Hartshead Resources Wins Big in Licensing Round

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

Hartshead Resources NL has achieved a significant milestone by securing ten new blocks in the UK’s 33rd Licensing Round, as announced by the North Sea transition Authority. These blocks, primarily situated in the Southern gas basin, comprise gas field re-developments and undeveloped gas fields, offering multiple opportunities for redevelopment, development, and appraisal. The company anticipates a substantial expansion of its portfolio, transitioning from a single license to multiple projects across the UK, which promises to accelerate their progression to gas production.

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