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Italy - Po Valley Ascent stake: 98% Gas
Project Background Partners 2%
  • The Po Valley has the second largest gas reserves onshore in Europe.
  • Vintage to be renamed Ascent Resources Italia.
  • Ascent holds equity in the Cento and Bastiglia exploration permits which are in the central part of the Po Valley midway between Milan and Ravenna.
  • Q1 2008 - Planning and permitting for the Gazzata-1 well in the Ascent operated Cento and Bastiglia permits. It is planned that this well will be one of the first wells to be drilled using the 200 Tonne rig owned by Perazzoli Drilling in which Ascent holds a 22.5% interest.
  • July 2005 - Ascent purchases Vintage Petroleum Italiana srl (renamed Ascent Resources Italia), a company with two gas exploration permits in Italy’s gas-rich Po Valley.
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    Po Valley - Cento and Bastiglia

    Seismic line showing Gazzata amplitude anomaly

    Map of Pliocene Isopach thickness in the Cento and Bastiglia permits, Po Valley

    Map showing outline of Gazzata prospect amplitude anomaly

    Regional location map of Po Valley and sub basins

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