REG - Georgina Energy PLC - Hussar EP513 WELL MANAGEMENT PLAN APPROVAL

Georgina EnergyAnnouncement

14/07/2025 07:00

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RNS Number : 8970Q  Georgina Energy PLC  14 July 2025

 

14(th) July 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 WELL MANAGEMENT PLAN APPROVAL

 

Georgina Energy Plc, GEX.L wishes to advise the Company's subsidiary,
Westmarket Oil & Gas Pty Ltd ("Westmarket"), has received formal approval
of its Well Management Plan for drilling activity at Hussar from the Western
Australian Department of Mines, Petroleum and Exploration ("DMPE") - formerly
the Department of Energy, Mines, Industry Regulation and Safety (DEMIRS).

 

The approval from the DMPE for the submitted Well Management Plan for Hussar
(WMOG-DR-PL-02 Rev2) covering the proposed drilling, well suspension or plug
and abandonment and care and maintenance activities, is subject to the
following conditions:

 

·      the exploration and recovery of Helium is permitted only when it
occurs as a mixture with hydrocarbons

·      Westmarket must provide evidence of valid insurance cover for the
drilling activity prior to the spudding of the Hussar-2 well

 

Final Drilling Approval: Once Westmarket has received approval for the final
expanded environmental management plans, and the final approval is granted as
required under legislation pursuant to regulation 13(1)c of the RMAR (Resource
Management and Administration Regulations), DMPE will issue the drilling
approval.

 

For the avoidance of doubt, preparation of, and access to, the Hussar Well
site cannot be undertaken until final expanded environmental management plans
are approved as part of the drill approval. The Company will then undertake
repairs at the Hussar airstrip and access roads, and begin to construct
drilling and camp location pads, as well as water wells.

 

 

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

 

"Georgina's operations team has worked on all the required obligations for the
Hussar drilling permit approval in cooperation with the indigenous community
representatives. We await approval for our extended environmental plan, and
look forward to receiving the final drilling approval once all obligations and
approvals have been obtained."

 

 

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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