Independent oil and gas production and development company, EnQuest PLC, (“EnQuest” or the “Company”) has today agreed to dispose of its 48.75% interest in the Petişovci Project (‘the Project’) in Slovenia, in return for a 22.5% equity stake (150,903,958 new ordinary shares) in Ascent Resources plc (“Ascent”). Ascent is an AIM traded oil and gas exploration and production company.