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23 September 2025
Ascent Resources plc
("Ascent" or the "Company")
Update on Energy Charter Treaty Claim
Ascent Resources Plc (LON: AST), the onshore US focused oil and gas company, is pleased to update investors in relation to the Company's ICSID registered Energy Charter Treaty claim against the Republic of Slovenia. The Company has been notified by the Arbitration Tribunal that they have no further questions for the parties; accordingly, no further substantive submissions are expected in the proceedings. In accordance with the 2022 ICSID Convention Arbitration Rules, a tribunal must aim to render its award within 240 days after the last submission in the proceedings. As the parties submitted their last submissions in July 2025, the Tribunal's award on merits is currently expected to be received towards the end of Q1 2026. Further updates will be announced as necessary.
Enquiries
| Ascent Resources plc Jean-Michel Doublet |
|
| Zeus, Nominated Adviser & Broker James Joyce / James Bavister |
0203 829 5000 |
| Novum Securities, Joint Broker Jon Belliss / Colin Rowbury |
0207 399 9400
|
| Fortified Securities, Joint-Broker Guy Wheatley |
0203 411 7773 |
| Shard Capital Partners LLP, Joint-Broker Damon Heath |
0207 186 9952 |
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