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

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.

AXA S.A. (Framlington) on board! Nice to see.

There might be news on the way........anyway, the SP is rising nicely :)

RNS out........here is the "simple" version with additions from "tonester"


tonester30ccfc - 12 Jul'07 - 16:32 - 10802 of 10804

"Ascent Resources plc, the AIM-traded European focussed oil and gas exploration
and production company, notes the recent rise in its share price."

roughly translated:

"Yes, we acknowledge the share price has risen and we are obliged therefore to issue a statement. Of course there hasn't been a leak. It's stock market speculation. Spagetti House gossip? Don't be silly"


"Further to the announcement on 28 June 2007, the Company is drilling the Anagni-1 well in Italy and has just commenced logging the well."

or alternatively:

"We have completed drilling of the interesting bit and will commence logging. It has taken us 14 days to drill this"



"The Company will complete logging in the coming days and, following preliminary analysis, it plans to update the market early next week"

how about:

"plenty to look at. Tell you about it soon"

Tone

Just a post I put on AFN :

PapalPower - 12 Jul'07 - 23:48 - 10868 of 10868

Its very difficult, and also dangerous to compare any announcements and their effects with other companies. For this process to be correct, you have to compare cash levels, production/revenue levels, assets plays, asset values and then work out the EV value (to know "how much is in the price"). From this base point you then have to take into account sentiment, and only then can you "guess" at price reaction.

MTA made a find, however, what was their EV value at the point in time the find was announced ? If its too high already, then it will struggle to rise further.

Firstly, we know that JE and others have said Anagni could be "company making" in magnitude.

Secondly, AST have production, if small.

Thirdly, they will develop a gas field in Hungary, leading to more cash inflows.

Fourth, they have a large array of other assets in various other countries.

Having been in these for some time now, and with my time frame of Switzerland Tcf gas drills, I will not be selling any, and quite happy to wait for all the news to come out over the coming weeks and months. And don't forget, the exciting Italian Po Valley prospect should be coming along.

So all things considered, there is a very good chance of a large rise on good news here, and equally it will fall back if the news is not good.

But then, with JE taking the Ascent percentage of this present Anagni well to 80% recently, and planning additional wells, we could be on for some fair upside if this reservoir is holding a nice few tens of millions of oil in place.

We should remember this was in effect to begin with a "geologic" data well, that just so happened to hit oil.

It will not hit bottom hole of the reservoir, that should come by the further drills planned updip. Therefore, they will not be able to predict the full size of the reservoir yet, however, they will be able to start gaining some good idea of its potential size. The key question is will the pay zone flow, if it does (and this is not utilising bottom hole pressure to assist) then there is the potential for AST to re-rate in the months ahead, until the updip wells are drilled and the bottom hole point attained, at which point they can measure reservoir pressure, and attain a prospective final oil in place figure, and recoverable figure.

So, this story has many weeks potentially to run, and could very well "company make" Ascent.

However, there will be a few twists and turns along the way, so enjoy the ride and do not forget the risk, always remember the risk that bad news happens, this is oil and gas exploration :)