling. Despite our high level of activity, and with more Hungarian and Italian drilling already planned, Ascent's portfolio includes 15 operated projects that will remain undrilled at the conclusion of this campaign."

Shares in Ascent held steady at 10.75p
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Mon, 08 Jan 2007 00:22:00 +0000 https://www.proactiveinvestors.co.uk/companies/news/442/ascent-sells-minority-gas-stake-to-aurelian-0747.html
Ascent Resources PLC https://www.proactiveinvestors.co.uk/companies/news/300332/ascent-resources-plc-85.html Sun, 01 Oct 2006 23:00:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/300332/ascent-resources-plc-85.html Ascent Resources PLC https://www.proactiveinvestors.co.uk/companies/news/300041/ascent-resources-plc-85.html Sun, 01 Oct 2006 23:00:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/300041/ascent-resources-plc-85.html Jeremy Eng of Ascent Resources talks to Proactiveinvestors https://www.proactiveinvestors.co.uk/companies/news/180/jeremy-eng-of-ascent-resources-talks-to-proactiveinvestors-0258.html Jeremy Eng updates Proactive.

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Fri, 11 Aug 2006 23:00:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/180/jeremy-eng-of-ascent-resources-talks-to-proactiveinvestors-0258.html
Ascent Resources could see 9 wells drilled in the next 12 months https://www.proactiveinvestors.co.uk/companies/news/325/ascent-resources-could-see-9-wells-drilled-in-the-next-12-months-0060.html Ambitious plans in a relatively short time frame.

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Wed, 31 May 2006 23:00:00 +0100 https://www.proactiveinvestors.co.uk/companies/news/325/ascent-resources-could-see-9-wells-drilled-in-the-next-12-months-0060.html