RNS Number : 1812R

Ascent Resources PLC

04 July 2022

4 July 2022

Ascent Resources plc

("Ascent" or the "Company")

Senior Judge Appointed to mediate Slovenian Partner Dispute

Ascent Resources Plc (LON: AST), the onshore Caribbean, Hispanic American and European focussed energy and natural resources company, announces that the Company and its Slovenian Joint Venture ("JV") partner, Geoenergo, have agreed to initiate the dispute resolution mechanism in the JV contract and accordingly have initiated the mediation process. A Court of Appeal, High Court Ljubljana Judge has now been appointed as the mediator between the joint venture partners. Mediation is expected to be initiated shortly.

Further updates will be announced as appropriate.


 Ascent Resources plc                      Via Vigo Communications 
  Andrew Dennan 
 WH Ireland, Nominated Adviser & Broker 
  James Joyce / Sarah Mather               0207 220 1666 
 Novum Securities, Joint Broker 
  Jon Belliss                              0207 399 9400 

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(END) Dow Jones Newswires

July 04, 2022 04:01 ET (08:01 GMT)

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