Production update

RNS Number : 3594V

Ascent Resources PLC

08 April 2019

 

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

08 April 2019

Ascent Resources plc

("Ascent" or the "Company")

Production update

The Board of Ascent would like to provide the following update to shareholders on production for the month of March from the Petišovci field in Slovenia.

Total production for March was 334,410 cubic metres (11,810 Mcf / 2,036 boe) an average of 0.4 MMscfd / 66 boepd) and revenue for the month was €44,095.

Total production for February was 311,443 cubic metres (10,998 Mcf / 1,896 boe) an average of 0.4 MMscfd / 71 boepd) and revenue for the month was €44,513.

Further updates on the installation of compression equipment to increase and prolong production from the field and progress on permitting will be given in due course.

Ascent Resources plc Colin Hutchinson, CEO John Buggenhagen, COO Cameron Davies, Chairman	0207 251 4905
WH Ireland, Nominated Adviser & Broker James Joyce / Chris Viggor	0207 220 1666
Yellow Jersey, Financial PR and IR Tim Thompson / Harriet Jackson / Henry Wilkinson	0203 004 9512

 

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