Hartshead Resources update on 33rd Licensing Round Applications

Hartshead Resources NL (ASX:HHR) has successfully secured ten blocks across six licenses in the 33rd Licensing Round, resulting in the award of additional Contingent & Prospective Resources of 1,187 Bcf (2C + 2U) net to Hartshead. The company's net interest now stands at 1.5 Tcf of Reserves and Contingent and Prospective Resources.

Executive Commentary on Licensing Round Success

The Company is pleased to announce the successful acquisition of ten blocks across six licenses in the 33rd Licensing Round. This achievement significantly bolsters our net reserves and resources, positioning us for continued growth and development in the UK Southern North Sea. We remain committed to our goal of building a responsible European Energy business and contributing to the region's energy demand while supporting the transition to a low carbon future.

Summary of Hartshead Resources' 33rd Licensing Round Update

Hartshead Resources (ASX:HHR) has secured ten new blocks across six licenses in the 33rd Licensing Round, resulting in the award of additional Contingent & Prospective Resources of 1,187 Bcf (2C + 2U) net to the company. This success further strengthens the company's position in the UK Southern North Sea and aligns with its goal of building a responsible European Energy business. The company's focus on the development of Production Seaward License P2607 demonstrates its commitment to delivering oil and gas upstream projects successfully and safely. With a highly experienced team and specialized knowledge, Hartshead is well-positioned to capitalize on these new opportunities and contribute to meeting Europe's growing energy demand while supporting the transition to a low carbon future.