UK smallcap opening - Ascent Resources drops on disappointing update |
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Published
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Tue, 08 Jan 2008 08:40
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LONDON (Thomson Financial) - Ascent Resources PLC fell in early trade, dropping 3-1/2 pence to 13 pence, as it said it has yet to find hydrocarbons at its Anagni-1 well in the Frosinone exploration permit in the Latina Valley, onshore Italy.However, the AIM-listed oil and gas exploration and production company said it will continue testing the well until it gets a conclusive result.Managing director Jeremy Eng said: 'The results of this well are very important for hydrocarbon exploration in this region and represent the first stage of the exploration of a new reservoir system in the Frosinone exploration permit area.'tf.TFN-Europe_newsdesk@thomson.comhmb/slmCOPYRIGHTCopyright Thomson Financial News Limited 2007. All rights reserved.The copying, republication or redistribution of Thomson Financial News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Financial News.
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Quotes * |
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NASDAQ
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1445.56 |
-46.82 (
-3.19 %)
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| SYMBOL (
2008-12-04 ) |
| LAST |
CHANGE
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BG GROUP
(
11:35am )
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850.00 |
+50.50 (
6.27 %)
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NEXT
(
11:35am )
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1058.00 |
+45.00 (
4.49 %)
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SABMILLER
(
11:35am )
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1076.00 |
+31.00 (
2.95 %)
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| SYMBOL (
2008-12-04 )
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| LAST |
CHANGE
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DUPONT
(
4:01pm ) |
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23.69 |
+0.08 (
0.36 %)
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2008-12-04 )
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