Update on Slovenia ECT Claim

Summary by AI BETAClose X

Ascent Resources plc has announced an update regarding its Energy Charter Treaty claim against the Republic of Slovenia, stating that the arbitration tribunal has prepared a draft award, though it is not yet final due to the matter's complexity. The company expects to receive an update on the award's issuance timing around April 30, 2026, and will provide further announcements as necessary.

Disclaimer*

Ascent Resources PLC
24 March 2026
 

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THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF REGULATION (EU) 596/2014 AS IT FORMS PART OF DOMESTIC LAW IN THE UNITED KINGDOM BY VIRTUE OF THE EU (WITHDRAWAL) ACT 2018 ("MAR"). UPON THE PUBLICATION OF THIS ANNOUNCEMENT VIA A REGULATORY INFORMATION SERVICE, THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN.

 

24 March 2026

Ascent Resources plc

("Ascent" or the "Company")

Update on Slovenia ECT Claim

Ascent Resources Plc (LON: AST), the onshore US focused oil and gas company, is pleased to provide a short update on the Company's Energy Charter Treaty claim against the Republic of Slovenia. The Company has been advised by the International Centre for Settlement of Investment Disputes ("ICSID") that the arbitration tribunal have prepared a draft of an award, however due to the complexity of the matter this award is not yet final. The Company is advised that it expects to hear an update on the timing for the issuance of the award on or around 30 April 2026. Further updates will be announced as necessary.

 

Enquiries

Ascent Resources plc

Jean-Michel Doublet

info3@ascentresources.co.uk

 

Zeus, Nominated Adviser & Broker

James Joyce / James Bavister

0203 829 5000

Fortified Securities, Joint-Broker

Guy Wheatley

0203 411 7773

Shard Capital Partners LLP, Joint-Broker

Damon Heath

0207 186 9952

 

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