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Hartshead Resources NL ( (AU:HHR) ) just unveiled an update.
Hartshead Resources NL has announced ongoing constructive discussions with its joint venture partner, RockRose Energy, regarding the UK Southern Gas Basin Licence P2607. The discussions aim to resolve contractual matters associated with the proposed development, and the procedural timelines under the Joint Operating Agreement remain paused. Hartshead is committed to reaching a commercial resolution while preserving its legal rights, and further updates will be provided as discussions progress.
More about Hartshead Resources NL
Hartshead Resources NL is an ASX-listed company focused on establishing a European energy business that is financially, technically, and environmentally responsible. The company aims to secure and invest in projects to meet Europe’s increasing energy demand while supporting the transition to a low-carbon future. Hartshead is particularly focused on the development of the Production Seaward License P2607 in the UK Southern Gas Basin, which includes four existing gas fields. The company leverages a highly experienced team with expertise in subsurface, engineering, commercial, QHSE, and capital markets to deliver successful and safe oil and gas upstream projects.
Technical Sentiment Signal: Sell
Current Market Cap: A$16.85M
Learn more about HHR stock on TipRanks’ Stock Analysis page.