Ascent Resources plc - Permitting update - permit to re-stimulate Pg-10 and Pg-11A has been denied by the Environment Ministry - Energy Charter Treaty - 13 June 2019

Country
Year

2019

Summary

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If the report is officially confirmed the Board will consider all potential courses of action including arbitration and a claim for damages against the Republic of Slovenia. This claim will not just consider the investment in the project to date of around €50 million but should take into account the projected future value of the project which was expected to be a multiple of this amount.

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