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Ascent Resources Increases Output from Utah Wells Following System Upgrade

Fiona Craig
Market News
27 June 2025 9:12AM

Ascent Resources Plc (LSE:AST) has successfully restarted production at four wells located in the Wolf Point area of Utah after installing a new pressure gathering system. Initial output levels have exceeded the company’s projections, and additional efforts are underway to reactivate more wells, underscoring Ascent’s commitment to maximizing the efficiency of its current asset base.

About Ascent Resources

Ascent Resources Plc is an oil and gas company focused on exploring and producing hydrocarbons, with key operations in regions such as Utah and Colorado. The firm prioritizes enhancing production from existing wells to drive operational growth.