Ascent Resources Plc

AST

GB00BJVH7905

Oil & Gas Exploration and Production

Market Closed - London S.E. Other stock markets 11:35:13 2024-05-20 am EDT			5-day change	1st Jan Change
1.85 ^GBX	0.00%		0.00%	-51.32%

May. 10	Ascent Resources investee to begin production of gaseous helium	AN
May. 10	Ascent Resources Says Work on Lisbon Valley Facility in US Ongoing	MT

Ascent Resources investee to begin production of gaseous helium

May 10, 2024 at 09:12 am EDT

(Alliance News) - Ascent Resources PLC on Friday announced it expects sales of gaseous helium to begin shortly.

In April, the London-based oil and gas exploration company raise USD1.7 million and invested in the holding company GNG Partners LLC.

GNG, which owns the US Lisbon Valley gas and helium processing plant in Utah, said it expects the site to return to service within 6-8 weeks following a period of maintenance and improvement work.

Sales of helium are to begin immediately following the recommissioning of the facility.

Ascent shares were down 4.0% to 1.80 pence each in London on Friday afternoon.

By Elijah Dale, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Latest news about Ascent Resources Plc

Ascent Resources investee to begin production of gaseous helium	May. 10	AN
Ascent Resources Says Work on Lisbon Valley Facility in US Ongoing	May. 10	MT
Ascent Resources raises funds to finance GNG Partners outlay	Apr. 23	AN
Ascent Resources Completes Equity Raise to Fund GNG Partners Investment	Apr. 23	MT
Ascent Resources Invests $1 Million Into GNG Partners Under Gas, Helium Strategy	Apr. 23	MT
Ascent Resources plc Announces Board Changes	Apr. 23	CI
Ascent Resources subsidiary files claim against Geoenergo	Apr. 18	AN
EARNINGS AND TRADING: Alba Mineral finds gold targets at Dolgellau	Apr. 02	AN
Ascent Resources up after Slovenian government's challenge rejected	Feb. 23	AN
Tribunal Rejects Slovenia's Challenge to Ascent Resources' Claim Costs Coverage	Feb. 23	MT
Ascent Resources notes Geoenergo insolvency approved	Jan. 19	AN
Ascent Resources staves off Geoenergo insolvency amid claim pursuit	Jan. 15	AN
AIM WINNERS & LOSERS: IQGeo rises as annual revenue soars	Jan. 15	AN
Ascent Resources' joint venture partner begins insolvency proceedings	Jan. 08	AN
Ascent Resources to Challenge JV Partner’s Insolvency Proceedings; Shares Plunge	Jan. 08	MT
Guild Esports hails Counter-Strike-focused deal	Dec. 21	AN
Ascent Resources plans shareholder return if legal case wins	Dec. 01	AN
Ascent Resources Plc Appoints Jean-Michel Doublet as Independent Non-Executive Director	Nov. 21	CI
Echo Energy hires new CEO as director promoted to chair	Nov. 14	AN
Ascent wins legal ruling; Pendragon deals approved	23-10-25	AN
Ascent Resources Plc Announces Directorate Change	23-10-25	CI
Ascent Resources Jumps 15% After Signing Partnership with MBD	23-10-03	MT
Ascent Resources shares rise as MBD Partners buys shares at premium	23-10-03	AN
Ascent Resources sees revenue rise on successful dispute settlement	23-09-28	AN
Earnings Flash (AST.L) ASCENT RESOURCES Posts H1 Revenue GBP1.4M	23-09-28	MT

Ascent Resources plc is an independent oil and gas exploration and production (E&P) company. The Company is focused on onshore European and Hispanic American projects. The Company is focused on special situations. It operates the Petisvoci tight gas project in Slovenia. The Company holds a 75% interest in the Petisovci Project. The Company's Petisovci Project lies in the north-eastern corner of Slovenia on the borders with Hungary and Croatia.

Sector

Oil & Gas Exploration and Production

Calendar

2024-06-26 - Q4 2023 Earnings Release (Projected)

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Sector Other Oil & Gas Exploration and Production

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Other Oil & Gas Exploration and Production

Ascent Resources Plc

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AST

GB00BJVH7905

Oil & Gas Exploration and Production

Ascent Resources investee to begin production of gaseous helium

Latest news about Ascent Resources Plc

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Sector Other Oil & Gas Exploration and Production