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Hartshead Resources has announced that it is nearing completion of the FDP for the Phase I development of the Anning and Somerville gas fields in the Southern Gas Basin. The Company expects to have finalised the FDP and be in a position to submit it to the NSTA within the next few weeks.
Hartshead has continued to progress the Phase I development of the Anning and Somerville gas fields with the award of Platform and Subsea Front-End Engineering Design (FEED) contracts to Petrofac, and has completed the initial phase of a partial divestment process with interest from a number of potential industry partners.
Hartshead Resources has announced an operational update with respect the Phase I development of the Anning and Somerville gas fields in the UK Southern Gas Basin. The Company has also confirmed that it intends to participate in the recently announced UK 33rd Offshore Licensing Round.