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Hartshead Resources Secures Two-Year Extension for North Sea Licence

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Hartshead Resources Secures Two-Year Extension for North Sea Licence

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Hartshead Resources NL ( (AU:HHR) ) has issued an update.

Hartshead Resources NL has received a two-year extension for Phase C of its UKCS Licence No. P2607 from the North Sea Transition Authority. This extension, granted due to delays in environmental permitting and supply chain constraints, allows the company to complete its work programme by November 2027, impacting the timeline for subsequent phases.

More about Hartshead Resources NL

Hartshead Resources NL operates in the energy sector, focusing on oil and gas exploration and production. The company is involved in developing resources in the North Sea, with a particular emphasis on maximizing the potential of its licensed areas.

Technical Sentiment Signal: Sell

Current Market Cap: A$19.66M

For detailed information about HHR stock, go to TipRanks’ Stock Analysis page.

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