Hartshead Resources Hunts for Industry Partner

Laboratory

A group of possible industry partners who were initially intrigued by Hartshead Resources NL's partial divestiture course have moved on to the following phase which involves further opportunity investigation and discussion.

LAB Energy Advisors Ltd is a dedicated UK energy consulting firm with considerable upstream commercial Merger & Acquisition and asset Acquisitions and Divestitures expertise. They were taken on by the business in June to provide guidance on collaborations with other businesses in the sector for Phase I in the UK Southern Gas Basin.

“The Anning and Somerville gas fields are now undergoing the implementation of Phase I by HHR, which also entails the reduction of assets“

The Anning and Somerville gas fields are now undergoing the implementation of Phase I by HHR, which also entails the reduction of assets. Finding a viable industrial partner and finance for the advancement of the Phase I Anning and Somerville gas fields are the main goals of streamlining their operations.

The firm is assured that the LAB Energy collaboration efforts will be triumphant based on the high enthusiasm that has been shown towards Phase I by other businesses. Although they are aware that finding an industry partner is not yet guaranteed.

In Q1of next year, Hartshead aspires to effectively forward conversations and negotiations for this endeavour.

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