Holding(s) in Company

RNS Number : 2736J
Ascent Resources PLC
26 March 2010
 



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

26 March 2010

Ascent Resources plc ('Ascent' or 'the Company')

Holdings in Company

 

Ascent was informed on the 26 March 2010 by Tiger Resource Finance Plc ('Tiger Resource Finance'), that as at 16 March 2010, Tiger Resource Finance was interested in 17,642,857 ordinary shares, representing 3.4% of the issued share capital of the Company.

 

* * ENDS * *

 

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

Lindsay Mair

Astaire Securities         

Tel: 020 7448 4400

Jerry Keen

Astaire Securities (Corporate Broking)

Tel: 020 7448 4492

Toby Gibbs

Astaire Securities         

Tel: 020 7448 4400

Daniel Fox-Davies

Fox-Davies Capital Ltd

Tel: 020 7936 5200

James Hehn

Fox-Davies Capital Ltd

Tel: 020 7936 5200

 

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.


This information is provided by RNS
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