News Results for Ascent Resources (AST)

  • 20 Sep
    07:42
    Ascent Resources announces half year report; details change in management

    Ascent Resources announced its half year report, with revenue dropping off from £1,281,000 down to £242,000. Loss for the period after tax increased from £611,000 to £994,000, with closing cash on...

  • 20 Sep
    07:21
    Ascent Resources announces completion of £1m subscription

    Ascent Resources plc has entered into a subscription agreement for £1,080,500 before costs, with RiverFort Global Opportunities PCC Limited through a subscription for 393,000,000 shares at 0.275...

  • 27 Aug
    09:05
    Ascent Resources exploring options to develop Petisovci gas field; hatches plan to cut costs 50%

    Ascent Resources said it continued to explore options to develop the Petišovci gas field and also said it had implemented a revised operating structure to reduce costs by 50%. The company said it...

  • 16 Jul
    13:15
    Ascent Resources venture files appeal against Slovenia permitting decision

    Ascent Resources confirmed that an appeal has been filed against a decision in Slovenia requiring a company joint venture to prepare a full environmental impact assessment to stimulate gas wells....

  • 14 Jun
    08:06
    Ascent Resources to step up legal action against Slovenian government

    Oil and gas company Ascent Resources said it would shift away from developing Petišovci project in Slovenia as it plans to step up legal action against the Slovenian Ministry of Environment's...

  • 20 May
    14:38
    Ascent Resources buys compressor unit for Petisovci project in Slovenia

    Ascent Resources said it had signed a contract for the purchase of a mobile compressor unit for its Petisovci project in Slovenia. The supplier was expected to install and commission the unit in...

  • 13 May
    14:04
    Ascent Resources books annual loss in 'challenging year'

    Ascent Resources posted an full-year loss after rising revenue as overshadowed by sales costs, asset depreciation and administrative expenses. Pre-tax losses for the year through December amounted...

  • 24 Apr
    13:31
    Ascent Resources raises capital for Petisovci prospect in Slovenia

    Ascent Resources said it had raised £750k from a share issue that would fund reprocessing of 3D seismic data at the Petisovci tight gas prospect in Slovenia, plus an order for compression...

  • 15 Apr
    09:51
    Ascent's JV partners say IPPC permit confirmed by Slovenian authorities

    Ascent said its JV partners had been informed by the Slovenian authorities that the IPPC Permit had been confirmed as fully valid, paving the way for an installation of a small processing facility...

  • 11 Mar
    07:52
    Ascent Resources ordered to perform new EIA by Slovenian authorities

    Ascent Resources said it had been ordered by authorities to produce an environmental impact assessment for a key project in Slovenia. The company said it would appeal the decision. Separately,...

  • 04 Feb
    15:01
    Ascent Resources to pursue legal action if Slovenia permits not granted

    Ascent Resources said it remained hopeful of obtaining two key permits for its Petisovci field in Slovenia but would pursue legal action if they weren't granted. One of the permits would allow the...

  • 13 Nov
    13:34
    Ascent Resources welcomes process review by Slovenia environment minister

    Ascent Resources expressed hope that a review of regulatory procedures in Slovenia would help speed up the approval of its Petisovci tight gas project. Ascent said the the first impact from a...

  • 30 Oct
    10:23
    Ascent Resources mulls legal action against Slovenian regulator over permit award delay

    Ascent Resources said Tuesday it would explore legal proceedings against regulators in Slovenia directly in the EU courts amid further delays to the award of the IPPC permit. This comes after the...

  • 01 Oct
    13:56
    Ascent Resources expects key Slovenia permit 'within weeks'

    Ascent Resources said it had good reason to be confident that it would receive a key permit from Slovenian authorities 'within weeks' for its Petišovci gas field. The company also announced that...

  • 10 Sep
    15:00
    Ascent Resources output falls in August; to shut wells for maintenance

    Ascent Resources said it produced less natural gas in August and would shut down its wells this month for annual maintenance. The company also said it was continuing to have 'positive discussions'...

  • 20 Aug
    13:35
    Ascent Resources files tweaks to Slovenia permit request

    Ascent Resources said it had submitted amendments requested by Slovenian authorities regarding a permitting application for a processing plant adjacent to the Petisovci gas field near Lendava. The...

  • 03 Jul
    14:22
    Ascent Resources extends Croatia gas sales agreement with INA

    Ascent Resources said it had extended a gas sales agreement with INA in Croatia until 2 May 2019. As a consequence of the extension, the required bank guarantee had been reduced and the amount...

  • 08 Jun
    13:39
    Ascent Resources restarts key natural gas well in Slovenia

    Ascent Resources said it had restarted a key natural gas well in Slovenia after it was shut-in during May for maintenance work. Temporary separation equipment had now arrived on-site at the Pg-11A...

  • 08 Jan
    09:04
    Ascent receives payment for Petisovci sales

    Ascent Resources said it had received payment of €303,181 for the invoice of gas and condensate sold from the Petisovci field in Slovenia during November. It said 1,716,172 cubic metres (60,607...

  • 29 Nov
    09:00
    Director Deals - Ascent Resources PLC (AST)

    Colin Hutchinson, Chief Executive Officer, bought 300,000 shares in the company on the 28th November 2017 at a price of 1.74p. The Director now holds 1,570,370 shares. Story provided by...

  • 15 Nov
    09:32
    Ascent update on Petisovci exports

    Ascent Resources has issued an update on the start of export production from the Petisovci field in Slovenia. The company started export production from well Pg-10 on 2 Nov and production from...

  • 07 Nov
    14:05
    Ascent schedules shareholder conference call

    Ascent Resources said it will host a shareholder conference call on 29 November to update analysts and investors. The CEO, Colin Hutchinson, will host the call followed by a question and answer...

  • 03 Nov
    09:18
    Ascent starts export gas production from Petisovci

    Ascent Resources has started export gas production from the Petisovci field in Slovenia to INA in Croatia. It said: 'The recertification of the pipeline has been processed by the Croatian...

  • 30 Oct
    11:40
    Broker Forecast - Beaufort Securities issues a broker note on Ascent Resources PLC

    Beaufort Securities today reaffirms its buy investment rating on Ascent Resources PLC (LON:AST) and cut its price target to 2.80p (from 2.86p). Story provided by StockMarketWire.com

  • 30 Oct
    07:21
    Ascent raises £1.5m via PrimaryBid

    Ascent Resources has raised £1.5m, gross, through a successful fundraising via PrimaryBid. Ascent, the European focused oil and gas exploration and production company, announced on Friday the...

  • 20 Oct
    07:47
    Ascent update on starting Petisovci exports

    Ascent Resources has issued an update on the progress towards starting export production from the Petisovci asset to INA in Croatia. On 28 Sep the company advised in its interim statement that...

  • 28 Sep
    09:46
    Ascent pre-tax losses narrow

    Ascent Resources' pre-tax losses rose to £1.2m for six months to the end of June compared with £1.3m last time. The group had revenues of £154,000 (2016: nil) but administrative expenses rose to...

  • 18 Jul
    08:01
    Ascent sees significant progress at Petisovci project

    Ascent Resources said it had made significant progress at the Petisovci project in Slovenia. It said the completion of the necessary infrastructure was progressing well and the line from the CPP...

  • 18 Jul
    07:02
  • 06 Jun
    07:55
    Petisovci on time and budget, says Ascent

    Ascent Resources has confirmed that work on its Petisovci project in Slovenia remains on schedule. It said that the downhole portion of the operations to prepare Pg-11A to produce and sell gas...

  • 06 Jun
    07:02
    FLASH: Petisovci on time and budget, says Ascent

    Story provided by StockMarketWire.com

  • 08 May
    14:19
    Ascent schedules AGM

    Ascent Resources has confirmed that the Company's Annual General Meeting will be held on Monday 12 June. At 2:19pm: (LON:AST) Ascent Resources PLC share price was -0.03p at 1.83p Story...

  • 05 May
    14:14
    Ascent updates in IPPC appeal

    Ascent Resources confirmed that the Company has been informed by its partners in Slovenia that a further appeal has been lodged with the Slovenian Administrative Court by the same individual...

  • 02 May
    09:54
    Ascent updates on Petisovci progress

    Ascent Resources said work has started to allow gas to be sold from well Pg-11A in addition to Pg-10, at the Petisovci field in Slovenia. Well Pg-11A was initially drilled in 2011 to a total depth...

  • 24 Apr
    07:14
    FLASH: Ascent losses narrow

    Story provided by StockMarketWire.com

  • 13 Apr
    07:26
    Ascent confirms first gas from Slovenia well

    Ascent Resources has confirmed that commercial production has started from well Pg‑10. Ascent said it had been involved in Slovenia for nearly ten years and almost €45m had been invested over...

  • 13 Apr
    07:09
    FLASH: Ascent confirms first gas from Slovenia well

    Story provided by StockMarketWire.com

  • 31 Mar
    07:51
    Ascent welcomes IPPC permit decision

    Ascent Resources said it had been informed that an appeal made in relation to the IPPC permit had once again been dismissed as being without merit. The company said the permit was needed for the...

  • 31 Mar
    07:16
    FLASH: Ascent welcomes IPPC permit decision

    Story provided by StockMarketWire.com

  • 10 Mar
    14:22
    Ascent Resources issues shares

    Ascent Resources has issued 159,701,787 new Ordinary Shares in respect of a notice of exercise to convert 1,528,737 convertible loan notes of £1 each. At 2:22pm: (LON:AST) Ascent Resources PLC...

  • 01 Mar
    12:40
    Broker Forecast - Northland Capital issues a broker note on Ascent Resources PLC

    Northland Capital today initiates coverage of Ascent Resources PLC (LON:AST) with a buy investment rating and price target of 4.30p. Story provided by StockMarketWire.com

  • 14 Feb
    09:00
    Director Deals - Ascent Resources PLC (AST)

    Colin Hutchinson, Financial Director, bought 270,270 shares in the company on the 13th February 2017 at a price of 1.85p. The Director now holds 270,270 shares. NOTE: Open Offer Story provided by...

  • 13 Feb
    07:27
    Ascent raises £3m via PrimaryBid

    Ascent Resources has raised approximately £3m, gross, through the issue of 161,500,000 new ordinary shares at 1.85p, a discount of approximately 17% to Friday's closing mid-price, through the...

  • 30 Jan
    16:09
    Oil, Gas Roundup

    LGO Energy's (LON:LGO) shares fell after it confirmed that subsidiary Compania Petrolifera de Sedano's request for an extension of the La Lora concession had not been approved by the Spanish...

  • 30 Jan
    08:11
    Petisovci well tests exceed expectations, says Ascent

    Ascent Resources said flow test results at Pg-10 - one of its wells on the Petisovci project in Slovenia - have exceeded management's expectations. Ascent said the maximum stabilised flow rate was...

  • 30 Jan
    07:09
    FLASH: Ascent pleased with Pg-10 flow test

    Story provided by StockMarketWire.com

  • 25 Jan
    16:10
    Oil, Gas Roundup

    Ascent (LON:AST) was the sector's biggest riser - up by more than 38.9% in late trading - after confirming that a well test is set to commence at Pg-10 tomorrow (26 January). Ascent said that in...

  • 25 Jan
    16:06
    Ascent to start well test

    Ascent has noted the rise in its share price and confirmed that a well test was set to commence at Pg-10 tomorrow (26 January). Ascent said that in advance of the test, gas was presently being...

  • 23 Jan
    16:17
    Ascent clears debris from well

    Ascent Resources said the service team has cleared debris from well Pg-10 and perforated the production tubing at a depth of 3,102 metres where it is in contact with the reservoir. Ascent said...

  • 23 Jan
    16:14
    Oil, Gas Roundup

    HaiKe Chemical Group (LON:HAIK) expects profits for the year ended 31 December to be substantially higher than last time. The group said it had delivered a positive operational performance in the...

  • 06 Jan
    16:03
    Oil, Gas Roundup

    Ascent Resources (LON:AST) has issued an update on the work programmes required to deliver first gas in the first quarter of this year. Ascent says well Pg-10 has been successfully recompleted...

  • 06 Jan
    07:51
    Ascent update on work programmes

    Ascent Resources has issued an update on the work programmes required to deliver first gas in the first quarter of this year. Ascent says well Pg-10 has been successfully recompleted with the...

  • 06 Jan
    07:02
    FLASH: Ascent completes workover well

    Story provided by StockMarketWire.com

  • 28 Dec
    16:23
    Oil, Gas Roundup

    Urals Energy (LON:UEN) said that, further to its announcement in August, the loan provided by Kamchatcomagroprombank (KKAPB) for the acquisition of Arctic Oil Company Ltd has now been repaid in...

  • 22 Dec
    16:05
    Oil, Gas Roundup

    Xtract Resources (LON:XTR) was the sector's top riser - up more than16.6% in late trading - after it confirmed it has raised £220,000 gross via a company-organised placing with private and...

  • 13 Dec
    16:10
    Oil, Gas Roundup

    LGO (LON:LGO) has raised £1.18 million, before expenses, through a placing of 984,600,000 new ordinary shares at 0.12p per share through an oversubscribed stockbroker and company sponsored...

  • 13 Dec
    14:48
    Ascent loan note conversion

    Ascent Resources has received a notice of exercise to convert 317 convertible loan notes which were issued in May 2013 as part of an open offer to all shareholders and the terms of which were...

  • 11 Nov
    16:17
    Oil, Gas Roundup

    Nighthawk Energy (LON:HAWK) was the sector's biggest riser in late trading after it announced that it had carried out remediation work on two injection wells at the Arikaree Creek water flood pilot...

  • 11 Nov
    09:46
    Ascent permit boost

    Ascent Resources has welcomed the Slovenia Environment Agency's decision over an IPPC permit for the Petisovci project. The EIA has told Ascent and its partners that they will not be required to...

  • 04 Nov
    16:07
    Oil, Gas Roundup

    Ascent (LON:AST) says the export production pipeline which runs from the Petisovci field to the Croatian border has been recertified at the operating pressure required for production. This...

  • 04 Nov
    16:01
    Export production pipeline recertified, says Ascent

    Ascent says the export production pipeline which runs from the Petisovci field to the Croatian border has been recertified at the operating pressure required for production. This pipeline will be...

  • 27 Oct
    16:05
    Oil, Gas Roundup

    Ascent (LON:AST) has conditionally raised approximately £4.5 million, gross, through the placing of 349,901,027 new ordinary shares at 1.0 pence per share (the and the subscription for £1,000,000...

  • 27 Oct
    15:59
    Ascent raises £4.5m

    Ascent has conditionally raised approximately £4.5 million, gross, through the placing of 349,901,027 new ordinary shares at 1.0 pence per share (the and the subscription for £1,000,000 in...

  • 19 Sep
    16:03
    Oil, Gas Roundup

    North Falkland Basin-focused Argos Resources (LON:ARG) was the sector's biggest faller despite losses for the six months to the end of June narrowing to $4000 (2015: $0.8 million) giving a loss...

  • 19 Sep
    07:43
    Ascent losses narrow

    Ascent Resources posts a pre-tax loss of £1.3m for the six months to the end of June - down from £2.7m last time. The group said highlights in the period of the end of June include: Highlights:...

  • 19 Sep
    07:07
    FLASH: Ascent losses narrow

    Story provided by StockMarketWire.com

  • 14 Sep
    16:24
    Oil, Gas Roundup

    Rockhopper (LON:RKH) has swung to an impressive $131.3m pre-tax profit for its first half, from a year-earlier loss of $5.1m. Chairman David McManus said: "We continue to make very good progress...

  • 13 Sep
    16:08
    Oil, Gas Roundup

    Pantheon Resources (LON:PANR) was one of the sector's biggest fallers - down by more than 5.6% in late trading. Pantheon, the AIM-quoted oil and gas exploration company with a working interest (of...

  • 24 Aug
    16:14
    Ascent completes Trameta purchase

    Ascent Resources has carried out the necessary procedures at the office of the public notary in Ljubljana to complete the purchase of Trameta doo, detailed in the company's announcement of 1...

  • 24 Aug
    16:12
    Oil, Gas Roundup

    Exillon Energy's (LON:EXI) output averaged 13,883 barrels per day in July. Average daily production for Exillon Timan-Pechora was 3,179 bpd, and for Exillon West Siberia it was 10,704 bpd during...

  • 15 Aug
    16:17
    Oil, Gas Roundup

    Europa Oil & Gas (Holdings) (LON:EOG) has completed the acquisition of Shale Petroleum (UK) Limited for a nominal consideration of £1. As consequence of this acquisition Europa has increased...

  • 15 Aug
    14:35
    Ascent loan note conversion

    Ascent Resources has issued 36,828 new ordinary shares following the conversion of 327 convertible loan notes. At 2:35pm: (LON:AST) Ascent Resources PLC share price was +0.1p at 1.38p Story...

  • 09 Aug
    16:23
    Oil, Gas Roundup

    Faroe Petroleum (LON:FPM) received valid acceptances from shareholders in respect of 814,933 open offer shares - a take up of approximately 13.7%. Shareholders who validly applied for open offer...

  • 03 Aug
    16:08
    Oil, Gas Roundup

    Nighthawk Energy (LON:HAWK) was one of the sector's biggest risers after it signed an agreement with SNF FLOQUIP to engineer, manufacture, deliver, and install all of the water storage and polymer...

  • 03 Aug
    15:42
    Ascent loan note conversion

    Ascent Resources has issued 84,468,493 new ordinary shares following the conversion of 750,000 convertible loan notes of £1 each. The notes, including rolled up interest, are convertible into...

  • 01 Aug
    15:52
    Oil, Gas Roundup

    Ascent Resources' (LON:AST) shares soared after the group and its partners in Slovenia signed conditional agreements needed to allow commercial gas production to start as early as January. The...

  • 01 Aug
    08:53
    FTSE embarks higher on miners, pharmas

    London stocks embarked on the front foot with big-ticket miners guiding the blue-chip pack higher, along with a posse of pharmaceutical titans, as traders look ahead to Bank of England's...

  • 05 Jul
    16:14
    Oil, Gas Roundup

    PetroNeft Resources (LON:PTR) - 50% owner and operator of Licences 61 and 67 in the Tomsk Oblast, Russian Federation - was the sector's biggest riser after reporting record output. The company...

  • 20 Jun
    16:06
    Oil, Gas Roundup

    JKX Oil & Gas (LON:JKX) produced 10,322 barrels of oil equivalent per day in the period from January to May - an increase of 21.3% on the corresponding period in 2015 but revenues fell by 19%...

  • 20 Jun
    13:15
    Ascent resolutions passed at AGM

    Ascent Resources has confirmed that all resolutions put to shareholders at the annual general meeting today were passed. At 1:15pm: (LON:AST) Ascent Resources PLC share price was -0.03p at 0.78p...

  • 15 Jun
    15:59
    Oil, Gas Roundup

    Exploration company Urals Energy (LON:UEN) was the sector's biggest riser after it was awarded a 25-year exploration and development licence for the South Dagi oil field on Sakhalin Island. Shares...

  • 13 Jun
    16:01
    Oil, Gas Roundup

    Egdon Resources' (LON:EDR) shares were down in late trading after it agreed a farm-out of an interest in PEDL182 to Union Jack Oil. Licence PEDL182 is located in Lincolnshire to the immediate...

  • 13 Jun
    14:39
    Ascent loan note conversion

    Ascent Resources has issued 92,352,218 new ordinary shares following the conversion of 820,000 convertible loan notes of £1 each which were issued in May 2013 as part of an open offer to all...

  • 09 Jun
    17:03
    FTSE hit by lower oil prices and property fears

    Commodity price weakness amid a strengthening US dollar and a sharp pullback in European stock markets has led to a poor day for the FTSE 100, down 69 points to 6,231.89. Adding to the London...

  • 09 Jun
    15:55
    Oil, Gas Roundup

    Ascent Resources (LON:AST) was the sector's biggest riser after it raised £500,000, net to the company, through a placing of 83,333,333 new ordinary shares at 0.6p apiece. These funds are expected...

  • 09 Jun
    09:59
    Ascent raises £500,000

    Ascent Resources has raised £500,000, net to the company, through a placing of 83,333,333 new ordinary shares at 0.6p apiece. These funds are expected to meet the company's current working capital...

  • 06 Jun
    16:17
    Oil, Gas Roundup

    Aminex (LON:AEX) was up in late trading after announcing it was pleased with progress being made at the Kiliwani North development licence in Tanzania. It says commissioning of the power...

  • 06 Jun
    15:24
    Ascent loan note conversion

    Ascent Resources has issued 99,334 new ordinary shares following the conversion of 882 convertible loan notes which were issued in May 2013 as part of an open offer to all shareholders. The company...

  • 01 Jun
    16:07
    Oil, Gas Roundup

    Ascent Resources (LON:AST) was the sector's biggest faller after it raised GBP500,000, gross, through a placing of 83,333,333 new ordinary shares at 0.6p apiece with investors using the...

  • 01 Jun
    09:02
    FTSE falls behind property, resources

    London stocks fell against the fabric of stalling crude prices, a weaker sterling on renewed Brexit concerns, the potential for a US rates hike in June and jitters about the global economy....

  • 01 Jun
    08:16
    Ascent raises GBP500,000

    Ascent Resources has raised GBP500,000, gross, through a placing of 83,333,333 new ordinary shares at 0.6p apiece with investors using the Primarybid.com platform. These funds will meet the...

  • 01 Jun
    07:05
    FLASH: Ascent gives operational update

    Story provided by StockMarketWire.com

  • 06 May
    17:18
    FTSE 100 up on resources; US jobs data disappoints

    Equities in London finished the session and week on a mixed note with blue caps up a smidgen and mid caps down a jot. Several resources issues and a blend of US rates-sensitive utilities and...

  • 06 May
    15:58
    Oil, Gas Roundup

    Ascent Resources' (LON:AST) shares plunged after the Administrative Court in Slovenia withdrew the IPPC environmental permit for the Petiaovci project. Petrol Geoterm, the contractor to Ascent's...

  • 06 May
    13:12
    Ascent's eyes options as Petisovci permit withdrawn

    Ascent Resources and its partners will consider other legal remedies and seek damages if the Slovenian Environmental Agency follows an Administrative Court decision to withdraw the IPPC...

  • 05 May
    16:06
    Oil, Gas Roundup

    LGO Energy (LON:LGO) - one of the sector's biggest fallers yesterday - suffered the biggest decline today with its shares down by more than 24.5% in late trading. LGO was one of two double-digit...

  • 05 May
    11:02
    Ascent Resources grants options

    Ascent Resources said that on May 5 it granted 71,328,006 new options exercisable at 1.58p each, the closing mid-market price on May 4. This is the first award of options since April 2013. At...

  • 04 May
    15:55
    Oil, Gas Roundup

    Xtract Resources (LON:XTR) was one of the sector's biggest fallers after it provided an operational update for the Chepica Gold Mine in Chile, including financial information, for the three months...

  • 04 May
    09:03
    Ascent losses narrow

    Ascent Resources posts a pre-tax loss of GBP3.6m for the year to the end of December - down from GBP5.6m in 2014. Total administrative expenses fell to GBP1.9m from GBP2.1m. Chairman Clive Carver...

  • 04 May
    07:15
    FLASH: Ascent losses narrow

    Story provided by StockMarketWire.com

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