Ascent Resources PLC AST Statement re. Press Speculation

  Ascent Resources PLC (AST) - Statement re. Press Speculation

RNS Number : 5935P
Ascent Resources PLC
26 October 2012

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

26 October 2012

                             Ascent Resources plc

                         ('Ascent' or 'the Company')


                       Statement re. Press Speculation


Further to  recent media  reports regarding  Nafta Industrija  Srbije AD,  the 
Serbian oil and gas company controlled  by OAO Gazprom Neft, Ascent  Resources 
plc, the AIM listed  European oil and gas  production and exploration  company 
confirms it is in negotiations with a  number of parties regarding a farm  out 
of its Slovenian asset. At this point, there can be no guarantee an agreement
will  be  reached.  The  Company  will  make  any  further  announcement,  if 
appropriate, in due course.



Scott Richardson Brown Ascent Resources plc     Tel:020 7251 4905

Matt Goode             finnCap (NOMAD & Broker) Tel:020 7220 0500

Charlotte Stranner

Ben Thompson

Press                  Cardew Group             Tel:020 7930 0777

Anthony Cardew

Alexandra Stoneham


Ascent Resources plc  has a diversified  portfolio of hydrocarbon  exploration 
and development projects  across five  countries in  Europe: Slovenia,  Italy, 
Switzerland, Hungary, and the Netherlands.

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


SPCUVUURUAARUUA -0- Oct/26/2012 06:00 GMT
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