Holding(s) in Company

RNS Number : 8242V

Ascent Resources PLC

17 July 2009

 



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

17 July 2009

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

Holdings in Company

Ascent Resources plc, the AIM-traded oil and gas production and exploration company, was informed on 13 July 2009 by Barclays plc, that as at 10 July 2009, Barclays plc was interested in 23,100,694 ordinary shares of 0.1 pence each in the Company, representing approximately 7.17% 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]
Hugo de Salis	St Brides Media & Finance Ltd	Tel: [phone]
Max Hartley	Cenkos Securities plc	Tel: [phone]

Notes

Ascent Resources plc hasa 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. Ascent also has an Asset Management Joint Venture with San Severina Holdings SA for the acquisition of interests in oil and gas development and appraisal projects worldwide.

 

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