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Pin to quick picksAscent Resources Regulatory News (AST)

Share Price Information for Ascent Resources (AST)

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Result of General Meeting

6 Apr 2011 11:34

RNS Number : 4097E
Ascent Resources PLC
06 April 2011
 



Ascent Resources plc / Epic: AST / Index: AIM / Sector: Oil and Gas

6 April 2011

Ascent Resources plc ('Ascent' or 'the Company')

Result of General Meeting

 

Ascent Resources plc, the AIM listed oil and gas exploration and production company, announces that all resolutions put to shareholders at the general meeting today were duly passed.

 

As a result, the 240,000,000 Placing Shares have been allotted and will be admitted to trading on AIM at 8 a.m. on 7 April 2011.

 

Following the issue of the 240,000,000 Placing Shares the total voting rights in the Company will be 1,025,509,722.

 

Additionally, the Company is expecting to commence the second phase of the drilling of the Pg-11A well at the Petišovci Project in Slovenia, where the Company has a 75% interest, this weekend.

 

**ENDS**

 

 For further information visit www.ascentresources.co.ukor contact: 

 

Ascent Resources plc

Jeremy Eng

Scott Richardson Brown

 

Tel: 020 7251 4905

finnCap Limited (Nomad and Broker)

Sarah Wharry

Simon Starr

 

Tel: 020 7600 1658

St Brides Media & Finance Ltd

Hugo de Salis

Felicity Edwards

 

Tel: 020 7236 1177

 

Notes:

Ascent Resources plc has a diversified portfolio of hydrocarbon exploration and development interests across five countries in Europe: Italy, Switzerland, Hungary, Slovenia and the Netherlands. Its portfolio contains a solid base of field redevelopment projects with selected exposure to exploration upside. The portfolio is focussed on gas and with the exception of the shallow water Netherlands project, all of its projects are located onshore where operating and development costs are substantially lower than they would be offshore.

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