Ascent Resources Plc announced that company intends to appoint Mr. David Bullion (CIO of American Helium and CEO of GNG) as a non-executive director of the Company, subject to the completion of regulatory checks. David is a 34 year seasoned oil and gas professional, who has previously held senior positions at BP during a 20 year career there spanning the globe, before becoming the CIO of American Helium and now CEO of GNG Partners LLC. The Company also intends to appoint Mr. Edouard Etienvre as an independent non-executive director, subject to completion of regulatory checks.

Edouard is an energy and natural resources finance and commercial executive with over 18 years of experience in the oil and gas sector. He is a Non Executive Director of ASX listed ADX Energy Ltd. Mr. Malcolm Graham Wood and Mr. Marco Fumagalli, both non-executive directors of the Company have advised the Company of their intention to step down from the Board and will leave the company at the end of May 2024.