REG - Georgina Energy PLC - Hussar EP513 Drilling Approval Update

Georgina EnergyAnnouncement

18/08/2025 07:00

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RNS Number : 6002V  Georgina Energy PLC  18 August 2025

 

18(th) August 2025

 

THIS ANNOUNCEMENT RELATES TO THE DISCLOSURE OF INFORMATION THAT QUALIFIED OR
MAY HAVE QUALIFIED AS INSIDE INFORMATION WITHIN THE MEANING OF (A) ARTICLE
7(1) OF UK MAR IN SO FAR AS IT RELATES TO ORDINARY SHARES ISSUED BY GEORGINA
ENERGY PLC

 

 

 

Georgina Energy plc

("Georgina", "Georgina Energy" or the "Company")

 

 HUSSAR EP513 DRILLING APPROVAL UPDATE

 

 

 

Georgina Energy Plc, GEX.L, announces that, following its RNS dated 14(th)
July, it has submitted a revised Environmental Management Plan (EMP) to
support the formal approval of its Well Management Plan for drilling activity
at Hussar EP513.

 

 

HUSSAR EP513 Approval Update

 

Westmarket Oil & Gas Pty Ltd, a subsidiary of the Company, has been
engaged with the Department of Mines, Petroleum and Exploration in Western
Australia ("DMPE", formerly "DEMIRS"), in consultation with the Traditional
Owners (MNR) and the Central Desert Native Titles Services (CDNTS) to ensure
final drilling approval is granted as required pursuant to regulation 13(1)c
of the Resource Management and Administration Regulations (RMAR). The Company
is confident the DMPE will issue the requested drilling approval in short
order.

 

The process is a significant undertaking by all parties to ensure compliance
and involves multiple submissions which are then reviewed by the relevant
regulators with any additional information to be submitted on request.

 

While this process has been lengthy, the ultimate outcome is access to the
Hussar wellsite. The initial programme calls for the Company to undertake
repairs at the Hussar Airstrip and access roads, and begin to construct
drilling and camp location pads together with water wells in preparation for
drilling.

 

 

Anthony Hamilton, Chief Executive Officer of Georgina Energy, commented:

 

"Georgina's operations team and consultants have worked closely in cooperation
with indigenous community representatives over a considerable period to ensure
all the required obligations for the granting of the Hussar drilling approval
are completed. We appreciate our shareholders' patience in this process as it
has been impacted by matters beyond our control such as unforeseen amendments,
including an increased resource area, and a once in 80-year flooding weather
event."

 

 

END

 

 

 

 

 

 

 

 

 

 Enquiries

 Georgina Energy
 Tony Hamilton    via georginaenergy@apcoworldwide.com (mailto:georginaenergy@apcoworldwide.com)
 Mark Wallace

 

 Tavira Financial Ltd - Financial Adviser and Joint Broker
 Jonathan Evans     +44 (0)20 3833 3719 (tel:+442038333719)
 Oliver Stansfield

 

 Oak Securities - Joint Broker
 Jerry Keen                      +44 (0)203 973 3678 (tel:+442039733678)
 Henry Clarke
 Dillon Anadkat

 

 Financial PR via georginaenergy@apcoworldwide.com
 (mailto:georginaenergy@apcoworldwide.com)
 Violet Wilson  +44 (0)203 757 4980
 Letaba Rimell

 

Notes to Editors

Georgina Energy aims to become a leading player in the global energy market
and is focused on establishing itself among the top producers of helium and
hydrogen worldwide. With a strategic approach and leveraging the experienced
management team's expertise, Georgina Energy aims to capitalize on
opportunities in these critical energy sectors.

 

Georgina Energy has two principal onshore interests held through its wholly
owned Australian subsidiary, Westmarket O&G.  The first, the Hussar
Prospect is located in the Officer Basin in Western Australia and Westmarket
O&G holds a 100% working interest in the exploration permit.  The second,
the EPA155 Mt Winter Prospect, is located in the Amadeus Basin in the Northern
Territory, subject to completion of the Sale Agreement Georgina Energy will
hold a 100% working interest.

 

In line with market demand trends, Georgina Energy is well-positioned to
capitalize on the growing gap between supply and demand for hydrogen and
helium with the resource potential of EPA155 Mt Winter and EP513 Hussar
projects for their potential accumulations.

 

For more information visit https://www.georginaenergy.com
(https://www.georginaenergy.com/)

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