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Ascent Resources ( (GB:AST) ) has provided an update.
Ascent Resources PLC has concluded an arbitration hearing against the Republic of Slovenia concerning the expropriation of its investment in the Petišovci gas field. The company is confident in its claim and retains a 10% economic interest in potential net proceeds from a positive outcome, although the actual amount received may be lower than the full claim.
More about Ascent Resources
Ascent Resources PLC operates in the energy sector, focusing on the exploration and development of natural gas resources. The company is primarily involved in the Petišovci tight gas field in Slovenia, where it holds a significant interest.
YTD Price Performance: -58.70%
Average Trading Volume: 567,337
Technical Sentiment Signal: Buy
Current Market Cap: £2.93M
See more data about AST stock on TipRanks’ Stock Analysis page.