Ascent Resources plc / Epic: AST / Index: AIM / Sector: Oil and Gas
28 June 2010
Ascent Resources plc ('Ascent' or 'the Company')
AGM Statement
Ascent Resources plc, the AIM-traded oil and gas exploration and production company, held its Annual General Meeting today and all resolutions were duly passed.
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For further information visit www.ascentresources.co.uk or contact:
Jeremy Eng |
Ascent Resources plc |
Tel: 020 7251 4905 |
Simon Cunningham |
Ascent Resources plc |
Tel: 020 7251 4905 |
Hugo de Salis |
St Brides Media & Finance Ltd |
Tel: 020 7236 1177 |
Paul Youens |
St Brides Media & Finance Ltd |
Tel: 020 7236 1177 |
Jerry Keen |
Astaire Securities (Corporate Broking) |
Tel: 020 7448 4492 |
Gavin Burnell |
Astaire Securities |
Tel: 020 7448 4400 |
Toby Gibbs |
Astaire Securities |
Tel: 020 7448 4400 |
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.