Business
Sale Update
Sale Update.
About this update from Ascent Resources Plc
[{"type":"text","content":"\n Ascent Resources PLC\n13 November 2007\n\n\n Ascent Resources plc / Epic: AST / Index: AIM / Sector: Oil and Gas\n\n Ascent Resources plc ('Ascent' or 'the Company')\n\n Sale Update\n\n\nFurther to Ascent's announcement on 25 October 2007, the Company is pleased to\nannounce that, on 12 November 2007, the shareholders of Leni Gas and Oil plc \n('Leni Gas and Oil') approved the acquisition of the entire issued share capital\nof Ascent's wholly owned subsidiary Compagnine Petrolifera De Sedano. The\ntransaction remains conditional on the issue and allotment of 8 million ordinary\nshares of 0.05p each in the capital of Leni Gas and Oil which is expected to\ntake place by 15 November 2007.\n\n\n * * ENDS * *\n\n\nFor further information visit www.ascentresources.co.uk or contact:\n\nJeremy Eng Ascent Resources plc Tel: 020 7251 4905\n\nHugo de Salis St Brides Media & Finance Ltd Tel: 020 7242 4477\n\n\n This information is provided by RNS\n The company news service from the London Stock Exchange \n ","length":1297,"tagName":"div"}]