REG - Ascent Resources PLC - Board Changes

Ascent ResourcesAnnouncement

30/07/2025 07:02

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RNS Number : 0844T  Ascent Resources PLC  30 July 2025

 

30 July 2025

Ascent Resources plc

("Ascent" or the "Company")

 

Ascent Resources Plc (LON: AST), the onshore US focused oil & gas company,
is pleased to announce the appointment of Mr Jean-Michel Doublet as
Independent Non-Executive Chairman and Mr David Patterson as an Executive
Director with immediate effect.

Jean-Michel was initially appointed to the Board on 21 November 2023 as an
independent Non-Executive Director and since 22 May 2025 has held the position
of Interim-Chairman.

The Company is also pleased to announce that, further to the announcements on
22 May 2025 and 9 July 2025, David Patterson, CEO of the Company, has been
appointed as an Executive Director to the Board with immediate effect,
following the completion of standard regulatory checks.

David is an experienced oil and gas explorer and geologist with over 43 years
oil and gas experience onshore US, including several years in Utah and
Colorado, most notably as VP Geology for Rose Petroleum Plc (now called Zephyr
Energy Plc) where he led the evaluation of over 250,000 acres of leases in
Utah. David held previous roles, including VP and manager of Exploration, VP
of Geology, Supervisor of Reserves and Senior Geological Engineer, through his
career and is based in Colorado.

The following information is disclosed in accordance with Rule 17 and
paragraph (g) of Schedule 2 of the AIM Rules for Companies in connection with
the appointment of David Patterson, aged 66, to the Board of the Company.

 Current Directorships   Past Directorships
 Strike Exploration LLC
 Navarro Energy

There are no other matters under paragraph (g) of Schedule 2 of the AIM Rules
to be disclosed.

Jean-Michel Doublet, Chairman commented:

"We are delighted that David is joining the Board, as CEO and Executive
Director. I, in my new role as Chairman of the Company, together with the rest
of the Board welcome David and look forward to working with him to deliver the
Company's ambitious strategy in the US."

Enquiries

 Ascent Resources plc                      info3@ascentresources.co.uk

 Jean-Michel Doublet
 Zeus, Nominated Adviser & Broker          0203 829 5000

 James Joyce / James Bavister
 Novum Securities, Joint Broker            0207 399 9400

 Jon Belliss / Colin Rowbury
 Fortified Securities, Joint-Broker        0203 411 7773

 Guy Wheatley
 Shard Capital Partners LLP, Joint-Broker  0207 186 9952

 Damon Heath

 

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