Business
Appointment of Broker and Nom
Appointment of Broker and Nom.
About this update from Ascent Resources Plc
[{"type":"text","content":"\n RNS Number : 3066C Ascent Resources PLC 11 November 2009 \nAscent Resources plc / Epic: AST / Index: AIM / Sector: Oil and Gas\n11 November 2009\nAscent Resources plc ('Ascent' or 'the Company')\nAppointment of Broker and Nominated Adviser\n \nAscent Resources plc, the AIM-traded oil and gas production and exploration company, has appointed Astaire Securities plc ('Astaire') as its broker and nominated adviser with immediate effect.\n\nAscent Managing Director Jeremy Eng said, \"We are pleased to appoint Astaire as broker and nominated adviser to the Company. Its specialist skills in the oil and gas sector, together with its wide-ranging relationships with resource investors in the UK and internationally, make it an ideal addition to our advisory team.\"\n\nFox-Davies Capital continues to act as co-broker for Ascent.\n\n* * ENDS * *\n\nFor further information visit www.ascentresources.co.uk or contact:\n\n\n\n\nJeremy Eng\n\n\nAscent Resources plc\n\n\nTel: 020 7251 4905\n\n\n\n\nHugo de Salis\n\n\nSt Brides Media & Finance Ltd\n\n\nTel: 020 7236 1177\n\n\n\n\nLindsay Mair\n\n\nAstaire Securities plc \n\n\nTel: 020 7448 4400\n\n\n\n\nJerry Keen\n\n\nAstaire Securities plc \n\n\nTel: 020 7448 4400\n\n\n\n\nToby Gibbs\n\n\nAstaire Securities plc \n\n\nTel: 020 7448 4400\n\n\n\n\n\nNotes\nAscent 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 are offshore. Ascent also has an oil and gas asset management joint venture with San Severina Holdings SA, a Swiss based investment company, which is foc...