LONDON (Alliance News) - Ascent Resources PLC said Monday that total production for the month of August fell to 727,851 cubic metres from 816,490 in July.
Average daily production was also down to 23,456 cubic metres in August, from 26,338 cubic metres in July.
The company anticipates July revenue for gas sales to be around EUR140,000, supplemented by an additional EUR7,000 from the sale of condensate.
The Oil and gas firm also revealed a planned closure of the wells for three weeks in September to allow for annual maintenance to be conducted by INA at their processing facility.
Ascent shares were trading down 5.1% at 0.74 pence each on Monday.
Ascent Resources (AST)