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Ascent Resources announces interim results

24 Sep 2020

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Ascent Resources, the AIM quoted onshore Caribbean, Hispanic American and European energy and natural resources focussed company, has reported its interim results for the six months ended 30 June 2020.


  • New Board appointed
  • Restructuring of existing RiverFort debt and cancellation of equity swap agreement
  • New market entry into Cuba with MOUs over producing Block 9B and Blocks 9A, 12 & 15
  • Strategic review of Slovenian investment and proposal submitted to restructure Joint Venture arrangements
  • Instigation of new Special Situations growth strategy

Post Period Highlights:

  • Legal claim against Republic of Slovenia progressed with serving of Notice of Dispute under Bilateral Investment Treaty and Energy Charter Treaty

Click here for full announcement

Source: Ascent Energy

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