Update on Energy Charter Treaty Claim
Ascent Resources Plc has provided an update on its Energy Charter Treaty claim against the Republic of Slovenia, confirming that the Arbitration Tribunal has made good progress with the draft award and remains in deliberation. The company continues to expect the Tribunal's award on merits to be issued towards the end of the first quarter of 2026.
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Ascent Resources Plc (LON: AST), the onshore US focused oil and gas company, is pleased to update investors in relation to the Company's ICSID registered Energy Charter Treaty claim against the Republic of Slovenia. Further to the Company's announcement on 23 September 2025, the Company has received an update from the International Centre for Settlement of Investment Disputes which confirms that the Arbitration Tribunal has made good progress with the draft award and are still in deliberation. The Company still expects that the Tribunal's award on merits will be issued towards the end of Q1 2026. Further updates will be announced as necessary.
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