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24 Apr 2019 | 13:31

Ascent Resources raises capital for Petisovci prospect in Slovenia

Ascent Resources said it had raised £750k from a share issue that would fund reprocessing of 3D seismic data at the Petisovci tight gas prospect in Slovenia, plus an order for compression equipment.

The funds would also help the company evaluate other regional opportunities and provide additional working capital, it added.

News shares were issued 0.2p each.

Story provided by StockMarketWire.com
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