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AUCTION lol

excellent - up she goes - 1 way traffic

Preliminary Pg-11A Fracture Stimulation Results - Petiovci Project, Slovenia
Ascent Resources plc, has completed initial testing operations following the successful fracture stimulation of the Pg-11A well at the Petiovci Project ('the Project') in Slovenia. After cleaning out the three pumped stages the stabilised gas flow rate of 2.1 MMscfd and approximately 50 bpd of condensate was achieved. The combined gas and condensate production rate was c.400 barrels of oil equivalent per day. Pg-11A will now be prepared for production with the installation of a customised production string to optimise the flow rate and gas recovery.

Halliburton's equipment will now be moved to the Pg-10 well where fracture stimulation operations will commence in the coming days.

Ascent's Managing Director, Jeremy Eng commented, "Although the stabilised flow rate has exceeded our commercial threshold, a number of difficulties with the fracturing operation lead us to believe that this flow rate may not be representative of the true potential of the reservoir. We will soon commence the fracture stimulation of Pg-10 in order to learn more about the likely gas production rate from a different part of the field, the fluid dynamics of the various reservoirs and how best we can commercialise the clear potential of this gasfield."

i wonder where bottom is - maybe a tickle here later lol

glad i didnt bother to have that tickle here LOL!! but never say never - keeping a close eye on this one

all buys at current levels - interesiting

hmmmmmmmmmmmm
nice 5M buy just gone through - all buys - must tick soon!!

this sp will not be around too long imo - when the over hang clears north she'll be heading again - yeeeeeeeeeeeeeeeeeeeeeehaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa

lunch time bargain hunters out?

move north you bar steward LOL!!!

sell sp edged up a little going right way!!!! lol

rns 4/11/11 - director puts shares into his pension - confident guy lol!!

Ascent Resources plc, the AIM listed oil and gas exploration and production company, announces that Jeremy Eng, Managing Director, has transferred 1,000,000 ordinary shares of 0.1p each in the Company ('Shares') into his Self Invested Personal Pension ('SIPP'). This transfer was effected by the sale on 4 November 2011 of 1,000,000 Shares by Jeremy Eng at a price of 2.65p a Share and by the purchase on 4 November 2011 of 1,000,000 Shares by Jeremy's SIPP at a price of 2.70p. This does not change Jeremy Eng's beneficial ownership of 5,981,890 Shares, representing 0.87 per cent. of the issued share capital of the Company

i am in as of today now lol - large ii buying today - largest buy 5M @ 2.35p - that is good enough for me coupled with the other buys - if we are not at bottom right now must be close to it - massive potential here and cash to bring wells on line - gla

this is better lol

yeeeeeeeeeeeeeeeeeeeeeeeeeeehaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa

what a day!!!!!!!!!!!!!!!!!!!!!!!!!!!

over hang gone :-))))))))))))))))

:-))

Well done anyone with AST - some excellent news at last.

http://www.investegate.co.uk/Article.aspx?id=201111250700327611S

Stabilised High Gas Flows from Successful Pg-10 Fracture Stimulation - Petiovci Project, Slovenia

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ditto that prose :-))
cheers

something iminent here???