REG - Ascent Resources PLC - IPPC Permit <Origin Href="QuoteRef">ASCR.L</Origin>
RNS Number : 2798UAscent Resources PLC06 April 20166 April 2016
Ascent Resources plc
("Ascent" or "the Company")
IPPC Permit
The Board of Ascent announces an update to the market on the current position with respect to the IPPC Permit application.
In February 2016 Ascent reported that its partners in Slovenia had been informed that the Court would begin its review of Ascent's case during March 2016 and the Company were therefore optimistic that a decision could be made before the end of Q2 2016. The Company understands that the Court has begun its review as planned.
In anticipation of a positive outcome, the Company and its partners in Slovenia have released the tender for a metering and monitoring station. This will be installed at the entry point to the national grid and will measure the quantity and quality of gas produced from the Petiovci field.
Further announcements will be made in due course.
Enquiries:
Ascent Resources plc
Clive Carver, Chairman
Colin Hutchinson, Interim CEO
0207 251 4905
Stockdale Limited, Nominated Adviser
Alastair Stratton
Richard Johnston
Edward Thomas
0207 601 6100
IFC Advisory Ltd, Financial PR and IR
Graham Herring
Tim Metcalfe
Heather Armstrong
0203 053 8671
This information is provided by RNSThe company news service from the London Stock ExchangeENDTSTUVSBRNRASRAR
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