CERP.L Regulatory News (CERP)

13 Nov 2007 09:47

Ascent Resources PLC13 November 2007 Ascent Resources plc / Epic: AST / Index: AIM / Sector: Oil and Gas Ascent Resources plc ("Ascent" or "the Company") Sale Update Further to Ascent's announcement on 25 October 2007, the Company is pleased toannounce that, on 12 November 2007, the shareholders of Leni Gas and Oil plc ("Leni Gas and Oil") approved the acquisition of the entire issued share capitalof Ascent's wholly owned subsidiary Compagnine Petrolifera De Sedano. Thetransaction remains conditional on the issue and allotment of 8 million ordinaryshares of 0.05p each in the capital of Leni Gas and Oil which is expected totake place by 15 November 2007. * * ENDS * * For further information visit www.ascentresources.co.uk or contact: Jeremy Eng Ascent Resources plc Tel: 020 7251 4905 Hugo de Salis St Brides Media & Finance Ltd Tel: 020 7242 4477 This information is provided by RNS The company news service from the London Stock Exchange