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A
Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient: 1. Obtains access to the information in a personal capacity; 2. Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services; 3. Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body; 4. Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
Final Results
Ascent Resources Plc (LON: AST), the onshore
Caribbean, Hispanic American and European focused energy and natural resources company, announces its final results for the year ended
31 December 2020.
October 2020
Caribbean, and
Cuba through the acquisition of Energetical Limited in
April 2020, securing the exclusive rights to negotiate the production sharing contract ( PSC ) for the incremental production rights to the Cuban onshore oil production block 9B
· Entry into direct memorandum of understanding with CUPET (
Cuba s national oil company), to secure the exclusive rights to negotiate the PSCs for onshore exploration blocks 9A, 12 and 15, which in aggregate cover over 7,000km2 of license area which include historic wells with oil shows and discoveries
Update on Slovenia and Cuba operations Ascent Resources Plc (LON: AST), the onshore Caribbean, Hispanic American and European focused energy and natural resources company,updates on its Slovenian gas project and entry into Cuba. SloveniaUpdate As previously announced on 19 March and as expected, the pressure at the currently producing PG-11A well has continued to decline naturally and will only be able to be enhanced with mechanical stimulation. The JV expects gas production to continue at intermittent production rates which will be sold, whilst economical to do so, domestically to local industrial buyers at the daily spot price, which has risen towards and beyond €19 MWh in recent weeks.
Ascent Resources PLC (AIM:AST) | RNS | Ascent Resources PLC - Update on Slovenia and Cuba operations proactiveinvestors.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.co.uk Daily Mail and Mail on Sunday newspapers.