Andrada Mining acquisition elevates the miner to emerging mid-tier status. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksAscent Resources Share News (AST)

Share Price Information for Ascent Resources (AST)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 1.90
Bid: 1.80
Ask: 2.00
Change: 0.00 (0.00%)
Spread: 0.20 (11.111%)
Open: 1.90
High: 1.90
Low: 1.90
Prev. Close: 1.90
AST Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Ascent pleases with well update

Tue, 10th Jul 2012 08:06

European oil and gas company Ascent Resources has been lifted by better-than-expected results at the PEN-105A gas well in the Penészlek field of north-eastern Hungary.The firm recently completed operations to add additional perforations to the well, which is a sidetrack of the PEN-105 well and was originally completed in April 2012 with seven metres of perforations. The asset is owned by PetroHungaria, in which Ascent sash a 48.8% stake.The additional perforations were made in two stages with a flow test for each stage. The results indicate that the acid stimulation which had originally been considered is not necessary given the strong well response to the newly-perforated sections. The deeper perforated intervals are below the previously defined gas-water contact and this will result in an increase of the gas reserves that can be produced from the PEN-105A well. Production is currently limited to around two million square cubic feet per day due to constraints at the third-party facility into which both the PEN-105A and PEN-101 wells produce. Discussions are on-going with the facility operator to remedy the facility bottleneck that would allow for greater production from the Penészlek wells, the firm said. Jeremy Eng, Ascent's Managing Director commented: "The PEN-105A well result was better than expected because of improved reservoir characteristics at the PEN-105A location as compared to the original PEN-105; now the increased thickness of the proven gas bearing reservoir has further improved the overall results." NR
More News
10 Sep 2018 08:03

Ascent Resources sees production slip in August, warns of September shut-in

(Sharecast News) - Ascent Resources saw total production for the month of August fall 10% month-on-month to 727,851 cubic metres, while average daily production slipped 11% to 23,456 cubic metres.

Read more
20 Aug 2018 10:49

Ascent Resources Files Amended Permitting Responses To Slovenia

LONDON (Alliance News) - Ascent Resources PLC said Monday that it submitted the amendments requested by the Slovenian Environment Agency.The remaining outstanding points will be answered of

Read more
6 Aug 2018 10:35

Ascent Resources Slides As Permitting Issues Hinder Strategic Review

LONDON (Alliance News) - Shares in Ascent Resources PLC slumped Monday as the company said permitting delays in Slovenia are deterring potential partners for its Petisovci shares were trading at a

Read more
6 Aug 2018 09:29

Ascent Resources in discussions with multiple parties following strategic review

(Sharecast News) - Following a strategic review of the company back in April, natural gas company Ascent Resources has entered into discussions with several parties covering a range of different transactions aimed at keeping its head above water.

Read more
3 Jul 2018 10:01

Ascent June Revenue Consistent With May, Extends Croatian Agreement

LONDON (Alliance News) - Oil & gas exploration and production company Ascent Resources PLC said Tuesday its gas production and revenue for the month of June remained consistent with the month

Read more
9 May 2018 11:19

Liquids Still Hinders Gas Production In Slovenia For Ascent Resources

LONDON (Alliance News) - Shares in Ascent Resources PLC fell Wednesday as the firm said it has temporarily suspended its Pg-11A well once again to try to sort out water production were down 15% on

Read more
13 Feb 2017 08:57

Ascent Resources Raises GBP3 Million In Discounted PrimaryBid Placing (ALLISS)

Read more
25 Jan 2017 11:39

Ascent Resources confirms gas flow test on Thursday

(ShareCast News) - Ascent Resources noted the jump in its share price on Wednesday and confirmed that a well test is set to commence at the Pg-10 well, which is part of the Petišovci project in Slovenia, on Thursday. Ahead of the test, which is designed to last several days, gas is being flared to c

Read more
23 Jan 2017 11:08

Ascent Resources completes operations on Pg-10 well

(ShareCast News) - Ascent Resources, an AIM listed independent energy company, has successfully completed wireline operations at its Pg-10 well. The service team have cleared debris from the well and perforated production tubing at a depth of 3,102m where it is in contact with the reservoir. The we

Read more
6 Jan 2017 09:31

Ascent Resources progressing towards first gas

(ShareCast News) - Ascent Resources issued an update to shareholders on Thursday, on the work programmes required to deliver first gas in Q1 2017. The AIM-traded firm said well Pg-10 has been successfully recompleted with the permanent bridge plug knocked through and two holes punched in the product

Read more
11 Nov 2016 12:15

Small win for Ascent Resources in Slovenian legal battle

(ShareCast News) - Ascent Resources announced on Friday that it has been informed by the Environment Agency in Slovenia that the partners in the Petišovci project will not be required to carry out a full environmental impact assessment prior to the award of an IPPC Permit to install a new processing

Read more
19 Sep 2016 07:57

Ascent Expects Much Better Cashflow In 2017 As Petisovci Comes Online

Read more
5 Jul 2016 09:00

Ascent Expects Gas Production By End Of Year As Contract Agreed

Read more
13 Jun 2016 13:33

Ascent Resources Issues Shares After Loan Note Conversion Notice (ALLISS)

Read more
9 Jun 2016 14:12

Ascent Resources' shares surge as it raises £500,000

(ShareCast News) - Ascent Resources' shares are up more than 15% after it raised £500,000, net to the company, in a placing of 83,33m new shares at 0.6p each to meet its working-capital requirements into 2017. The oil and gas exploration and production company said the funds would enable it to conti

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.