Anagni-1 Log Results

Ascent Resources PLC
16 July 2007

      Ascent Resources plc / Epic: AST / Index: AIM / Sector: Oil and Gas

16 July 2007

                Ascent Resources plc ('Ascent' or the 'Company')

                              Anagni-1 Log Results



Ascent Resources plc, the AIM traded oil and gas exploration and production
company, has completed logging operations in the Anagni-1 well located in the
Frosinone Exploration Permit in the Latina Valley in Italy.  The results of
logging and core sampling are encouraging and now a production test over a 450
metre section of potential reservoir is planned.


The Anagni-1 well has been deepened from 971 metres to a current total depth of
1,355 metres. As previously, total loss of circulation was experienced
throughout and the only rock samples recovered to surface were four cores, which
all had traces of oil. These are detailed below.


The analysis of log data indicates that the complete section is drilled in a
continuous limestone with extensive dolomitised zones totalling over 140 metres
within the 450 metres gross thickness.  Porosity in the dolomite frequently
exceeds 10%.  From the core data, the limestones area of Miocene and late
Cretaceous age.


The core samples recovered to surface were from the intervals as detailed below.


      Core                       Depth                                Recovery
       1                   1,073 to 1,089 m                              33%
       2                   1,100 to 1,106 m                             100%
       3                   1,200 to 1,206 m                              95%
       4                   1,349 to 1,355 m                              30%


Subject to the necessary approvals, it is planned to complete the well with a
downhole pump and to test it over the coming weeks.  The pump is necessary to
recover substantial quantities of mud and water lost while drilling.  Before the
test commences it is planned to move the drilling rig to the nearby Fiume Arrone
exploration permit where the Arrone-1 gas exploration well is to be drilled.


Ascent has an 80% interest in the Frosinone exploration permit and Pentex Italia
Limited has a 20%interest.


Ascent's Managing Director Jeremy Eng said, 'The results that we have from this
well to date are promising and as we had anticipated, the geological provenance
of this area is good.  The nearest proven oil is 45km to the south east and
everything between that and Anagni-1 is within the Frosinone Exploration Permit,
which we believe has the possibility to contain a number of similar structures.'


The information contained in this announcement has been reviewed and approved by
Dr Eloi Dolivo, Ascent's Exploration Manager and Dr Clive Ninnes, Ascent's
Engineering Manager.  Dr Dolivo (member of the AAPG) and Dr Ninnes (member of
SPE) both having 26 years experience in the evaluation of hydrocarbon resources.


                                  * * ENDS * *


For further information visit www.ascentresources.co.uk or contact:

Jeremy Eng            Ascent Resources plc                  Tel: [phone]

Hugo de Salis         St Brides Media & Finance Ltd         Tel: [phone]



Notes:

Ascent Resources has a portfolio of over 20 gas and oil projects across six
countries in Europe. The projects are onshore in Italy, Switzerland, Hungary,
Spain, Slovenia and offshore Netherlands.  The Company operates Spain's only
onshore oilfield where production currently averages over 110 barrels of oil per
day. With the stable European gas market, Ascent's portfolio favours gas over
oil. With the exception of the Netherlands, all of its projects are located
onshore where operating and development costs are substantially lower than they
are offshore.


                      This information is provided by RNS
            The company news service from the London Stock Exchange