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Oil & Gas Ascent Resources

Ascent Resources says arbitration tribunal proceedings formally closed

The tribunal overseeing Ascent Resources' Energy Charter Treaty claim against Slovenia has closed proceedings, with a final award expected before the end of June.

by tickstock newsroom
The image features a bronze statue of Lady Justice, depicted blindfolded and holding a pair of scales. The statue represents the principles of justice and law, set against a neutral background. — Credit: Photo by Tingey Injury Law Firm on Unsplash c Photo by Tingey Injury Law Firm on Unsplash

Ascent Resources (AIM:AST), the onshore US-focused oil and gas company, said on that the tribunal handling its Energy Charter Treaty arbitration against the Republic of Slovenia formally closed proceedings on 17 June.

The tribunal is now expected to render its final award before the end of this month.

by tickstock newsroom