Hartshead Resources NL (AU:HHR) has released an update.
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Hartshead Resources NL has reported positive outcomes from reprocessed seismic data, enhancing imaging of subsurface structures and confirming a slight increase in estimated Gas Initially In Place (GIIP) for the Anning and Somerville fields. The company is advancing its operational strategy by fine-tuning well locations for maximal gas extraction efficiency and is closely monitoring the recently announced changes to the UK Government Energy Profits Levy that may impact future operations.
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