Company
Hartshead Resources NL
ASX:HHR
Hartshead Resources NL is focused on building a financially, technically and environmentally responsible European Energy business. The company's goal is to secure and invest in projects where resources can be extracted and delivered to meet Europe’s growing energy demand while supporting the transition to a low carbon future.
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Hartshead Resources appoints veteran wells manager to support FEED stage of Phase I development
“I have no doubt that Steve’s considerable expertise and valuable contribution will ensure successful delivery of our Phase I drilling program," said CEO Chris Lewis.
Hartshead Resources completes $11 million placement to fund Shell Engineering study and Geotechnical survey
“Importantly, these funds will be used to further advance the phase one field development of the Anning and Somerville gas fields, including the recently announced Shell gas offtake route engineering study, which represents a significant mi
Hartshead Resources shakes hands with Shell on gas offtake study
Building company Petrofac will conduct the study, which will cornerstone the offtake route’s design and cost estimates.
Hartshead Resources to progress Phase I development of Anning and Somerville gas fields following regulatory green light
The company has received a Letter of No Objection which allows it to progress its Phase I development through the Front-End Engineering & Design stage and submission of a FDP prior to the final investment decision at Anning and Sommerville.
Hartshead Resources appoints specialist energy adviser to assist with industry partnering
UK-based LAB Energy Advisers will launch a process aimed at securing an industry partner for the development stage of the Phase I Anning and Somerville gas fields in the UK Southern Gas Basin.
Hartshead Resources lifts project value on upgrading Anning and Somerville gas fields to reserves
"After 16 months’ work by the Hartshead team in refining and identifying the best development concept, the confirmation that the project has this certainty of being developed is tremendous news," CEO Chris Lewis said.
Hartshead Resources to benefit from new UK tax relief policy
“We are pleased to announce that Hartshead is set to receive incentives under the new UK oil & gas sector windfall tax, further increasing the attractiveness of the project to potential industry partners. The Tax Levy represents a strong co
Hartshead Resources completes major milestone for UK gas assets with submission of concept select report
“Seeing the development project take shape and having a clear development plan and offtake route identified is immensely gratifying after all the hard work put in by the team so far," says CEO Chris Lewis.
Hartshead Resources beats the drum for geotechnical survey work ahead of Anning and Somerville expedition
Hartshead expects to award the geotechnical contract late next month, after which it will complete its offshore operations between July and September, alongside the geophysical survey.
Hartshead Resources calls for tenders to advance Phase 1 gas project in UK
HHR expects to award the contract, with a vessel secured to complete offshore operations, between July and September this year.
Hartshead Resources welcomes UK Government’s new energy strategy
“We are delighted to see the UK Government and Prime Minister reaffirm their commitment to the rapid and responsible development of the UK’s oil and gas resources. All of us at Hartshead look forward to playing our part in providing much-ne
Hartshead Resources hires sustain:able to help it meet its ESG goals
“We are very pleased to be working with sustain:able on our ESG strategy and reporting requirements, which are a critical component of our field development plans within the UK Government’s 2050 net zero strategy,” HHR CEO Chris Lewis said.
Hartshead Resources nets 49% increase in Phase I recoverable resources for UK Southern Gas Basin licence
“The results from our in-depth subsurface and well planning work have been excellent, with a significant increase in Phase I recoverable gas volumes. This is a hugely material value increase in the project. I am also delighted to have ident
Hartshead Resources appoints ERC Equipoise for reserves and resources audit on Seaward Licence
The peer-review will provide expert feedback of completed workstreams and augment the Phase I Concept Select Report, which is nearing submission.
Hartshead Resources higher on material increase in Phase III exploration prospect inventory at UK Southern Gas Basin
The Phase III exploration inventory now totals 14 prospects with Phase III 2U prospective resources totalling 3,442 billion cubic feet (Bcf) unrisked.
Hartshead Resources progresses work on gas fields in Southern Gas Basin on UK continental shelf
History-matched models are being used to forecast gas flow rate and production from new planned wells on the fields.
Hartshead Resources set for 'strengthening forward value', says MST Access in predicting future success
“We have a valuation for HHR of A$0.10. It is based on the blend of our Phase 1 project valuation at first gas (A$0.10) and a valuation (A$0.11) based on the mid-point of recent exit multiples achieved for 2C contingent resources and 2P res