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Ansila Energy talks UK North Sea strategy as firm plans to monetise resource base in UK gas market

Ansila Energy's (ASX:ANA) Andy Matharu speaks to Proactive London about their acquisition of Hartshead which will be a new entrant in the UK North Sea. Matharu explains why he thinks the UK North Sea, and particularly the Southern Gas Basin, is a good place for Ansila to be developing their business. He goes on to demonstrate the Phase 1 development process and why they plan to monetise their resource base in the UK gas market. Matharu explains why infrastructure, specifically gas pipelines and processing terminals will be essential to Ansila as they develop the Phase I and Phase II gas fields.

Quick facts: Ansila Energy NL

Price: 0.025 AUD

Market: ASX
Market Cap: $46.24 m

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Ansila Energy to acquire Hartshead Resources to create new UK North Sea gas...

Ansila Energy's (ASX:ANA) Chris Lewis talks to Proactive about their plan to acquire Hartshead Resources in an all share deal to create a new UK North Sea Gas developer. Lewis talks through the rationale behind this transaction, the southern gas basin has been producing for over 50 years and...

on 27/1/21

2 min read