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Hartshead Resources NL

ASX:HHR
A$0.014Latest close held · delayed
No price history held for this listing yet.
Market cap
—
Shares on issue
0
In-ground value
A$9.36bn
Risked multiple
—
Story beats
109 since 2011
Last event
24 June 2026

Value Hartshead Resources NL yourself

Five quick questions, every figure from Hartshead Resources NL's own disclosures (newest estimate 30 Apr 2026).

78 of 78 targets · best case · 17% overall chanceChance-weighted valueA$1.55bn
1

What do you want to value?

A target is an oil or gas accumulation Hartshead Resources NL has published an estimate for. All of them count to start with, largest first - untick any you don't believe in.

A discovery has already been drilled and found oil or gas. A prospect has not been drilled yet, so it carries extra risk that nothing is there. Reserves are already being produced or approved.

2

How big could it be?

Companies give a low, best and high case. Pick one - the badges show how much the targets you picked hold in that case.

The low case has a 90% chance of being matched or beaten, the best case 50%, the high case only 10%. Gas is in billions of cubic feet, oil and condensate in millions of barrels.

50%chance of at least4,458bcf gas
50%chance of at least10,379mmbbl liquids
3

How likely is it?

Two chances multiply together: that the oil or gas is really there, and that it actually gets produced.

Being there only matters for an undrilled prospect - a discovery has already proved it. Getting produced needs funding, approvals, buyers and costs to line up. Reserves carry neither.

Chance it's there30%

Applies to the prospects you picked. 20-35% is typical for an undrilled conventional prospect.

Chance it gets produced50%

Applies to discoveries and prospects. Reserves are already counted as produced.

4

What is it worth in the ground?

Oil or gas still underground is worth far less than at the market - someone still has to pay to drill, build and produce it.

These defaults are a common rule of thumb for in-ground value. Takeover prices and broker reports help if you want your own figure.

5

When will we know?

Hartshead Resources NL's own stated next steps, from its announcements.

The further away a result is, the longer your money waits - and the more chance of delays or new shares being issued to fund it.

Hartshead Resources NL has not stated dates for its next steps in the announcements we hold.

✓

Your result

A$9.36bnif every picked target works
17%overall chance, by value
A$1.55bnchance-weighted value

What each way to invest is worth

Chance-weighted value against today's price. Listed options get their own column - usually the most geared way in, and the riskiest.

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