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

Here is something on the Italian Po Valley project to chew over the weekend :


http://www.envoi.co.uk/P136Ascent-PoValleySyn.pdf



.....................PROSPECTIVITY:

Ascent's work on the permit commenced in August 2005 and has since involved purchasing the 'right of use' to nine key seismic lines, comprising 260 kms of existing 2D data over their acreage. This has been reprocessed with AVO analysis confirming the hydrocarbon prospectivity of the key prospects in Ascent's acreage. The largest of these (Gazzata) has estimated 'most likely' recoverable reserves of 130 Bcf and upside in excess of 360 Bcf. It also has the lowest risk, due to the positive AVO anomaly which exhibits a consistent down dip termination on several seismic lines.
Follow-on prospectivity is also evident within Ascent's acreage, although the leads identified from the existing data would require the purchase and reprocessing of additional Eni data before these leads can be upgraded and confirmed as drillable prospects. Initial estimates suggest these could add several hundred Bcf reserves potential..............................................

News should be coming this week or next on the PEN-102 drill, so fingers crossed for good results.

This is a descriptions of the ongoing well that we hope to hear news from this week or next.


"Pen-102, is in the southern permit and targets the eastern lobe of the structure where the smaller western part was penetrated by the Pen-12 well.

The structural closure with 'Most Likely' recoverable reserves of 42 Bcf at two horizons has an upside of an additional 36 Bcf. The Pen-12 well, which still exists, encountered 40 metres of gas bearing Miocene tuffs at a depth of 1,400m with three tests flowing an aggregate of 1.5MMcfd.

The structure is a well defined anticline and early production from these two wells could be tied back into the local infrastructure with a minimum of delay."

Looks like the Tcf potential of Switzerland is going be talked about by the media, finally. We should not lose focus, the remaining work in Hungary and Italy in the coming months could double the present SP and potentially more, however, as the Swiss drill draws nearer, the focus is bound to switch to that mega company maker potential. I was in at 9p, not 5p, and there is no way Iwould be profit taking ahead of Agnani well deepening, in fact, I intend to hold all the way through Po Valley and Swiss drills :)



http://www.growthbusiness.co.uk/news/city-news/255565/swiss-ambitions-fire-ascent.thtml


Monday 14th May 2007

Swiss ambitions fire Ascent

Energy hopeful Ascent Resources has suspended one Hungarian well, but hopes to prove Swiss gas resources worth 1 billion.

AIM-quoted Ascent, with ventures in six European countries, has suspended operations at PEN-102, one of its wells in Hungarys Nyirseg blocks, after finding only residual gas in a deeper section of the reservoir and is deliberating about further operations. Coming a month after a dry well at Hontomin in Spain, the news has depressed Ascents recently buoyant shares, but the company pointed out that PEN-102, now being surveyed for a possible sidetrack well, is only one of several prospects in Hungary and elsewhere.

Managing director Jeremy Eng said he sees potential for 400 billion cubic feet of gas overall in the companys Hungarian prospects, with one, PEN-104, capable of high production rates. Ascent is already drawing modest cash flow from Spain's Ayoluengo oilfield and is seeking to find contributing partners for two projects in Italys Po Valley, which Eng suggested could hold 250 billion cubic feet, worth some 250 million.

Ascent, which has applied for a new gas licence at Rocamundo in Spain, has four blocks in Holland, with a potential 100 billion cubic feet, and is applying for more. The company also has oil and gas interests in Slovenia, but expressed particular excitement about Switzerland.

Ascent has 90 per cent joint ventures at Hermigan (where a farm-in with another group is on the cards) and elsewhere in the Vaud and Bern regions. Eng argues the Swiss projects could hold one trillion cubic feet of gas in all, worth around 1 billion, and declared this could be proved in the next 12 months.

Recommended here two years ago as a flutter at 5p, Ascent shares hit 19.25p last month, but have now eased to 16.5p, down 0.75p this morning. Partial profit taking might be prudent short term, but they still have significant longer-term potential.

For those that did not go to it, this is the Press Release from Ascent's partner, Dualex. Lots more info, and also some exciting news regarding the potential of the next drill, VAM-1.



News release via Canada NewsWire, Calgary 403-269-7605

Attention Business Editors:

DualEx Updates Pannonian Basin Program

/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR
DISSEMINATION IN THE UNITED STATES/
CALGARY, May 14 /CNW/ -

DualEx Energy International Inc. (TSX-V: "DXE")
announces today that the drilling of its PEN-102 well in the Pannonian Basin
of northeast Hungary has been completed and the wellbore left in a suspended
state pending further operations. The well is the first of two option wells
drilled under the previously announced farm-in on PetroHungaria kft of
Budapest.

Upon drilling of the second option well, to which the drilling rig
will now be moved, DualEx will complete earning under the provisions of the
farm-in and will hold a 37.5% working interest in the Nyirseg permits,
encompassing roughly 614,000 gross acres.

The PEN-102 well was drilled to the planned total depth of 1500 meters
approximately six kilometers west of DualEx's PEN-104 discovery and 1.5
kilometres east of the PEN-12 well drilled in 1989 and which tested gas at
rates up to 1.36 MMcf/d from Miocene volcaniclastics, but was never placed on
production. Drilling and logging results at PEN-102 indicated that the well
had intercepted a fault system and consequently the target Miocene tuffaceous
formations were encountered 38 meters low to prognosis. Gas was not present in
this deeper section of the reservoir. To accurately define the orientation of
the fault system, an offset vertical seismic profile survey (VSP) was recorded
in the well. The purpose of this survey is to enable a sidetrack well to be
planned with the objective of entering the Miocene gas reservoir in a
structurally more favorable position.

While the processing of the PEN-102 VSP is carried out, the drilling rig
will be moved to the second option well, VAM-1. As is the case with other
wells drilled in the Nyirseg program, DualEx and its partners are targeting
both Miocene volcaniclastics and Pliocene clastics at VAM-1.

Recent drilling south of the VAM-1 location by another operator is reported to have resulted in a gas discovery in the Pliocene/Pannonian with significant natural gas flow rates. The VAM-1 location occupies a similar structural/stratigraphic setting as this new discovery, and the consortium is looking forward to extending this discovery onto its Nyirseg blocks.

Planning continues around the development and tie-in of the PEN-104
discovery and the existing gas discoveries at PEN-12 and PEN-9.
DualEx Energy International Inc. is a full cycle oil and gas exploration
company with operations in the greater Mediterranean area. DualEx's common
shares trade on the TSX Venture Exchange under the symbol "DXE".

The TSX Venture Exchange does not accept responsibility for the adequacy
or accuracy of this release.
%SEDAR: 00023802E

For further information: about DualEx Energy International Inc., please
visit our website at www.dualexen.com, or contact Garry Hides (President &
CEO) at (403) 265-8011 ext. 223./
(DXE.) CO: DualEx Energy International Inc.
CNW 08:33e 14-MAY-07

Does anyone know how much shares mark slater owns in this one?

Said to hold a fair number.....but do not know how many.

Looks like the early birds are coming back in for the VAM-1 Hungary gas drill, and the bigger news Italian Agnani well deepening.

Nicely moved up yesterday, and presently 6 v 1 on L2 @ 15.5/16.75.

Ascent Resources PLC 24 May 2007

Drilling in Hungary

Ascent Resources plc, the AIM traded oil and gas exploration and production company, in conjunction with its partners, has started drilling the VAM-1 exploration well which is the second of two option wells in the Nyirseg exploration permits of north east Hungary.

PetroHungaria kft (a 90% owned subsidiary of Ascent), started drilling VAM-1 on 23 May 2007. This morning at 06:00 CET, the rig is cementing surface casing at 54m. The planned total depth of the well is 1,775m. It is expected that the well will take approximately a month to complete.


Partners in the well are DualEx of Canada (37.5%) and Petro Pequnia of Sweden (2%) and under the farm-out agreement, DualEx will pay 75% and Petro Pequnia 4% of the costs of this well with PetroHungaria kft funding the remaining 21%. The VAM-1 exploration well will test prospects in both the Miocene and Pannonian formations in the Vamospercs area, roughly 18 kilometres to the southwest of the Peneszlek field.

* * ENDS * *

Nice write up on Ascent (AST) on http://www.resourceinvestor.com


On the Up and Up

By Jackie Steinitz
25 May 2007 at 04:04 PM GMT-04:00


........


Registration is free as is the article to read once you have registered (register and then search for "Ascent").

On Line Limits now :

BUY 50K @ 17.05p

SELL 75K @ 16.55p



L2 3 v 2 @ 16.25/17.25 (TEAM and CANA on the offer)

Nice write up today on Ascent on Proactive :

http://www.proactiveinvestors.co.uk/articles/article.php?AST3


.

Small extract, you can read the full detailed article at the link below :


http://www.equitygrowth.co.uk/reports/NEWSLETTER_June_15_07.pdf


Ascent Resources June 15th 2007

Investment view

Ascent has established a diversified portfolio of exploration interests in obscure albeit fascinating areas, from an oil and gas perspective, of continental Europe. We believe the portfolio has interesting potential, although the proverbial elephant is unlikely to be discovered. If all goes well, a series of modest discoveries is more plausible. The drilling programme over the coming months and the upcoming independent assessment of resources will be critical in pointing to just how much potential actually exists. The recent decision to abandon the VAM-1 well in Hungary was mildly disappointing in this regard. If the news flow in the coming months improves and confirms our view that Ascent has over 50m boe of resources, the stock has the capacity to double over the next year. Naturally, investors are taking a fairly cautious view at this stage, valuing the stock at 42m, which implies about 60p per barrel of our estimate of resources........................lots more in the full article...........................

Update Here

Looks like the buyers are piling back now ahead of the Italian well deepening.

L2 all blue and now 2 v 2 @13.75/14.75

Moving nicely, now 3 v 3 @ 15/15.75 on L2.

Going to be an exciting few weeks as the Anagni drill carries on. What must be remember is they are not drilling from the top, they are already in a structure, at an oil bearing stage, and deepening the drill, so that means new data is coming on stream all the time......and people will know things now, and next week, and the week after, and after testing etc....

Risen nicely, lets hope they are seeing oil shows at continuing depth from the mud.

PP is this anagni well oil or gas,good rise today must be something there..

Anagni is oil.

There is a rumour now that some positive news from Spain might be coming. Came from a TW post on the sharecrazy.com Ascent thread

On line limits :

BUY 20K @ 16.98p

SELL 250K @ 16.4p


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

L2 now 5 v 4 @15.75/17


Suggests they are short of stock.

Nice bit of strength at closing.