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Italy - Latina Valley Ascent stakes: 40% - 70% Oil & Gas
Project Background Partners 30%-60%
2007: Anagni-1 exploration well drilled in the Latina valley concession south east of Rome. A new operating permit was issued in Q4 2007 for the continuation of the Anagni-1 production test and for a plug-back at the bottom of the open-hole section to ensure a conclusive test result.
  • December 2005: Ascent acquired 40% participating interest in the 358 sq km coastal Fiume Arrone Exploration Permit west of Rome.
  • July 2005: Ascent farm-in to Pentex Italia's Latina Valley Acreage.
  • July 2005: Ascent farm-in to Pentex Italia's Latina Valley Acreage.
  • Ascent operates the Frosinone oil exploration permit with a working interest of 70% and drilled the Anagni-1 well in the second half of 2007.
  • Ascent has a 50% working interest in the Strangolagalli Concession (excluding Ripi oilfield) which contains the Veroli prospect.
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    Latina Valley - Fiume Arrone, Frosinone & Strangolagalli

    Anagni Prospect

    Time map at top Carbonate platform

    Geological cross-section through the Frosinone exploration permit

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