Hartshead Resources NL expects to submit the field development plan in the next few weeks to the industry regulator for Phase I development of the Anning and Somerville gas fields in the southern North Sea. PHASE I Phase I comprises six production wells produced through two un-manned minimum facilities platforms tied back via a 40km […]
Tag: Hartshead Resources NL
Hartshead completes 60% Seward farm-out
Hartshead Resources NL has completed the farm-out agreement with RockRose Energy Ltd for a 60% equity interest in its Seaward gas licence P2607 in the southern North Sea. TERMS The deal gives the Australian company gross A$196.3 million (£105m) for phase I of operations and A$536m (£287m) of gross project expenditure. RockRose’s initial cash payment […]