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