UK-based Ascent Resources has agreed to settle part of its revenue recognition claim against Slovenian company Geoenergo.
The statement from the company said that Geoenergo has agreed to pay in full 1.7 million euros claim for its non-payment of agreed hydrocarbon revenues owed to Ascent from Jan
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Tags: Ascent Resources, crude oil, financial, gas, Geoenergo, Iraq, KRG, oil, Oil Exports, Oil Imports, Other