North Perth, WA - Hartshead Resources NL (ASX: HHR), a European-focused ASX listed energy company, is thrilled to announce its remarkable success in the 33rd UK Licensing Round. The company secured ten blocks, all of which contain either gas field redevelopment projects or undeveloped gas fields. This significant achievement substantially broadens Hartshead's portfolio in the UK, underscoring its strategic expansion.
Key Highlights:
- Hartshead won nine blocks in the Southern Gas Basin and one block adjacent to P2607.
- The company will partner with Meridian Resources and Comtrack (UK) Ltd. on several blocks.
- These blocks offer diverse opportunities in field redevelopment, development, and appraisal.
Chris Lewis, Hartshead CEO, commented: “I am delighted with such an excellent result in the 33rd Round. To have won so many blocks, with known discovered gas resources and a host of gas fields for re-development, development and appraisal vastly expands our portfolio and dramatically increases the number of opportunities we have to progress to gas production. This takes Hartshead from being a single License company to having multiple Licenses and projects within the UK.
As ever, it is the hard work and commitment from our team that has delivered this result, and once again I would like to thank the entire team for their continued efforts.
I am looking forward to being able to provide further details of these exciting awards in the near future.”
Contact details:
Jane Morgan