Brief: Hartshead Resources Says UK Labour Party Outlined Potential Increase In Taxation

Hartshead Resources NL

08/03/2024 01:31

March 8 (Reuters) - Hartshead Resources NL  HHR.AX :
    * UK LABOUR PARTY HAS OUTLINED POTENTIAL INCREASE IN
TAXATION AND
REDUCTION OF TAX RELIEF FOR UK GAS DEVELOPMENTS IF ELECTED
    * PRESENTLY ASSESSING PROJECT ECONOMICS ASSOCIATED WITH
PROPOSED
LABOUR PARTY TAX CHANGES
    * PROJECT TIMELINE CURRENTLY UNCERTAIN FOLLOWING POSSIBLE
DELAY TO
AWARD OF CONTRACTS FOR CAPITAL ITEMS
    * APPLICATION DECISION FOR UK 33RD OFFSHORE LICENSING ROUND
EXPECTED IN H1 2024

Further company coverage:  HHR.AX 

 ((Reuters.Briefs@thomsonreuters.com;))