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Ascent Resources Information
Share Price Information for Ascent Resources (AST)
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Share Price:
2.10
Bid:
2.00
Ask:
2.20
Change:
-0.20 (-9.52%)
Spread:
0.20 (10.00%)
Open:
2.10
High:
2.10
Low:
1.90
Prev. Close:
2.10
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Fri, 11th Nov 2016 12:15
(ShareCast News) - Ascent Resources announced on Friday that it has been informed by the Environment Agency in Slovenia that the partners in the Petišovci project will not be required to carry out a full environmental impact assessment prior to the award of an IPPC Permit to install a new processing facility at Petišovci.The AIM-traded company said that in May 2016, the Administrative Court ruled that despite there being no valid objections to the granting of the permit based on environmental issues, the court believed the process adopted by the government agency in reviewing the permit application was inconsistent with EU regulations.As a result, the partners were invited to recommence the permit application from the start of the process by carrying out a preliminary screening exercise, the purpose of which was to determine whether a full EIA is needed before awarding the permit.Throughout the process the company said it has maintained that the original decision was flawed and the additional process of no value.An objection to the decision has been lodged by a non-government organisation, which Ascent says has consistently appealed against the construction of the processing facility at each stage of the process.The Environment Agency and the government departments have consistently ruled in favour of the development, the board said.The Administrative Court decision which revoked the permit was made on procedural grounds and did not endorse any of the issues raised by the NGO, it added, with the objections raised by the NGO in their latest appeal "consistently found to be without merit".Ascent said it is firmly of the view that the new processing facility, which will allow Slovenian gas to be treated in Slovenia and sold into the Slovenian National Grid system, is in the best interests of the country and asserted the actions of the NGO are damaging the national interest.The board said it is encouraged by the efforts made by the authorities to address the problems created by the unexpected decision of the Administrative Court in May 2016.If the Environment Agency had requested a full EIA, it is likely that the final award of the permit would have been delayed for at least an additional year, but the decision now means the company and its partners can expect the permit being fully awarded sometime in 2017, it explained."I am pleased with this decision which paves the way for an early reinstatement of the permit," said CEO Colin Hutchinson."This not only provides the long-term solution for the field but also underlines the support which the project enjoys amongst its partners and the authorities."
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4 Jul 2022 11:29
IN BRIEF: Ascent Resources begins dispute resolution over Slovenian JV
Ascent Resources PLC - onshore Caribbean, Hispanic American and European-focused natural resources company - Begins dispute resolution mechanism in its Slovenian joint venture contract with joint venture partner Geoenergo, thus initiating the mediation process. The dispute relates to breaches under the UK-Slovenia bilateral investment treaty and the Energy Charter Treaty.
Read more30 Jun 2022 12:11
EARNINGS UPDATES: Accsys profit up, Dolphin Capital loss narrows
(Alliance News) - The following is a round-up of earnings reports by London-listed companies, issued on Thursday and not separately reported by Alliance News:
Read more1 Jun 2022 16:04
UK shareholder meetings calendar - next 7 days
| Thursday 2 June | |
| Clontarf Energy PLC | GM re issue of new shares |
| HealthBeacon PLC | AGM |
| Friday 3 June | |
| no events scheduled | |
| Monday 6 June | |
| Alphawave IP Group PLC | AGM |
| Minoan Group PLC | AGM |
| Omega Diagnostics Group PLC | AGM |
| Sensyne Health PLC | GM re strategic financing |
| Tuesday 7 June | |
| Animalcare Group PLC | AGM |
| Arix Bioscience PLC | AGM |
| Centrica PLC | AGM |
| Integrated Diagnostics Holdings PLC | AGM |
| Kooth PLC | AGM |
| Ondine Biomedical Inc | AGM |
| Osirium Technologies PLC | AGM |
| SpaceandPeople PLC | AGM |
| TruFin PLC | AGM |
| Wednesday 8 June | |
| Ascent Resources PLC | AGM |
| Cambridge Cognition Holdings PLC | AGM |
| City Pub Group PLC | AGM |
| DP Eurasia NV | AGM |
| Gem Diamonds Ltd | AGM |
| Hiro Metaverse Acquisitions I SA | AGM |
| Itaconix PLC | AGM |
| M&G Credit Income Investment Trust PLC | AGM |
| Nostrum Oil & Gas PLC | AGM |
| Parity Group PLC | AGM |
| Petards Group PLC | AGM |
| Safestyle UK PLC | AGM |
| Savannah Resources PLC | AGM |
| Third Point Investors Ltd | AGM |
| Woodbois Ltd | AGM |
| Copyright 2022 Alliance News Limited. All Rights Reserved. | |
30 May 2022 12:39
Ascent Resources signs law firm for legal claim against Slovenia
(Alliance News) - Ascent Resources PLC on Monday said it signed a damages-based agreement to appoint specialist arbitration and litigation firm Enyo Law LLP, regarding a claim against the Republic of Slovenia.
Read more5 May 2022 20:10
IN BRIEF: Ascent Resources notifies Slovenia of treaty breaches
Ascent Resources PLC - onshore Caribbean, Hispanic American and European-focused natural resources company - Says it and subsidiary Ascent Slovenia Ltd formally notify government of Slovenia of further breaches under the UK-Slovenia bilateral investment treaty and the Energy Charter Treaty. "In particular, the government of Slovenia has been notified of the fact that their latest actions, which include amendments to the mining law which specifically prohibit holders of mining rights from carrying out the exploration or exploitation of hydrocarbons with the use of any hydraulic stimulation, have caused further considerable harm to the investors' investments in Slovenia," it says. Ascent believes it is "the specific target" of these actions.
Read more16 Mar 2022 20:55
TRADING UPDATES: Ascent expects growth; Bradda gets drilling licence
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:
Read more18 Jan 2022 20:39
TRADING UPDATES: Ramsens resumes dividend; Watkin Jones profit rises
TRADING UPDATES: Ramsens resumes dividend; Watkin Jones profit rises
Read more24 Dec 2021 12:13
Ascent Resources agrees extensions to its debt maturities
(Sharecast News) - Caribbean, Latin America and Europe-focussed natural resources company Ascent has extended the maturity of its outstanding loan obligations, it announced on Friday, giving it a "runway" for the continuing execution of its 'ESG Metals' strategy.
Read more24 Dec 2021 11:15
Ascent Resources extends the maturity of its loan obligations
Ascent Resources extends the maturity of its loan obligations
Read more8 Nov 2021 14:54
TRADING UPDATES: Cake Box, Argentex see record first half performance
TRADING UPDATES: Cake Box, Argentex see record first half performance
Read more1 Nov 2021 12:09
TRADING UPDATES: IXICO, Spectra and Actual Experience win deals
TRADING UPDATES: IXICO, Spectra and Actual Experience win deals
Read more11 Oct 2021 11:58
Ascent updates market on surging gas price situation
(Sharecast News) - Caribbean, Latin America and Europe-focussed energy and natural resources company Ascent Resources updated the market on the gas price situation at its Petisovci gas project in Slovenia on Monday, following recent significant increases in global gas prices.
Read more11 Oct 2021 11:00
IN BRIEF: Ascent Resources shares surge on Slovenian production update
IN BRIEF: Ascent Resources shares surge on Slovenian production update
Read more9 Sep 2021 11:33
EARNINGS UPDATES: STV, Chaarat, Sportech, Bacanora enter black
EARNINGS UPDATES: STV, Chaarat, Sportech, Bacanora enter black
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