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REG - Ascent Resources PLC - IPPC Permit <Origin Href="QuoteRef">ASCR.L</Origin>

RNS Number : 2798U
Ascent Resources PLC
06 April 2016

6 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 RNS
The company news service from the London Stock Exchange
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