EGM Statement

RNS Number : 5022F

Ascent Resources PLC

09 October 2008

 



9th October 2008

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

EGM Statement

Ascent Resources plc, the AIM-traded oil and gas exploration and production company, held its Extraordinary General Meeting today and the Special Resolution to adopt new Articles of Association was duly passed.

Acopy of the new Articles of Association will be available on the Company's website at www.ascentresources.co.uk

**ENDS**

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

Jeremy Eng                  Ascent Resources plc                        Tel: [phone]

Hugo de Salis             St Brides Media & Finance Ltd        Tel: [phone]

Victoria Thomas       St Brides Media & Finance Ltd        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 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.

 

END

 

 

EGMFSUFDUSASELS