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Ascent Resources - One to watch (AST)     

PapalPower - 06 Apr 2006 02:15

Chart.aspx?Provider=EODIntra&Size=283*18Chart.aspx?Provider=Intra&Code=AST&Size=June 2008 Presentation : Link here

new.gifMarch 2008 AST Write Up : Link TMF Post new.gifAscent 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

PapalPower - 01 Jun 2006 12:58 - 38 of 421

ST, AST is picking up again now after the correction.

Good article just out on Proactive.....its free to register and free to read :


http://www.proactiveinvestors.com/registered/articles/article.asp?AST

Ascent Resources: Could see 9 wells drilled in the next 12 months By Edward Roberts

PapalPower - 28 Jun 2006 11:27 - 39 of 421

Worth a read about Ascents project in Hungary :)

http://www.envoi.co.uk/P117HungarySyn.pdf

silvermede - 28 Jun 2006 13:35 - 40 of 421

PP, Thanks for envoi synopsis, so the baseline set for the deal is part with 40% equity for combined exploration permit in exchange for 7m Euros for Drilling of 4 Wells plus incoming Party's share of back costs totalling 1.3m Euros Total 8.3m Euros. Let's see if they can achieve that or have to give up more or do a better deal. They will have to move fairly fast to get funding in place for Sep 06 start of drilling.

PapalPower - 29 Jun 2006 14:06 - 41 of 421

L2 all blue , and 2 v 1 @ 9/10

PapalPower - 30 Jun 2006 17:33 - 42 of 421

Another bit of blue, small steps will do

PapalPower - 03 Jul 2006 08:02 - 43 of 421

Ascent Resources PLC
03 July 2006

Ascent Resources plc ('Ascent' or 'the Company')
Issue of Third Swiss Exploration License

Ascent Resources plc, the AIM traded oil and gas exploration and production company through its joint venture partner SEAG, has been awarded a third exploration permit in Switzerland; in the Canton of Vaud. The exploration permit, covering an area of 735.8 km2, includes the Essertines well, drilled by BEB drilled in 1962. Oil in a Jurassic Rhaetian reservoir was discovered in this well, producing on test light (41.5 degrees API) oil with associated gas.

Ascent's 90% owned joint venture with SEAG (Schweizerisches Erdol AG), also has two exploration permits in the Canton of Bern, each of which contain gas discovery wells drilled by Elf Aquitaine in 1972 and 1982.

An on-going work programme for the Company's three permits is underway at Ascent's Technical Services Division in Budapest, including the collation of all the geological and geophysical data for the region and the reprocessing of the
seismic.


* * ENDS * *

PapalPower - 03 Jul 2006 15:21 - 44 of 421

Nice rise back today :)

PapalPower - 04 Jul 2006 02:57 - 45 of 421

From uk-analyst.com

The award of a third exploration permit in Switzerland assisted the upwards share price movement for Ascent Resources. The stock rose 1.25p to 11.25p. The group, through its joint venture partner SEAG, was awarded the exploration permit in the Canton of Vaud, an area covering 735.8 square kilometres, including the Essertines well. Oil in a Jurassic Rhaetian reservoir was discovered in this well, producing light oil with associated gas. Ascent's 90%-owned joint venture with SEAG already has two exploration permits in the Canton of Bern, each of which contain gas discovery wells drilled by Elf Aquitaine in 1972 and 1982.

PapalPower - 04 Jul 2006 14:25 - 46 of 421

RNS Number:6380F
Ascent Resources PLC
04 July 2006


Ascent Resources plc


Director's dealing


Nigel Moore, a director of the Company, yesterday informed the Company that on
Friday 2 July 2006 his SIPP purchased 119,000 ordinary shares in the Company
(representing 0.05 per cent. of the issue share capital of the Company) at a
price of 10.25p per share. Mr Moore holds no other shares in the Company.

kimoldfield - 04 Jul 2006 23:58 - 47 of 421

That has to be positive news, nice to get a price of just 10.25p!!
kim

PapalPower - 05 Jul 2006 02:07 - 48 of 421

Very positive, 3rd director buy of this year.

06/04/2006 Jonathan Legg BUY 210,526 @ 9.5p = 20K
07/04/2006 Malcolm Groom BUY 1,000,000 @ 9.625p = 96.2K
07/07/2006 Nigel Moore 119,000 @ 10.25 = 12.1K

PapalPower - 05 Jul 2006 11:28 - 49 of 421

RNS Number:7081F
Ascent Resources PLC
05 July 2006
Ascent Resources plc
("Ascent" or "the Company")

Director's dealing

Peter Earl, a non-executive director of Ascent, informed the Company that on
Tuesday 4th July 2006 he purchased 50,000 ordinary shares in the Company
(representing 0.02 per cent. of the issued share capital of the Company) at a
price of 12.5p per share.

kimoldfield - 05 Jul 2006 12:20 - 50 of 421

Growing confidence of Directors - brilliant!
kim

PapalPower - 05 Jul 2006 14:48 - 51 of 421

Another one :)

Director's dealing
05 July 2006

Jonathan Legg, a director of the Company, has today purchased 160,000 ordinary shares in the Company at a price of 12.5p per share. Following this purchase, he is interested in 533,526 ordinary shares in the Company, representing 0.21 per cent. of the issued share capital of the Company.

PapalPower - 06 Jul 2006 01:15 - 52 of 421

And another one :)

Director's dealing
05 July 2006

John Kenny, non-executive Chairman of Ascent, has today purchased 100,000 ordinary shares in the Company at a price of 12.5p per share. Following this purchase, he is interested in 200,000 ordinary shares in the Company, representing 0.08 per cent. of the issued share capital of the Company.

PapalPower - 18 Jul 2006 10:28 - 53 of 421

Nice bit of blue today.

PapalPower - 25 Jul 2006 16:06 - 54 of 421

Nice 1.25 million buy there turned AST blue :)

PapalPower - 26 Jul 2006 02:00 - 55 of 421

A number of large buys there, if we have a director or insitutional now taken up all the slack from peoples sells in the corrected, we should be able to move up fast now, and its just in time for the start of the drilling campaign. Perhaps the "short term" target in the brokers note of 25p might be coming.

PapalPower - 27 Jul 2006 11:55 - 56 of 421

A little tick up and L2 now 3 v 1 @10/5/11.5 so hopefully we are now at the stage where buys will be moving the price......finally.

Drilling starts soon enough, and the potential on the first wells are very good, and there are plenty of drills happening in the coming months.

PapalPower - 29 Jul 2006 11:54 - 57 of 421

Post from AFN :



thegreatgeraldo - 29 Jul'06 - 11:41 - 1537 of 1537

Spot of good news from Romania.. AST have 5%

Europa Oil & Gas said that the Bilca-2 well in Romania, which encountered gas while drilling in early 2005 but was suspended without testing, has now been perforated, tested, and completed as a production well. A short clean-up test on a restricted choke has demonstrated commercial gas production.
A clean-up rate of approximately 1 mmscfpd, achieved through an 8-mm choke is comparable to the flow rates obtained on a similar choke on the Bilca-1 well, which went on to test at 6.3 mmscfpd (1,050 boepd) through a 20-mm choke. The well has now been temporarily shut-in in preparation for commercial field production, which is due to commence in late-August.
The Bilca project lies in the northern part of the Romanian Carpathians, a prolific oil and gas province. Europa and its partners drilled Bilca-2 on the western extension of the Bilca seismic anomaly in early 2005 following the success of Bilca-1, and the well was cased without being tested. Europa's partners include Falcon Oil & Gas srl (a subsidiary of Aurelian Oil & Gas plc), Romgaz SA, and Millennium IRL (a subsidiary of Ascent Resources plc).

http://www.rigzone.com/news/article.asp?a_id=34484
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