Holding(s) in Company

RNS Number : 2736J

Ascent Resources PLC

26 March 2010

 



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

26 March 2010

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

Holdings in Company

Ascent was informed on the 26 March 2010 by Tiger Resource Finance Plc ('Tiger Resource Finance'), that as at 16 March 2010, Tiger Resource Finance was interested in 17,642,857 ordinary shares, representing 3.4% 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]
Simon Cunningham	Ascent  Resources plc	Tel: [phone]
Hugo de Salis	St Brides Media & Finance Ltd	Tel: [phone]
Paul Youens	St Brides Media & Finance Ltd	Tel: [phone]
Lindsay Mair	Astaire Securities	Tel: [phone]
Jerry Keen	Astaire Securities (Corporate Broking)	Tel: [phone]
Toby Gibbs	Astaire Securities	Tel: [phone]
Daniel Fox-Davies	Fox-Davies Capital Ltd	Tel: [phone]
James Hehn	Fox-Davies Capital 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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