Ascent Gets Approval for License Extension Offshore Netherlands

Ascent Resources plc (LON:AST) has received confirmation of the extension of its M10/M11 block licences in offshore Netherlands in the southern North Sea until 30 June 2013.

The press release is quoted as saying:

The M10/M11 appraisal project is in the shallow waters off the north coast of the Netherlands. In the licence area there are three structures, all of which contain gas discovery wells with the gas present in the Slochteren unit of the Rotligendes sandstones.

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