Business
Presentation to Oil Capital Conference
Presentation to Oil Capital Conference.
About this update from Ascent Resources Plc
[{"type":"text","content":"\n \nRNS Number : 5276D Ascent Resources PLC 01 February 2018 \n\nAscent Resources plc / Epic: AST / Index: AIM / Sector: Oil and Gas\n \nAscent Resources plc\n(\"Ascent\" or \"the Company\")\n \nPresentation to Oil Capital Conference\n \nThe Board of Ascent Resources plc would like to inform shareholders that Colin Hutchinson, CEO of Ascent Resources, will deliver a presentation at the Oil Capital Conference taking place later today. \n \nDuring the presentation he will provide an update on January production; \n \n· Production for January 2017 was 2.6 MMscfd for 31 days of continuous production; \n· This is an increase of 14% on December (2.3 MMscfd) and a 23% increase on November (2.1 MMscfd); \n· Total production for January 2018 was approximately 79,749 MCF (2,250,000 cubic metres); compared with 69,754 MCF (1,975,207 cubic metres) for December and 60,607 MCF (1,716,172 cubic metres) for November. \n· Revenues for the year to 31 December 2017, from local and export production, will be close to €1 million; \n· Revenues for the first three months of export production (3 November 2017 to 31 January 2018) will also be close to €1 million. \n \nIn addition, he will confirm that the cash balance at 31 December 2017 was greater than £1 million.\n \nA copy of the presentation will be made available on the company website.\n \nEnquiries:\n\n\n\n\nAscent Resources plc\nClive Carver, Chairman\nColin Hutchinson, CEO\n\n\n0207 251 4905\n \n\n\n\n\nWH Ireland, Nominated Adviser & Broker\nJames Joyce / Alex Bond\n\n\n0207 220 1666\n\n\n\n\nYellow Jersey, Financial PR and IR \nTim Thompson / Harriet Jackson / Henry Wilkinson\n\n\n0203 735 8825\n\n\n\n\n \n\nThis information is provided by RNSThe company news service from the London Stock Exchange END MSCWGUQCGUPRGAG\n ","length":3958,"tagName":"div"}]