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Hartshead Resources: Selected for UK hydrogen generation plans
FinTechFunding
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Hartshead Resources: Selected for UK hydrogen generation plans

Steve Sam
By Steve Sam

Hartshead Resources Selected for UK hydrogen generation plans

  • The UK Oil and Gas Authority (OGA) selects Hartshead Resources (HHR) to participate in the Bacton Energy Hub initiative
  • The OGA wants to develop the Bacton gas terminal into an energy and infrastructure hub as part of its decarbonisation efforts and net zero target
  • HHR has experience in delivering oil and gas upstream projects, and owns a 100 per cent interest in a production licence within the Southern Gas Basin
  • CEO Chris Lewis is pleased to play a part in the UK’s energy future by producing natural gas from HHR’s existing and undeveloped gas fields
  • Company shares are up 7.69 per cent to trade at 2.8 cents at 1:36 pm AEDT

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