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Share Price: 2.10

Bid: 2.00

Ask: 2.20

Change: -0.20 (-9.52%)

Spread: 0.20 (10.00%)

Open: 2.10

High: 2.10

Low: 1.90

Prev. Close: 2.10

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Ascent Resources Shares Up As It Restructures EnQuest Debt (ALLISS)

Thu, 09th Jul 2015 08:01

LONDON (Alliance News) - Ascent Resources PLC shares were trading higher on Thursday morning after the company said it had agreed a restructuring of its debt owed to fellow London-listed oil and gas company EnQuest PLC.

Ascent said a total of GBP3 million had been due to be paid to EnQuest on December 20 this year, related to the agreement the pair entered in 2010 to Ascent to buy EnQuest's stake in the Peti?ovci project in Slovenia.

Under the new agreement, which has been restructured into GBP2 million in convertible loan notes granted to EnQuest.

Following the issue of the loan notes, EnQuest's stake in Ascent will rise to 16% from the 9.3% it currently holds.

Ascent shares were up 8.3% to 0.26 pence on Thursday.

By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance

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18 Feb 2019 16:05

Ascent Resources Hires Ex-Eland CFO As Non-Exec, Appoints COO To Board

LONDON (Alliance News) - Ascent Resources PLC said Monday it has appointed Louis Castro as non-executive director to replace Nigel Moore, who has retired from the company's board.Moore

4 Feb 2019 12:30

Ascent Resources still awaiting key Slovenian permits

(Sharecast News) - Independent oil and gas exploration company Ascent Resources expressed frustration with the Slovenian government on Monday following repeated requests for further information regarding its operations in the Eastern European nation.

4 Feb 2019 12:06

Ascent Resources Remains "Hopeful" Of Securing Slovenian Permits

LONDON (Alliance News) - Ascent Resources PLC on Monday said it remains hopeful that the Slovenian authorities will grant the company the permits it applied for "without a further unnecessary

21 Jan 2019 10:21

Ascent Resources Raises GBP330,000 To Pursue New Strategy (ALLISS)

LONDON (Alliance News) - Ascent Resources PLC said Tuesday it has raised GBP331,603 in net proceeds via a share issue to develop its Petisovci project in Slovenia and pursue opportunities outside

18 Jan 2019 17:25

Ascent Resources To Raise Funds For New Strategy, Price 20% Discount (ALLISS)

LONDON (Alliance News) - Oil and gas explorer Ascent Resources PLC said Friday it will offer shares in the company at 0.30 pence each, without specifying how much it was targeting to in Ascent at

14 Jan 2019 11:37

Ascent Resources eyes expansion beyond Slovenian border

(Sharecast News) - Ascent Resources has resumed its previous strategy of expanding beyond the Eastern European nation of Slovenia, even as it continues to focus on moving forward its Petisovci project.

14 Jan 2019 09:45

Ascent Resources To Consider Options Outside Slovenia, Refreshes Board

LONDON (Alliance News) - Ascent Resources PLC on Monday said it has resumed its previous strategy to expand its interests beyond Slovenia while continuing to focus on a way forward to develop the

6 Dec 2018 10:38

Ascent Resources Halts Review And Sale Process Amid Slovenian Woes

LONDON (Alliance News) - Shares in Ascent Resources PLC fell on Thursday as the company said that it has halted its strategic review and formal sale process due to uncertainty related to the of of

7 Nov 2018 12:00

Ascent Resources Unable To Contact Slovenian Environment Minister

LONDON (Alliance News) - Ascent Resources PLC said Wednesday it has been unable to contact the Slovenian Environment Minister after he announced last week his department would review Ascent's

30 Oct 2018 10:41

WINNERS & LOSERS SUMMARY: Ocado Surges After Inking Deal With Kroger

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Tuesday.----------FTSE 100 - Group, 7.2%. The online grocer said it has and

30 Oct 2018 09:29

Ascent Resources to take Slovenia to court after further permit delays

(Sharecast News) - Ascent Resources updated the market on the status of its IPPC permit application on Tuesday, reporting that since August it had received repeated private assurances from senior officials at the Slovenian Environment Agency - the lead regulator in the award of permits - that the issue of the long-awaited permit had been approved and would be confirmed imminently.

1 Oct 2018 10:59

Latest Share Chat

Ascent Resources Share News (AST)

Share Price Information for Ascent Resources (AST)

Ascent Resources Shares Up As It Restructures EnQuest Debt (ALLISS)

Ascent Resources Hires Ex-Eland CFO As Non-Exec, Appoints COO To Board

Ascent Resources still awaiting key Slovenian permits

Ascent Resources Remains "Hopeful" Of Securing Slovenian Permits

Ascent Resources Raises GBP330,000 To Pursue New Strategy (ALLISS)

Ascent Resources To Raise Funds For New Strategy, Price 20% Discount (ALLISS)

Ascent Resources eyes expansion beyond Slovenian border

Ascent Resources To Consider Options Outside Slovenia, Refreshes Board

Ascent Resources Halts Review And Sale Process Amid Slovenian Woes

Ascent Resources Unable To Contact Slovenian Environment Minister

WINNERS & LOSERS SUMMARY: Ocado Surges After Inking Deal With Kroger

Ascent Resources to take Slovenia to court after further permit delays

Ascent Resources Expects Permit Soon As September Production To Drop

Ascent Resources 'greatly encouraged' by recent progress

Ascent Resources Loss Narrows, Awaits Outstanding Petisovci Permits

Ascent Resources Reports Drop In August Gas Production

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