Hartshead Resources Limited

ASX-listed Hartshead Resources Ltd (HRL) are focussed on building a financially, technically and environmentally responsible European Energy business. HRL’s goal is to secure and invest in projects where resources can be extracted and delivered to meet Europe’s growing energy demand while supporting the transition to a low carbon future.

Hartshead has completed a Farm-out of 60% of License P2607 to Rockrose Energy and retains 40% ownership of License P2607, which is comprised of five blocks in Quads 48 and 49 on the United Kingdom Continental Shelf, in the Southern Gas Basin as depicted in Figure 1 1.

A phased development strategy is proposed as follows:

• Phase 1 – Development of Anning and Somerville
• Phase 2 – Development of Hodgkin and Lovelace
• Phase 3 – Develop nearby successful exploration prospects

Hartshead has also completed a FEED for the development of the Anning and Somerville gas fields (Phase 1) in the UK Southern North Sea Licence Block 49/17b