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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 - 05 Sep 2006 09:26 - 101 of 421

L2 two ticks up this morning.

Now 2 v 1 @13/13.5


Is anyone going to the ProactiveInvestors Forum with Ascent on this Friday ?


http://www.proactiveinvestors.co.uk/main.asp

PapalPower - 05 Sep 2006 11:21 - 102 of 421

100K buy at 13.25 (late reported) caused the move up.

L2 now 2 v 2 @13/14

PapalPower - 06 Sep 2006 13:35 - 103 of 421

I hear Mark Slater had lots of good words to say about Ascent Resources on the webcast on http://www.t1ps.com

Things like risk/reward "but the right way around" and "dramatic upside".

Any other comments anyone knows of ? :)

PapalPower - 06 Sep 2006 15:29 - 104 of 421

My earlier post should have said anyone going to the proactiveinvestors Forum with Ascent tonight (Wednesday) not Friday :)

?

seawallwalker - 06 Sep 2006 15:44 - 105 of 421

Good work here and over the road PP.

I bought a while back on the strength of it and I am not unhappy.

Thanks

silvermede - 06 Sep 2006 15:44 - 106 of 421

PP, I will be able to check out Mark Slater interview at Weekend and will report back.

PapalPower - 07 Sep 2006 07:56 - 107 of 421

Thanks both.

I have not seen any comments from yesterdays Forum with Thor/Ascent, will be interesting too to know from anyone there.

PapalPower - 08 Sep 2006 01:38 - 108 of 421

.

PapalPower - 08 Sep 2006 06:24 - 109 of 421

A transcript of the May 2nd WSR interview is now available to read at the link below :

http://www.wallstreetreporter.com/profile.php?id=17788#Transcript


A good read, and the last paragraph sums up whats been said, 2006 is exciting, but 2007 is even bigger.

PapalPower - 08 Sep 2006 09:45 - 110 of 421

Here is the presentation link below, and also a summary of someone who went to the presentation live at the One2One Forum.

http://www.ascentresources.co.uk/investor_information/Q3_2006_update.pdf

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

Bartyboy - 7 Sep'06 - 12:24 - 2035 of 2055

Morning Guys

I was at the Proactive presentation yesterday afternoon in London, and had a chance to talk to Jeremy Eng immediately before his talk.

I'm not currently a holder, and do not therefore profess to be an expert on the company, but here are a few points which may be of interest. Apologies in advance if I'm relaying whats already known, or blindingly obvious!

1. There were about 30 present for the presentation. A mixture of Analysts, Journos, Private investors, and fund representatives.

2. Jeremy's presentation was well polished. I was impressed by him and also the depth of experiance in the management team.

3. The Spanish producing field is currently pumping 100 barrels per day. This revenue cover all operating costs, and gives the Company weight in licence negotiations, as they can claim to be a producer.

4. They were the first oil explorer to seek an Exploration Licence in Switzerland for the past 25 years. Since their application there have been two other companies seeking Licences in the same Canton alone. The Swiss had to get their official out of retirement, as no one knew how to process the application!

5. In Romania the Bilca gas production plant is due to go live within the next few days. The Company had to make a small payment [Which they have now done] to the Local Authority to sign off the construction work.

6. Hungary. Upside potential in the four identified prospects could go beyond 400BCF

7. Italy, currently working in Po Valley [Drilling 2007], Latium Coast [Drilling Oct 2006] and Latina valley [Anagni scheduled this month, Offset seismic this year, with deep well 2007]

8. Jeremy stated that to assemble their current portfolio as of todays date would cost 20 times what they paid over the last 18th months. Such is the current interest. An analyst [Sorry didn't catch the name] has given a very conservative vale of 63p per share for the current reserves.

Hope that brief overview was of some help.

seawallwalker - 08 Sep 2006 11:17 - 111 of 421

Thank you PP :-)

PapalPower - 08 Sep 2006 12:29 - 112 of 421

Welcome.

Looking a little stronger now, we seem to have cleared the stream of stock that was available at 13.5 and 13.75..........we could see some bigger moves up now if they buying keeps up.

First news on drilling results around 7 weeks away now, and then its a stream of news :)

silvermede - 08 Sep 2006 19:37 - 113 of 421

PP, precis of T1ps' Mark Slater interview regarding AST:

He loves this Special Situations stock, Yes its potentialy Risky, but has a very good Risk/Reward ratio. Enough cash to cover Exploration & Appraisal work.
Within AST's portfolio there are 3 significant plays: Hungary, Spain, Italy. Spain because of likely increase in production and Hungary & Italy because either is a potential company maker. Potential dramatic upside (1:3 chance) from either Hungary or Itlay projects. Sensible Management. Interseting play with a potentially Very dramatic upside. Valuation on current portfolio is 60 - 70p (Already Risked). If everything comes in at once then this could go skyhigh.

seawallwalker - 08 Sep 2006 21:32 - 114 of 421

silvermead. Thank you.

Have a rec.

PapalPower - 09 Sep 2006 00:44 - 115 of 421

Thanks silvermede.........sounds good, especially coming from the likes of Mark Slater ! :)

silvermede - 09 Sep 2006 10:10 - 116 of 421

PP, I'm going to re-listen to the whole interview again this weekend and will let you know other tips. :-)

PapalPower - 09 Sep 2006 12:45 - 117 of 421

Thanks.

I think he has missed the Swiss potential, that in 2007 could be drilling for a multi-TCF target........and could be the biggest of all.... :)

silvermede - 09 Sep 2006 14:44 - 118 of 421

PP, Agree & no mention of the Netherlands prospects either all of which may add to the upside. The portfolio is significant when considering how much they have paid for it.

PapalPower - 11 Sep 2006 17:49 - 119 of 421

Nice little strengthening of the SP today :) Long may it continue.

silvermede - 12 Sep 2006 09:03 - 120 of 421

Aurelian Oil & Gas plc
12 September 2006




Aurelian Oil & Gas PLC

Ascent Resources plc

&

Europa Oil & Gas plc



'Bilca Development Update'

Aurelian Oil & Gas PLC ('Aurelian' or the 'Company'), the exploration and
production company focussed on Central Europe, acting as operator of the joint
venture with MIRC (a wholly owned subsidiary of Ascent Resources plc) and Europa
Oil & Gas (Holdings) plc, is pleased to announce that it has signed a contract
with S.N.G. N, Romgaz S.A, the Romanian state gas company and the fourth partner
in this Joint Venture, for the sale of gas production from the Bilca Development
situated in the Brodina Block in Northern Romania.


The production facilities have now been commissioned and a production licence
has been applied for from the Romanian authorities. It is anticipated that the
permit will be issued during September and production will commence once the
permit has been issued. An initial production rate of 7 million cubic feet per
day is planned (c. 200 th. cu.m/day). This rate will be kept under observation
and will be adjusted according to reservoir conditions.

Michael Seymour, Managing Director of Aurelian commented

'We are particularly pleased to have brought these first three gas discoveries
in Romania to production within only 27 months of the first discovery well. This
has been an important and constructive first production project for Aurelian
which will stand us in good stead for the future discoveries we are confident
which will follow in Romania.'



12th September 2006





Note:

The Joint Venture is between Aurelian, (28.75%), Europa (28.75%) and Ascent (5%)
and the Romanian state gas producing company S.N.G. N, Romgaz S.A, (37.5%) and
covers the Brodina Concession, which covers 1,475 km2 in Northern Romania on the
Ukraine border. Three wells were drilled in 2005 and 2006, of which all were
discoveries. These are known as the 'Bilca Development' which is the subject of
this announcement. Aurelian is the operator.


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