We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Customisable watchlists with full streaming quotes from leading exchanges, such as LSE, NASDAQ, NYSE, AMEX, Bovespa, BIT and more.
| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Ascent Resources Plc | AST | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 2.05 | 08:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 2.05 | 2.05 | 2.05 | 2.05 |
| Industry Sector |
|---|
| OIL & GAS PRODUCERS |
| Top Posts |
|---|
Posted at 17/1/2025 10:28 by burtond1 Worth a read. Then look into #AST These guys of course just made an Investment in US Onshore Gas plus Oil & Helium with New Strategic Fundinghttps://m.uk. |
Posted at 29/12/2024 13:14 by anneagarg Ascent Resources Ascent Resources (AIM:AST), a natural resources company with a long-time focus in eastern Europe, opened up new opportunities this year while continuing to pursue legal settlements both with the Republic of Slovenia and an estranged joint venture partner.The company announced its maiden investment away from Slovenia in April, exposing shareholders to new growth in US onshore gas and helium processing through an initial investment into an operational and cash generative midstream business in the helium rich Paradox Basin.The Lisbon Plant, held by GNG Partners, in which AST now has a $1m stake worth 10pc of the company, has helium purification and liquidation facilities fed by more than 500 miles of gas gathering pipeline spanning the Paradox Basin and flowing through the Four Corners region of America. Lisbon is the sole operating independent natural gas processing plant in the Basin, with access to helium rich gas sources of up to 7-8pc helium. The 60 MMcfd plant has a 1.1 MMscfpd processing capacity for helium, a 45 MMcfd cryogenic plant and 10,000 bpd fractionation train. The partners believe the plant can produce approximately 3.4pc of US liquid helium (1.7pc of the world's liquid helium).The plant has a liquification unit which has been in care and maintenance since around 2013 (when the liquified helium price was only $62.25/Mcf as compared to today's $750-1,250/Mcf range). The partners plan to quickly recommission the unit to rapidly move back into premium markets of producing and sell liquified helium, and invest in iso-containers giving the business even greater price command.Earlier this month AST widened its footprint in the US by acquiring a 49pc interest in American Helium LLC's Utah and Colorado upstream acreage, prospective for 18.2 Bcf of natural gas (with up to 1pc helium), 2.79 MMbbls of oil and condensates and 2.34 MMboe of natural gas liquids of independently certified Proved Recoverable Reserves (1P). The Reserves have an estimated NPV10 of more than $80m.AST is alert to further opportunities strategic collaboration agreement with Delta Energy, a private oil and gas company with access to multiple hydrocarbon opportunities.In the meantime the company continues to vigorously pursue its legal cases, most notably with the Slovenian state. Prospective investors should carefully review the history of the case, but, in brief: AST has a legacy 75pc interest in the Petiovci gas project in north-eastern Slovenia, a joint venture with Slovenian partner Geoenergo, which holds the remaining 25pc. AST has invested 50m in the project since 2007, and has funded the project's development in return for 90pc of the revenues until all costs are recovered. A test result of 8.8 MMscf has been recorded, and an independent volumetric assessment of the field estimated P50 contingent gas resources of 456 Bcf. The project has been partially implemented, with gas exported to Croatia from two wells, Pg-10 and Pg-11A. A second phase envisaged levering production from the field's tight rock reservoir by means of hydraulic re-stimulation, opening the way for the re-entering and deepening of existing wells, and the construction of a processing plant through which gas would be injected into the Slovenian national gas network.But those plans were shipwrecked when the Slovenian government amended the Republic's mining law, imposing a sweeping ban on fracking. AST argues the decision was 'politically motivated'. The field's capacity to produce 'was very significantly reduced', effectively depriving the company of its right to produce gas in Slovenia and 'destroying' the value of its investments in the country's energy sector.AST has served the Republic with a notice of dispute of breaches under the UK-Slovenia bilateral investment treaty and the Energy Charter Treaty, an international agreement establishing a framework for cross-border cooperation in the energy industry. The arbitration proceedings include a monetary damages claim of more than 500m, although it is important to note as AST itself acknowledges that if the claim is successful 'any amount actually received by the Company may be significantly lower'. AST has opened up the potential gain to shareholders, establishing a special purpose vehicle to distribute an entitlement to 'the economic interest in 49pc of any net proceeds'.A second dispute continues to grind on: an arbitration claim against venture partner Geoenergo in relation to differing interpretations of Petiovci's baseline production profile, and the number of wells from which AST is entitled to receive revenues. AST is claiming 90pc of the proceeds received by Geoenergo from production in excess of the baseline production profile for all wells in the concession area. Geoenergo filed for insolvency before the claim could be settled. AST's petition against the insolvency claims a settlement of 11m.AST raised $1m earlier this year to fund its ongoing work. The company's share price is currently 2p and its market cap £5.52m. |
Posted at 24/12/2024 07:39 by burtond1 New AST presentation. Lots to like...https://wp-asce |
Posted at 20/12/2024 07:10 by burtond1 200% premium deal, American Helium, former us secretary of state and head of CIA mike pompeo name in the announcementhttps:// |
Posted at 08/10/2024 18:01 by epo001 Can someone remind me what the value of AST's claim is. If in excess of £4.2M wouldn't it be worth the Slovenian Govt buying up AST and shutting down the litigation? |
Posted at 18/9/2024 06:19 by burtond1 Fair play in these markets......a premium raise! Terrific RNS from #AST ????Ascent Resources announce it has raised gross proceeds of US$1million (£763,170) at an issue price of 2.3 pence per Subscription Share, representing a 4??3??% premium to the closing bid price on 17 September 2024https://www.lond |
Posted at 08/7/2024 08:54 by burtond1 Mega news this for #AST Shares closed up 27%!https://app.shar |
Posted at 24/6/2024 06:39 by chinese investor "AST believes the plant has the capacity to produce approximately 3.4pc of the US liquid helium production, equivalent to 1.7pc of the world’s liquid helium.The plant includes a liquification unit currently in care and maintenance which the partners want to rapidly move back into production. AST intends to provide capital for this critical value enhancing development." |
Posted at 24/6/2024 06:34 by burtond1 The race for #heliumDemand for one of the world's most critical elements is higher than ever we look at six small caps seeking to take advantage. Companies covered : #AST #JAY #GEP #HE1 #HEX #MSMNhttps://total-m |
Posted at 04/6/2024 08:12 by chinese investor And it started a couple of days ago !Chinese Investor (AST) 01 Feb 2024 - 15:22:50 The next twelve months they'll be talking about "disclosure" ! |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
