Ascent Resources Plc releases a corporate update

  • Dec 17, 2019 GMT
  • Team Kalkine
  The company provided an update on its revised strategic direction
  • The company and Geoenergo, its partner, agreed on a two-year extension to the agreement on gas sales
  • The partners await a court ruling on the justification to carry out an environmental impact assessment test for its project in Slovenia
  • Average monthly production of the two existing wells in Slovenia from July to November 2019 was 7,136 Mcf.
  • On 17th December 2019, the stock of AST was trading at GBX 0.10 at GMT 10:09 AM, flat compared to its previous close.

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