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

Ascent ResourcesAnnouncement

27/10/2017 16:56

RNS Number : 8885U
Ascent Resources PLC
27 October 2017
27 October 2017
Ascent Resources plc / Epic: AST / Index: AIM / Sector: Oil and Gas
Ascent Resources plc
("Ascent" or "the Company")
Operational update
The Board of Ascent Resources Plc, the European focused oil & gas exploration and production company (AIM: AST), is pleased to update shareholders on the progress towards commencing export production from the Petiovci asset to INA in Croatia.
On 20 October 2017 the Company reported that the final stage in the recertification of the export pipeline was an exchange of signatures which the Company had been informed would be completed shortly. The Company has been advised that the document was sent from the Ministry to INA where it has been reviewed, signed and returned to the Ministry for their final approval. The Company has been told that this should be completed shortly.
Once this signature is received the Company will begin to export gas production.
The Company is also raising funds through a PrimaryBid Offer, details of which can be found in the following RNS. 
Enquiries:
Ascent Resources plc
Clive Carver, Chairman
Colin Hutchinson, CEO
0207 251 4905
WH Ireland, Nominated Adviser & Broker
James Joyce / Alex Bond
0207 220 1666
Yellow Jersey, Financial PR and IR 
Tim Thompson / Harriet Jackson / Henry Wilkinson
0203 735 8825

This information is provided by RNS
The company news service from the London Stock Exchange
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