Hartshead Resources NL (AU:HHR) has released an update.
Hartshead Resources NL has significantly expanded its portfolio by securing ten new blocks across six licenses in the 33rd Licensing Round, which has bolstered their total net reserves and resources to approximately 1.5 trillion cubic feet. These new licenses, now fully executed and awarded by the North Sea Transition Authority, add an impressive 627 billion cubic feet of contingent resources and 560 billion cubic feet of prospective resources to the company’s assets. This strategic acquisition marks a substantial increase in Hartshead’s potential in the energy sector.
For further insights into AU:HHR stock, check out TipRanks’ Stock Analysis page.
