PapalPower
- 06 Apr 2006 02:15

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
lizard
- 01 Aug 2006 12:42
- 61 of 421
can anyone confirm what 12MMbbl stands for!. have an idea but want to be sure.
PapalPower
- 01 Aug 2006 12:53
- 62 of 421
12 MMbbl = 12 Million barrels
12 M = 12 thousand
MM = Thousand Thousand = 1 Million
lizard
- 01 Aug 2006 13:07
- 63 of 421
cheers pp.
PapalPower
- 04 Aug 2006 18:24
- 64 of 421
Nice couple of big buys late in the day.
lizard
- 04 Aug 2006 21:43
- 65 of 421
does anyone know how the drilling in the spain ayo field is going?. i hold goo who have a small %. drilling in progress for a while as i understand. for further exploration.
seawallwalker
- 08 Aug 2006 23:53
- 66 of 421
Has the drilling started lizard?
Normally there would be an RNS saying the well has spudded.
PapalPower
- 11 Aug 2006 15:33
- 67 of 421
Added the Bilca update to the header :
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
PapalPower
- 12 Aug 2006 10:17
- 68 of 421
September 2006 5pm London
An opportunity to meet two prospective resource companies
Thor Mining / Ascent Resources
Dear Reader, networking is what we are all about, and here is a chance to meet two resource companies, one oil and gas, the other uranium and molybdenum. Our forums always include snacks and open bar afterwards so investor have a chance to meet the companies and meet each other. If you would like to attend, please reply to this email OR click on the FORUM logo at www.proactiveinvestors.co.uk
Ian Mclelland
Proactiveinvestors.co.uk
web: http://www.proactiveinvestors.co.uk
PapalPower
- 12 Aug 2006 16:29
- 71 of 421
EOG is another interesting one ST.
The 4 drills due in Romania could effect some nice upside for AST too :)
Peter123
- 14 Aug 2006 12:22
- 72 of 421
Its on the move!!
PapalPower
- 14 Aug 2006 13:37
- 73 of 421
Well worth reading the free Proactive Investors 12th August update, a little extract on just Hungary is below to whet the appetite ;
http://www.proactiveinvestors.co.uk/articles/article.asp?AST2
............Ascent intends to drill up to four exploration wells starting in September 2006. The company has 50% wi (working interest) in all the targets which range from 25 bcf to 160bcf (billion cubic feet). Hichens & Co have placed a 1 in 3 chance of success in the fields - which implies there is a decent chance that Ascents first major discovery could come out of Hungary. A 160bcf gas discovery for example, with 80bcf net to Ascent would have an implied value a few multiples of Ascents market capitalization.............
PapalPower
- 14 Aug 2006 17:49
- 75 of 421
ST :)
The Hungary drills (2 of the 4) were fast tracked as the seismic was so good and thats the 2 due anytime soon, they are very confident of hitting commerical pay on both of these. If they do, then on these along we should be near 50p, and thats excluding all the other drills coming in the next 6 months.
PapalPower
- 15 Aug 2006 01:20
- 76 of 421
ST, If you take into account current market cap, drilling in the next 6 months, I would rate AST as one of those with the most upside potential, in terms of percentage gains possible and probably based on risk/reward.
PapalPower
- 15 Aug 2006 14:51
- 78 of 421
ST, an interesting day today, up then shake down and now moving back up again.
Some big trades in there today as well, lets hope it finishes blue :)
PapalPower
- 16 Aug 2006 01:49
- 79 of 421
Well it did finish blue, lets hope for some more.
PapalPower
- 16 Aug 2006 02:06
- 80 of 421