Ascent Resources plc is an oil and gas exploration and production company focused on U.S. onshore operations, specifically in the states of Utah and Colorado, where it engages in the production and development of oil, gas, and helium. The company generates revenue through its interests in producing and prospective oil and gas leases, managing both subsidiary companies and joint ventures. Additionally, Ascent is involved in resolving legacy claims related to its previous operations in Slovenia, which include significant financial claims under the Energy Charter Treaty.