Ascent Resources slumps as it eyes recapitalisation
It also said that the role of chief executive, held by Len Reece, is being made redundant
Company
Ascent Resources PLC
LON:AST
Ascent Resources PLC is an independent oil and gas exploration and production company that was admitted on AIM, operated by the London Stock Exchange, in November 2004 (LSE:AST). Since then its portfolio has consisted of predominantly European onshore projects. Ascent currently operates the Petišovci tight gas project in Slovenia which it considers to be an outstanding prospect.
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