Ascent Resources PlcLSE: AST

Statement re. Press Speculation

RNS Number : 5935P
Ascent Resources PLC
26 October 2012
 

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

26 October 2012

Ascent Resources plc

('Ascent' or 'the Company')

Statement re. Press Speculation

Further to recent media reports regarding Nafta Industrija Srbije AD, the Serbian oil and gas company controlled by OAO Gazprom Neft, Ascent Resources plc, the AIM listed European oil and gas production and exploration company confirms it is in negotiations with a number of parties regarding a farm out of its Slovenian asset.  At this point, there can be no guarantee an agreement will be reached.  The Company will make any further announcement, if appropriate, in due course.

Enquiries:

Investors

Scott Richardson Brown

Ascent Resources plc

Tel:  020 7251 4905

Matt Goode

Charlotte Stranner

Ben Thompson

finnCap (NOMAD & Broker)

Tel:  020 7220 0500

Press

Anthony Cardew

Alexandra Stoneham

Cardew Group

Tel:  020 7930 0777

Notes:

Ascent Resources plc has a diversified portfolio of hydrocarbon exploration and development projects across five countries in Europe: Slovenia, Italy, Switzerland, Hungary, and the Netherlands. 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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