Director's Dealings

RNS Number : 5148W

Ascent Resources PLC

19 November 2010

 



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

19 November 2010

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

Director's Dealings

Ascent Resources plc, the AIM-traded oil and gas exploration and production company, announces that on 19 November 2010, Cameron Davies, Non Executive Director of Ascent, purchased 150,000 ordinary shares of 0.1p in the Company at a price of 6.425p per share.  Following this purchase, Mr. Davies is interested in 150,000 ordinary shares in the Company, representing 0.029 per cent. of the issued share capital of the Company.

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

Jeremy Eng	Ascent  Resources plc	Tel: [phone]
Simon Cunningham	Ascent  Resources plc	Tel: [phone]
Sarah Wharry	finnCap Ltd	Tel: [phone]
Henrik Persson	finnCap Ltd	Tel: [phone]
Hugo de Salis	St Brides Media & Finance Ltd	Tel: [phone]

Notes

Ascent Resources plc has a diversified portfolio of hydrocarbon exploration and development interests across five countries in Europe: Italy, Switzerland, Hungary, Slovenia and Netherlands.  Its portfolio contains a solid base of field redevelopment 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 would be offshore.

 

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