AGM Statement

RNS Number : 6141Z

Ascent Resources PLC

22 July 2008

 



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

22 July 2008

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

AGM Statement

Ascent Resources plc, the AIM-traded oil and gas exploration and production company, held its Annual General Meeting today and all resolutions were duly passed.

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

Jeremy Eng	Ascent    Resources plc	Tel: [phone]
Hugo de Salis Victoria Thomas	St Brides Media & Finance Ltd St Brides Media & Finance Ltd	Tel: [phone] Tel: [phone]
Max Hartley	Cenkos Securities plc	Tel: [phone]

Notes

Ascent Resources plc has a diversified portfolio of some 20 hydrocarbon exploration and development projects across five countries in Europe: Italy, Switzerland, Hungary, Slovenia and Netherlands. Ascent's portfolio contains a solid base of field development and appraisal projects with selected exposure to exploration upside. The portfolio is focussed on gas and with the exception of the shallow water Netherlands project, all of its projects are located onshore where operating and development costs are substantially lower than they are offshore.

 

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