Hartshead has continued to progress the Phase I development of the Anning and Somerville gas fields with the award of Platform and Subsea Front-End Engineering Design (FEED) contracts to Petrofac, and has completed the initial phase of a partial divestment process with interest from a number of potential industry partners.
Hartshead continued to progress an investment process for industry partnering on the Company’s Phase I development of the Anning and Somerville gas fields in June. The process is aimed at selecting an industry partner for the Phase I field development.