REG - Georgina Energy PLC - Hussar EP513 Pre-Drill Works

Georgina EnergyAnnouncement

26/05/2026 07:00

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RNS Number : 6579F  Georgina Energy PLC  26 May 2026

26(th) May 2026

 

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 Pre-Drill Works

 

 

Georgina Energy Plc, GEX.L, has commenced pre-drilling civil engineering site
works for the Hussar prospect re-entry drilling in EP513 following the
execution of a contract with Ensign Australia Pty Ltd.  for the supply of the
Ensign 970 drill rig.

 

The contracted Ensign 970 drill rig is anticipated to penetrate the main
subsalt reservoir targets, the Townsend Formation and the fractured
Neoproterozoic basement lithologies which have been independently assessed as
having potential SPE PRMS (recoverable) Resources at 2U level of 283 BCF
helium, 315 BCF Hydrogen and 2,925 BCF hydrocarbon gas.

 

Contractors have arrived on site, and the Company has begun access civil
engineering works for the drilling of the Hussar prospect re-entry well. The
airstrip at the Hussar 1 well is being widened and graded to ensure it is
suitable for crew change aircraft and new CASA standard wind direction
indicator will be fitted; once drilling commences it is anticipated that there
will be approximately 12-15 crew exiting and the same number leaving on a
weekly basis in a 19 seat Swearingen Metroliner.

 

The main access track along a 1984 seismic line is being assessed and will be
cleared, levelled and graded suitable for 50 plus semi-trailer or B double
truck transport (each total mass of 40-60 tonnes plus). The drilling site and
camp site will be cleared, levelled, graded and compacted together with a
water well or wells installed on-site.

 

 

The Hussar Prospect Re-Entry Access Track(1984 Seismic Line)

 

The Company's technical consultants, Aztech Well Construction and Georgina
technical personnel are expected to be on site in June to supervise the
pre-drill site inspections as planned along with work programs to be completed
to ensure compliance with the Department of Mines, Petroleum and Exploration's
approved Well Management Plan lodged by Georgina's wholly owned operating
subsidiary Westmarket Oil & Gas Pty Ltd in 2025.

 

Contractors on site

 

 

 

Installation of CASA approved wind direction indicator

 

 

 

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

Financial PR via georginaenergy@apcoworldwide.com
(mailto:georginaenergy@apcoworldwide.com)

 Violet Wilson    +44 (0)203 757 4980
 Georgia Edmonds

 

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 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 and the Amadeus Basin is known for Helium,
Hydrogen and Hydrocarbon reservoirs with drilled  occurrences of high
concentrations of these gases (up to 9.5%, 11% and 40% respectively).

 

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, EP513 Hussar for their
potential accumulations.

 

 

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

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