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Anagni Seismic - Preliminary
Anagni Seismic - Preliminary.
About this update from Ascent Resources Plc
[{"type":"text","content":"\n RNS Number : 9901C Ascent Resources PLC 09 September 2008 \n \nAscent Resources plc / Epic: AST / Index: AIM / Sector: Oil and Gas\n9th September 2008\nAscent Resources plc ('Ascent' or 'the Company')\nAnagni Seismic - Preliminary Results\n\n \nAscent Resources plc, the AIM-traded oil and gas production and exploration company, has received the preliminary results of the seismic acquisition programme on the Frosinone Exploration Permit in the Latina Valley, onshore Italy. The 31 km of new 2-D seismic data indicated that the structure drilled last year by the Anagni-1 well continues up dip in an easterly direction. The new seismic data is of better quality than the previous data acquired in 1980 and 1982 and provides acceptable imaging of the shallower geological horizons, which could not be resolved with the original seismic.\n\nAscent Managing Director Jeremy Eng said, 'These results from the new seismic are encouraging and planning for the drilling of another Anagni appraisal well can now start. Although the work load of the Perazzoli rigs (Ascent 22.5%) remains high, as the permitting process proceeds, we would hope that we will be able to confirm the availability of a drilling unit in the near future.'\n\nThe information contained in this announcement has been reviewed and approved by Eloi Dolivo, Ascent's Senior Exploration Advisor who has 28 years relevant experience in the oil and gas industry.\n\n* * ENDS * *\n\nFor further information visit www.ascentresources.co.uk or contact:\n\n\n\n\nJeremy Eng\n\n\nAscent Resources plc\n\n\nTel: 020 7251 4905\n\n\n\n\nHugo de Salis\nVictoria Thomas\n\n\nSt Brides Media & Finance Ltd\nSt Brides Media & Finance Ltd\n\n\nTel: 020 7236 1177\nTel: 020 7236 1177\n\n\n\n\nMax Hartley\n\n\nCenkos Securities plc \n\n\nTel: 020 7397 8924\n\n\n\n\n\nNotes\n\nAscent Resources plc has a diversified portfolio of some 20 hydrocarbon exploration and development projects across five countries in Europe: Italy, Switzerland, Hungary, Slovenia and Netherlands. Ascent’s portfolio contains a solid base of field redevelopment projects with selected exposure to exploration upside. The portfolio ...