REG - Ascent Resources PLC - Production update

Ascent ResourcesAnnouncement

08/04/2019 07:05

RNS Number : 3594V
Ascent Resources PLC
08 April 2019
 


Ascent Resources plc / Epic: AST / Index: AIM / Sector: Oil and Gas
08 April 2019
Ascent Resources plc
("Ascent" or the "Company")
Production update
The Board of Ascent would like to provide the following update to shareholders on production for the month of March from the Petišovci field in Slovenia.
Total production for March was 334,410 cubic metres (11,810 Mcf / 2,036 boe) an average of 0.4 MMscfd / 66 boepd) and revenue for the month was €44,095.
Total production for February was 311,443 cubic metres (10,998 Mcf / 1,896 boe) an average of 0.4 MMscfd / 71 boepd) and revenue for the month was €44,513.
Further updates on the installation of compression equipment to increase and prolong production from the field and progress on permitting will be given in due course.
 




Ascent Resources plc
Colin Hutchinson, CEO
John Buggenhagen, COO
Cameron Davies, Chairman


0207 251 4905
 




WH Ireland, Nominated Adviser & Broker
James Joyce / Chris Viggor


0207 220 1666




Yellow Jersey, Financial PR and IR
Tim Thompson / Harriet Jackson / Henry Wilkinson


0203 004 9512




 
 




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