Ascent Resources Refocuses on U.S. Gas and Helium Market Following Strategic Overhaul

PUBLISHED: 02 Jun 2025 @ 18:23 | Comments (0) | More info about Fiona Craig

Ascent Resources Plc (LSE:AST) released its final results for the year ending December 2024, underscoring a strategic shift toward the U.S. onshore gas and helium industry. The company has secured key assets, including stakes in gas processing facilities and oil and gas leases in Utah and Colorado, aiming to leverage the growing value of helium. Throughout the year, Ascent underwent significant corporate restructuring, including board changes and financial actions such as equity raises and loan agreements. Additionally, the company continues to address legacy challenges in Slovenia, including insolvency proceedings and arbitration matters, which remain integral to its operational environment. These strategic moves are expected to strengthen Ascent’s market position and support future revenue expansion.

More about Ascent Resources

Ascent Resources Plc specializes in the processing and production of onshore gas and helium in the United States. With major investments in the U.S. oil and natural gas sector—especially helium—the company is positioning itself as an influential player in this evolving market.

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