Last checked at 1 Jun 2023 13:54
Ascent Resources bids to buy Amur Minerals with all-share offer
(Alliance News) - Ascent Resources PLC on Thursday said it wants to buy fellow London listing Amur Minerals Corp in an all-share deal.
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Ascent Resources Information
Share Price Information for Ascent Resources (AST)
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Share Price:
2.00
Bid:
1.90
Ask:
2.10
Change:
0.00 (0.00%)
Spread:
0.20 (10.526%)
Open:
2.00
High:
2.00
Low:
2.00
Prev. Close:
2.00
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Don't have an account? Click here to register.Ascent Resources raises £500,000 in discounted placing
Wed, 01st Jun 2016 12:50
(ShareCast News) - Shares in Slovenia-focused Ascent Resources dived about 30% after it raised £500,000 in a discounted placing of 83.33m shares, giving it sufficient working capital until the end of third-quarter 2016.The oil and gas exploration and production company raised the money at 0.6p a share. Proceeds would also enable Ascent to order certain long-lead items required to achieve an alternative route to market for gas from the Petisovci field.The company said its preferred route to market had for some time been one cheaper, quicker and independent of the Integrated Pollution Prevention & Control application process in Slovenia, and which did not require a standalone processing plant. "In the past few days one of the two legal agreements required to progress this route has been agreed by the project team and is now with the various boards of the entities concerned for formal approval," the company said"The second agreement is at an advanced stage and the expectation of the project group is that it will be approved before the end of June. Signing the agreements on schedule means that the company will be positioned to achieve its goal of commercial gas production in 2016."Accordingly, the company has begun to issue purchase orders for some of the longer-lead items required to commence production and looks forward to providing shareholders with a more detailed explanation of the route once contracts have been signed."Earlier in May, Slovenia's Administrative Court rejected a June 2015 environmental permit issued for a gas processing plant at Petisovci.
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IN BRIEF: Ascent Resources to sue settlement payment to fund operation
Ascent Resources PLC - Latin America and Europe-focused energy and natural resources company - Says it expects to begin PG-11A well maintenance and operation works once it receives the payment from the settlement agreement announced on Wednesday. Ascent announced on Wednesday that it Slovenian subsidiary Ascent Slovenia Ltd would agreed to settle a revenue dispute with Geoenergo for EUR1.7 million, of which it will receive EUR288,689 - the balance after it pays EUR1.4 million in a separate settlement with Petrol Geo.
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Ascent Resources settles disputes with Geoenergo and Petrol Geo
(Alliance News) - Ascent Resources PLC on Tuesday said it has agreed to settle a portion of its revenue recognition claim against Geoenergo, and to settle its dispute with the joint venture service provider Petrol Geo.
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IN BRIEF: Ascent Resources to begin Slovenia maintenance works
Ascent Resources PLC - Latin America and Europe-focused energy and natural resources company - Says maintenance works for Slovenia operations is expected to begin this months. It will take ten days to complete following the arrival of long lead items to site. Follows announcement on December 1. Says it will provide an update on the outcome of the operation in due course.
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IN BRIEF: Ascent Resources narrows loss, continues Slovenian claim
Ascent Resources PLC - onshore Caribbean, Hispanic American and European-focused natural resources company - In the first half of the year, records no revenue. Pretax loss narrows to GBP622,000 from GBP1.1 million year-on-year. Since period-end, receives historic revenue from PG-10 and PG-11A wells, which is will recognise in its next annual accounts, along with the associated production costs. Produces 672,100 cubic metres of gas and 21,885 litres of condensate over the period.
Read more15 Aug 2022 18:00
IN BRIEF: Ascent Resources files arbitration request against Slovenia
Ascent Resources PLC - onshore Caribbean, Hispanic American and European-focused natural resources company - Formally submits request for arbitration against the Republic of Slovenia, which includes an updated preliminary damages assessment in excess of EUR500 million.
Read more12 Aug 2022 12:58
Ascent receives first revenue payment from Slovenia partner
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Ascent Resources shares up on first payment from JV partner
(Alliance News) - Ascent Resources PLC on Friday said it has received a first payment from its Slovenian joint venture partner following a dispute over revenue recognition.
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UK shareholder meetings calendar - next 7 days
| Tuesday 9 August | |
| APQ Global Ltd | AGM |
| Goodbody Health Inc | AGM |
| Goodbody Health Inc | GM re delisting from Canadian Securities Exchange |
| Wednesday 10 August | |
| AssetCo PLC | GM re share split |
| Ariana Resources PLC | AGM |
| Cadence Minerals PLC | AGM |
| CML Microsystems PLC | AGM |
| Foresight Group Holdings Ltd | AGM |
| Mountview Estates PLC | AGM |
| Unbound Group PLC | GM re open offer |
| Thursday 11 August | |
| Inspecs Group PLC | AGM |
| Marks Electrical Group PLC | AGM |
| Silver Bullet Data Services Group PLC | AGM |
| Friday 12 August | |
| iEnergizer Ltd | AGM |
| Ironveld PLC | GM re proposals to remove directors |
| Old Mutual Ltd | GM |
| Pineapple Power Corp | AGM |
| Monday 15 August | |
| Ascent Resources PLC | GM re annual report |
| Corcel PLC | AGM |
| Coro Energy PLC | GM re annual report |
| Forward Partners Group PLC | AGM |
| Ince Group PLC | GM re fundraise |
| Red Rock Resources Plc | GM convertible loans |
| Schroders PLC | GM re dual class share structure |
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