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An announcement from Ascent Resources ( (GB:AST) ) is now available.
Ascent Resources Plc has successfully resumed production from four wells in the Wolf Point area, Utah, after implementing a new pressure gathering system. The initial production rates have surpassed expectations, and further work is planned to bring additional wells back into production, highlighting the company’s strategic focus on optimizing existing assets.
More about Ascent Resources
Ascent Resources Plc is a company operating in the oil and gas industry, focusing on the exploration and production of hydrocarbon resources. The company is involved in initiatives to enhance production from existing wells, particularly in regions like Utah and Colorado.
Average Trading Volume: 715,379
Technical Sentiment Signal: Sell
Current Market Cap: £2.53M
For detailed information about AST stock, go to TipRanks’ Stock Analysis page.