Finance News Oil & Gas

Hartshead pursues third-party funding

Hartshead Resources NL has taken further steps to secure third-party funding for phase I development on P2607 gas licence in the UK southern North Sea. SURVEYS The Australian company has appointed corporate finance energy sector specialist Carlingford-GFI, extended its mandate with LAB Energy Advisors Ltd, and is exploring “multiple parallel options” to secure funds. Options […]

News Oil & Gas

Deltic-Shell award Pensacola survey contract

Deltic Energy plc and partner Shell UK Ltd have awarded the contract for geophysical and geotechnical site survey works over the Pensacola prospect in the UK southern North Sea. RESOURCE Fugro GB North Marine Ltd will begin the work on licence P2252 at the end of July and finish during Q3 in preparation for the […]