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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Ascent Resources Plc | LSE:AST | London | Ordinary Share | GB00BJVH7905 | ORD 0.5P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.11 | -4.21% | 2.50 | 2.50 | 2.60 | 2.65 | 2.55 | 2.60 | 2,015,853 | 16:35:29 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Crude Petroleum & Natural Gs | 581k | -41.89M | -0.1004 | -0.25 | 10.64M |
TIDMAST
RNS Number : 9614H
Ascent Resources PLC
24 August 2016
24 August 2016
Ascent Resources plc
("Ascent" or the "Company")
Completion of the Sale and Purchase agreement
Ascent Resources plc (AIM: AST), European oil and gas exploration and production company confirms that it has carried out the necessary procedures at the office of the public notary in Ljubljana to complete the purchase of Trameta doo, detailed in the Company's announcement of 1 August 2016.
Completion of the acquisition will allow the Company to move ahead with the work program to recertify the export production pipeline through which Joint Venture gas production will be sold. First gas is expected in early 2017.
Commenting on today's announcement, Colin Hutchinson, CEO, Ascent said:
"I am pleased that the Trameta purchase has been completed without delay. We can now begin to execute the short work program required to commence the production test at Petišovci and I look forward to updating shareholders as we progress towards first gas".
Enquiries:
Ascent Resources plc Clive Carver, Chairman Colin Hutchinson, CEO 0207 251 4905 Stockdale Limited, Nominated Adviser Richard Johnson Edward Thomas 0207 601 6100 IFC Advisory Ltd, Financial PR and IR Graham Herring Tim Metcalfe Heather Armstrong 0203 053 8671
This information is provided by RNS
The company news service from the London Stock Exchange
END
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(END) Dow Jones Newswires
August 24, 2016 02:00 ET (06:00 GMT)
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