Ascent Resources plc / Epic: AST / Index: AIM / Sector: Oil and Gas
24th September 2008
Ascent Resources plc ('Ascent' or 'the Company')
Directorship Change
Ascent Resources plc, the AIM-traded oil and gas production and exploration company, announces that Patrick Heren has resigned as a non-executive director of the Company with immediate effect. The Board would like to thank Patrick for his contribution to the Company and wishes him well for the future.
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For further information visit www.ascentresources.co.uk or contact:
Jeremy Eng |
Ascent Resources plc |
Tel: 020 7251 4905 |
Hugo de Salis Victoria Thomas |
St Brides Media & Finance Ltd St Brides Media & Finance Ltd |
Tel: 020 7236 1177 Tel: 020 7236 1177 |
Max Hartley |
Cenkos Securities plc |
Tel: 020 7397 8924 |
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 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 are offshore.