08:00 Thu 13 Jun 2019
Ascent Resources PLC - Permitting update
("Ascent" or the "Company")
Permitting update
A report has appeared on a Slovenian government website that the partners appeal against the issuance of the permit to re-stimulate Pg-10 and Pg-11A has been denied by the
The Company has not received any direct official confirmation from the
If the report is officially confirmed the Board will consider all potential courses of action including arbitration and a claim for damages against the
"This is a deeply disappointing and flawed decision which again has been communicated to the media before the partners had been informed. If the decision is officially confirmed, the Board will consider next steps including legal action."
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WH Ireland, Nominated Adviser & Broker | 0207 220 1666 |
SP Angel, Joint Broker Richard Redmayne / Richard Hail | 0203 470 0470 |
Yellow Jersey, Financial PR and IR Tim Thompson / Harriet Jackson / Henry Wilkinson | 0203 004 9512 |
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