Ascent Resources Plc · LSE:AST
Ascent Resources — Investor Presentation (July 2020)
12 slides from Ascent Resources's investor presentation, Jul 8, 2020
Slide 1: Ascent Resources Plc: Investing in "Special Situations"
Ascent Resources Plc Investing in “Special Situations” Energy & Natural Resources across the Caribbean, Hispanic Americas & Europe Revised 08/07/20
Slide 2: Disclaimer
2 Disclaimer Ascent Resources PLC Corporate These presentation slides (the “Slides”) do not constitute an offer to the public or an offer for sale or solicitation to purchase or subscribe for any Presentation securities of the Company and they should not be relied on in connection with a decision to
Slide 3: Company Overview
3 Company Overview Ascent Resources PLC Recently restructured vehicle, listed on Corporate Presentation AIM of London Stock Exchange (LSE:AST) Initiated exclusive Multiple special situation negotiations on a large investments under review Unlocking Value in “Special onshore oil portfolio in Focused
Slide 4: The Team
4 The Team James Parsons Ascent Resources PLC Andrew Corporate Dennan Executive Presentation Chairman Ewen Ainsworth Chief Executive Over 20 years’ experience in the fields Leonardo Officer of strategy, management, finance Salvadori Non- and corporate development in the Executive energy industry. No
Slide 5: Energy and Natural Resources in Cuba
5 Energy and Natural Ascent Resources PLC Resources in CUBA Unique First Mover Opportunity Corporate Presentation A “very special” situation Compatible with current low Oil Price environment Significant near Excellent fiscal term re-rate potential, Cuba is one of and commercial including forthcoming
Slide 6: Cuba: Market Context
6 Cuba Ascent Resources PLC Market Context Corporate Multiple mining Presentation opportunities across the New law (2014) opened battery metals space up foreign investment Cuba has 5TH largest Nickel reserves Indigenous heavy oil production for Protecting foreign investment Indonesia 21 electricity
Slide 7: Cuba: Target Onshore Portfolio
7 Cuba Ascent Resources PLC Target Onshore Corporate Presentation Portfolio Oppotunity includes six separate PSCs - 3 in 9b, 1 each for the Exploration blocks Company has exclusive rights to one of the largest onshore PRODUCTION Cuban portfolios: PSC Block 9b Havana 80km2 Block 9b : Majaguillar and
Slide 8: Slovenia: Petišovci Field
8 Slovenia Ascent Resources PLC Petišovci Field Corporate Presentation Petisovci is a 91 km2 concession During 2011 Ascent drilled and Up to 307 bcf P10 gas reserves with low permeability Miocene stimulated wells PG 10 & 11A with (157 bcf P50) net to Ascent remaining gas in 20 reservoir horizons in
Slide 9: Slovenia: Forward Plan
9 Slovenia Ascent Resources PLC Forward Plan Corporate Presentation Continue preparations for ECT legal claim Technical “Notice of Dispute” against team appointed to Republic of Slovenia to be design stimulation served shortly Restructure programme and and Simplify JV prepare FDP in structure in cou
Slide 10: Ascent Resources Plc (LSE:AST) Newsflow 2020
10 Ascent Resources Plc (LSE:AST) Ascent Resources PLC Newsflow 2020 4.6% Corporate Presentation 10.7% Shares in issue Market Capitalisation Debt Shareholders: 56,109,652 £1.4M £0.3M Retail/ Other Board of Directors Former Energetical Shareholders 84.7% 2020 2021 Q2 Q3 Q4 Q1 Cuba Qualification as Op
Slide 11: Summary
11 Summary Ascent Resources PLC Corporate Presentation Exposing investors to “Special Situations” with unique risk / reward balance Experienced team highly Initiated exclusive skilled in capturing the negotiations on a large special situations value delta onshore oil portfolio in Focus on energy and
Slide 12: Contact
12 Ascent Resources PLC Corporate Presentation Contact: 5 New Street Square London EC4A 3TW info3@ascentresources.co.uk Energy & Natural Resources across the Caribbean, Hispanic America & Europe