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Ascent Resources to sue settlement payment to fund operation

Ascent Resources PLC - Latin America and Europe-focused energy and natural resources company - Says it expects to begin PG-11A well maintenance and operation works once it receives the payment from... | April 6, 2023

Slovenia , United-states , America , Slovenian , Harvey-dorset , Ascent-resources , Ascent-slovenia-ltd , Alliance-news , Alliance-news-ltd , All-rights , Ascent-resources-plc-stock-exchange , Ews

Ascent Resources settles disputes with Geoenergo and Petrol Geo

Ascent Resources PLC on Tuesday said it has agreed to settle a portion of its revenue recognition claim against Geoenergo, and to settle its dispute with the joint venture service provider Petrol... | April 4, 2023

Slovenia , United-states , America , Slovenian , Andrew-dennan , Harvey-dorset , Ascent-slovenia-ltd , Alliance-news-ltd , Ascent-resources , Alliance-news , Latin-america , Petrol-geo

Ascent Resources : Update on Slovenia and Cuba operations

Update on Slovenia and Cuba operations
Ascent Resources Plc (LON: AST), the onshore Caribbean, Hispanic American and European focused energy and natural resources company,updates on its Slovenian gas project and entry into Cuba.
SloveniaUpdate
As previously announced on 19 March and as expected, the pressure at the currently producing PG-11A well has continued to decline naturally and will only be able to be enhanced with mechanical stimulation. The JV expects gas production to continue at intermittent production rates which will be sold, whilst economical to do so, domestically to local industrial buyers at the daily spot price, which has risen towards and beyond €19 MWh in recent weeks.

Cuba , Italy , United-states , Slovenia , Slovenian , Italian , American , Cuban , John-belliss , Recursos-minerales , Andrew-dennan , James-joyce-chris-savidge