Ascent Resources plc has raised gross US$1million (£763,170) via a direct subscription at a 43% premium. The company issued 33,181,304 new ordinary shares of 0.5p each to oil and gas investor CB Energy VI, LLC at a price of 2.3 pence per new share. Following completion of the subscription and admission, CB Energy will have […]
Tag: Ascent Resources plc
Ascent appoints Edouard Etienvre as NED
Ascent Resources plc has appointed Edouard Etienvre to the board as an independent non-executive director. Mr Etienvre is a finance and commercial executive with more than 18 years’ experience in the oil and gas sector. He initially worked in the banking sector (reserve-based lending) and recently with private and public E&P companies, commodities trading houses, […]
Ascent changes board in strategic deal
Ascent Resources plc plans to appoint Ibrahim Diab as executive chairman and has appointed Lionel Therond as chief financial officer. The changes are in a “strategic collaboration” with Delta Energy Corp SARL. Mr Diab and Eric Faillenet, former managing director at Carlyle International Energy Partners and previously a Perenco senior executive, co-founded London and Luxembourg based-Delta. […]
Ascent to appoint David Bullion as NED
Ascent Resources plc intends to appoint David Bullion as a non-executive director, among other board changes, as the company adds the mid-stream sector to its portfolio. Mr Bullion is CIO of American Helium and CEO of GNG Partners LLC, before which he held senior positions across the world during his 20 years with BP. Ascent […]
Ascent Slovenia operating agreement cancelled
Ascent Resources plc said its Slovenia partner’s administrator had terminated the restated joint operating agreement (RJOA) on the same date as the opening of its partner’s insolvency proceedings. PRECAUTION The termination is under default rules of Slovenian Obligations Code. The Petišovci onshore gas joint venture is between Ascent Slovenia Ltd (ASL) and Geoenergo d.o.o. which […]
Ascent Slovenia partner’s insolvency approved
Ascent Resources plc said that the high court has given final approval of its Slovenia joint venture partner Geoenergo d.o.o.’s insolvency. TENDER The company has stated it is owed approximately €8,000,000 of revenues which Geoenergo has already received. Ascent said it was still working to register Ascent Slovenia Ltd (ASL)’s claim in the insolvency proceedings […]