Holding(s) in Company

RNS Number : 2078U

Ascent Resources PLC

11 October 2010

 



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

11 October 2010

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

Holdings in Company

Ascent Resources, the AIM-traded oil and gas production and exploration company, received notification on 11 October 2010, that following a disposal of shares in Ascent on 8 October 2010, Slater Investments Limited no longer has a notifiable holding in the Company's issued share capital.

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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]
Ben Thompson	finnCap Ltd	Tel: [phone]
Joanna Weaving	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 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 would be offshore.

 

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