Issue of Equity

Ascent Resources PLC
19 December 2007



                             ASCENT RESOURCES PLC
                         ('Ascent' or the 'Company')

                               Issue of Equity


Ascent announces that it has issued and allotted 875,000 ordinary shares of 0.1p
each ('Ordinary Shares') pursuant to an exercise of warrants at an exercise
price of 12p per share.  Application has been made to the London Stock Exchange
for the Ordinary Shares, which will rank pari passu with existing shares in
issue, to be admitted to trading on AIM, and admission is expected to become
effective on 24 December 2007.

The total number of Ordinary Shares in the Company in issue following the
additional listing will be 302,592,042.


Ends


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