New 3-D seismic is being processed with results expected in March 2010 and it is planned to drill two wells in the three Ascent Resources permits in eastern Slovenia in 2010.  Oil and gas was previously discovered in wells that were drilled in the 1950’s and 1960’s but these discoveries were not developed.  Depending on the results of the seismic, both exploration and appraisal wells will be considered.

Ascent interest: 40%

Ascent subsidiary: Nemmoco Slovenia Corporation (Slovenia)