IPPC Permit confirmed
Updated : 07:04
Ascent Resources plc / Epic: AST / Index: AIM / Sector: Oil and Gas
15 April 2019
Ascent Resources plc
("Ascent" or the "Company")
IPPC Permit confirmed
The Board of Ascent is pleased to announce that our JV partners have been informed by the Slovenian Environment Agency ("ARSO") that the IPPC Permit has been confirmed as fully valid, no further appeals against the permit are possible.
The IPPC permit is crucially important to the Company and to Slovenia. It allows the installation of a small processing facility which would enable Slovenian gas to be sold into the Slovenian national grid system. As such the award of the permit marks an important step forward for our field development plan.
Colin Hutchinson, CEO of Ascent Resources plc, commented:
"I am delighted that the IPPC Permit has been granted and we can continue to progress our plans to develop the Petišovci project to its significant potential."
Ascent Resources plc Colin Hutchinson, CEO John Buggenhagen, COO Cameron Davies, Chairman | 0207 251 4905
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WH Ireland, Nominated Adviser & Broker James Joyce / Chris Viggor | 0207 220 1666 |
Yellow Jersey, Financial PR and IR Tim Thompson / Harriet Jackson / Henry Wilkinson | 0203 004 9512 |
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