June 2008 Presentation : Link here

March 2008 AST Write Up : Link TMF Post Ascent Article Archive Folder : Link to AST archive folder

Detailed Info on Italian Prospects : Link to post 2 (Explo.)

Detailed Info on Swiss Prospects : Link to post 3 (Explo.)

Detailed Info on Spanish Prospects : Link to post 4 (Prod. + Explo.)

Detailed Info on Dutch Prospects : Link to post 5 (Explo.)

Detailed Info on Hungarian Prospects : Link to post 6 (Prod + Explo.)

Detailed Info on Slovenia & Gabon Prospects : Link to post 7 (Explo.)



Web Site : http://www.ascentresources.co.uk

Email : info@ascentresources.co.uk

Sign up for email news alerts here : Click Here


Oil and Gas Guide for those who want to know more : Link to PDF file

anyone know how many shares tiger resources hold in this baby?

maestro, no.

http://www.oilbarrel.com/news/article.html?body=1&key=oilbarrel_en:1163555873&id=0&feed=oilbarrel_en&body=0&type=

Oil barrel coverage 15-Nov-06

Ascent Resources Ascends As Hungarian Drilling Project Opens Up New Exploration Play

There was a hearty jump in the share price of AIM-quoted Ascent Resources on Tuesday with news that the PEN-104 well in Hungary tested positive for gas. The shares gained 2.5 pence, or 20 per cent, on news of the gas strike to close at 15 pence.

The well, the first in the area for over 20 years, was drilled into the once-productive Peneszlek gas field in eastern Hungary. Ascent holds two exploration permits here - Nyirseg Del and Nyirseg Szatmar which cover 2,483 sq km close to the border with Romania. This is an area that has been neglected over the past twenty years Ascents well is the first for more than two decades but still holds attractions for oil juniors with low overheads and new ways of working.

Using modern seismic techniques, Ascent came up with a new geological model for the area. It believed there was untapped potential at Peneszlek, which between 1983 and 1989 produced a total of 4.8 billion cubic feet (bcf) of gas from Miocene tuff sediments. Re-mapping of the reservoir indicated larger-than-expected remaining reserves, which could form the basis for a re-development project.

This appears to be borne out by the results of the PEN-104 well. It tested two intervals: the deeper Miocene Tuffs failed to flow but the Pannonian Clastics produced gas at a restricted rate of 3.4 million cubic feet per day.

This is a sand that has never before been tested or produced from in this area, chief executive Jeremy Eng told oilbarrel.com. This has opened up a new exploration play in this region and de-risked the next well for us.

That well will be Fehergyarmat-2 (FGY-2), which is scheduled to spud next week. It, too, will be targeting Pannonian sands.

This [the PEN-104 well] is a very good result for us because the remaining potential on the blocks depends on this type of gas sand, said Eng.

Further drilling is planned, with four other drilling locations identified. Importantly, the costs to Ascent have been reduced by a series of farm-out agreements concluded in recent months. Last month Swedish firm PetroPequnia agreed to farm-in for a 2 per cent working interest and in return will pay a contribution to past costs plus 4 per cent of the costs of drilling up to four wells on the acreage.

This followed on from the August agreement with DualEx Nyirseg Inc, a wholly-owned subsidiary of DualEx Energy International of Canada. Under the terms of that agreement, DualEx will reimburse some of the historical exploration costs and fund 75 per cent of two new wells on the permits to earn a 37.5 per cent working interest in 45 per cent of the area of the exploration permits. DualEx then has the option to participate in two further wells to earn a 37.5 per cent working interest across the whole of the two permits.

It appears Jeremy Eng will be on http://www.stockmarket-channel.tv/ tomorrow morning - if anyone see's it please comment on what is said.

From AFN :

hope264 - 17 Nov'06 - 07:32 - 3579 of 3580


There is a small piece in today's issue of Investors Chronicle. It mentions this weeks gas discovery and then goes on to reiterate its BUY recommendation since its last one (at 11p) due to Ascents varied portfolio of assets.

PP listen to it you lazy bug*er.

You may be researching for about 10 Companies but that's no excuse.

Oh all right then, he was the secret CEO trying to persuade the panel to buy shares in his Co. No one did from what I heard, but it was a very good upbeat synopsis by JE, and I would have bought on the strength of it, oh I already have bought so maybe I won't buy more.

BTW, I am very happy with this and thanks again.

I am LTBH and cerificated, and staying there.

The short to middle termn prospects are excellent, and they are also on others shopping lists I should not be surprised.

The latest find and Spain should be able to support the coming drill campaign, oh that's what JE said.

Thanks sww :)

http://www.investegate.co.uk/Article.aspx?id=200611210700363952M

Ascent Resources PLC
21 November 2006

Ascent Resources plc / Epic: AST

Spuds Second Well in Hungary

Ascent Resources plc, the AIM-traded oil and gas exploration and production company, announces the spudding of its second well in Hungary. The Fehergyarmat 2 (FGY-2) well, with a planned total depth of 1,100m, targets Pannonian clastics, the same formations which were successfully tested in the PEN-104 well (announced 14 November 2006). The FGY-2 well, which is located approximately 70 km north north-east of PEN-104, is aimed at quantifying the extent of the gas reserves in the northern part of the Nyirseg exploration permits.

PetroHungaria kft (a 90% owned subsidiary of Ascent), with its partners DualEx of Canada (37.5%) and Petro Pequnia of Sweden (2%), has the option to drill two further wells in the permits and the same drilling rig is available to the Group in March 2007.

On PEN-104 :



****************************

On new well FGY-2 :

"2006-12-01

Weekly report December 1

Hungary
The drilling of FGY-2 is ongoing."

http://www.investegate.co.uk/Article.aspx?id=200612041101031615N

Ascent Resources PLC
04 December 2006

Ascent Resources plc ('Ascent' or 'the Company')

Spanish production and exploration update


Ascent Resources plc, the AIM-traded oil and gas exploration and production
company, has made significant progress with its production and exploration
activities in the Sedano Basin in Northern Spain, which it believes has
considerable upside potential. The Company has stabilised production from the
Ayoluengo field, obtained permits for two appraisal wells to be drilled in known oil bearing structures in its exploration areas and submitted an application for contiguous exploration acreage with known gas potential.

Last week, the Official Gazette of Spain published the final approval of the
transfer of the 25% interest in the La Lora Concession from Petroleum Oil and
Gas Espana to Ascent's affiliate NPEL (as announced on February 14th, 2006). As
part of the consideration, Ascent is issuing 562,967 New Ordinary Shares at 12
pence per share (value of 100,000). Accordingly, application has been made for
the admission of these new shares to trading on the AIM market where they will
rank pari passu with the existing ordinary shares of 0.1 pence each in the
Company. Dealings in the New Ordinary Shares are expected to commence on
December 6th, 2006.

Production on the Ayoluengo oilfield within the La Lora Concession (Ascent:
88.75%, Gold Oil plc: 11.25%) has been maintained at over 110 barrels of oil per day for the past eight months (November average: 116 bopd) following the summer implementation of a workover programme designed to improve well efficiency. Further production enhancements are being planned to increase production and further improve profitability by Q2 2007 including additional workovers, new oil production technology and enzyme treatments for enhanced oil recovery.

On the exploration front, permits for drilling have been granted for the
Hontomin-4 Well in the Huermeces Concession and the Tozo-1 Well in the
Basconcillos 'H' Concession. Drilling will commence when the drilling rig
arrives from Italy after drilling the Anagni-1 Well, which is scheduled to spud
this week. Seismic interpretation is on-going in the Valderredibles concession
to map oil bearing prospects in that area.

Through its newly incorporated operating company, Compania Petrolifera de Sedano (CPdS), Ascent has submitted an application for exploration acreage to the east where two wells have discovered deep high pressure gas. Ascent, as in the other exploration areas, has a 50% interest in this Rocamundo application.

Ascent's Managing Director Jeremy Eng said, 'We are making good progress in
Spain. The Company benefits from the steady cash-flow from the Ayoluengo
oilfield and the prospect of higher production rates from the field and
additional reserves from the new wells provides considerable upside. The
expansion of the exploration areas demonstrates the viability of an exclusively
European portfolio where there are still plenty of unlicensed opportunities to
be exploited.'

* * ENDS * *

Good RNS.

Excellent company

5.8m in large buys today, would say the overhang might be clearing.

L2 now up and 4 v 1 @ 11.75/12.5


I would guess FGY-2 is looking good, and someone given the nod to clear the overhang ???????? Speculation only by me.

Spot on PP.

Good call.

Well, now expecting news on both CPNR and AST next week, could be exciting.

.

Sorry PP, AST down and out for now, still TMC up and CPNR small correction.

I don't think it's time for me to sell these while they are on a 6 well drill campaign over this year coming.

A wet hole(better known as a duster), is to be expected when the industry average is 10%.

The water contact could possibly be a clue to oil being above that, and then gas above that. This could be the reason why the other minority partners have increased their option today on the field imo.

I am easily spooked with these E & P oilers, but in this case, I am relaxed and confident of the eventual outcome say in a couple of years time.

If you look above in the header most of the directors have bought above todays level.

I bought in lower!

If the fundamentals have not changed, and they haven't, then I think I will stay.

Others must do as they think they should.

As always please dyor etc.

Well, the Italian well is the next one up, it should have spudded last week, and the Po Valley is another important one for AST.

The results from the FGY-2 drill had positive vibes, in the reservoir found, ok in this location its water, but the reservoir is in many places, and some will no doubt yield gas, so for the long term, it was a good result to find such high quality reservoir structure, for the short term sad its water filled. Next Hungary drilling should be March 07 now, they are still very excited over it.

A chance to get answers to any questions you have on Ascent !

Follow this link and click through to the Ascent forum to post your question. (Its free to register and use)

http://www.proactiveinvestors.co.uk/registered/bb/index.php

Proactive investors are interviewing Ascent Resources Next Week.

Jeremy Eng, MD of Ascent Resources will be taking part in a audio interview in the coming weeks. If you have a question you would like to put forward to him, please leave it on this board and we will try to get an answer for you.

Please remember that directors of publicly listed companies cannot disclose price sensitive information or information otherwise not in the public domain, so make sure your questions are well crafted !

http://www.proactiveinvestors.co.uk/registered/bb/index.php

18th December 2006

Ascent Resources plc ('Ascent' or 'the Company')
Commences drilling Anagni-1 Well in Italy

Ascent Resources plc, the AIM-traded oil and gas exploration and production
company, has commenced the drilling of the Anagni-1 well in the Frosinone
Exploration Permit about 80km east-south-east of Rome, with Pentex Italia
Limited as operator.

Anagni-1, which is primarily designed as a stratigraphic (geological research)
well, is planned to be drilled to a depth of 1,000m. The well location is in
the Latina Valley in the Frosinone Exploration Permit (Ascent 70% interest) and
is circa 40km north-east of the Ripi oilfield in the Strangolagalli Concession
(Ascent 50% interest in the exploration rights). The Anagni-1 well will
investigate the shallow and intermediate Cretaceous Carbonate plays of the
Anagni Structure, which may contain oil reservoirs.

The drilling of the Anagni-1 well commenced on December 16th. On completion of
this well, the rig is scheduled to move to Spain to drill the Hontomin 4
appraisal well in the Huermeces Exploration Permit (Ascent 50%). The drilling
of the Arrone-1 well in the Fiume Arrone Exploration Permit (Ascent 40%) has
been postponed and now may be drilled, contingent upon access to the drilling
location, when the rig returns from Spain.

Ascent Resources Managing Director Jeremy Eng said, 'The results of the Anagni-1
well will be very interesting, as we know that there is oil in the immediate
vicinity. The seismic resolution in this area is poor, hence the necessity for
this stratigraphic well, which none the less has the potential to make a notable
oil discovery. Our drilling programme is continuing and we are looking forward
to the Hontomin well which is close to our existing production from the
Ayoluengo oilfield in northern Spain'.

* * ENDS * *

having pulled out of SCR which has since
plummeted to 8.50 I have followed this
share AST as well. Seems a good time to buy.
Yet nothing in oil is moving see Sterling.