For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20260224:nRSX1593Ua&default-theme=true
RNS Number : 1593U Georgina Energy PLC 24 February 2026
24(th) February 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")
Mt Winter EPA 155 ALRA RECEIVED
Georgina Energy Plc, GEX.L is pleased to advise it has received the draft
Aboriginal Land Rights Agreement (ALRA) from the Central Land Council (CLC) to
facilitate the granting of EPA155 Mt Winter which will lead to the 100%
ownership of Oilco Pty Ltd, the current tenement holders. The Agreement is
being reviewed by Georgina and execution is anticipated subject to Traditional
Landowners approval.
Highlights
• Mt Winter is 70 kms west of the Mereenie Oil & Gas field which has been in
production since 1984 and has produced over 16 million barrels of oil, and 250
BCF of gas to date
• Current annual production at the Mereenie Oil & Gas field is 12 BCFG and
115,000 barrels of oil per annum
• Prospective Recoverable Resources of 2U/P50 of 283 BCF, Helium 214 BCF
Hydrogen and 1,734 BCF Hydrocarbon Gas
• Mt Winter has an aerial closure exceeding 3,200 acres with exceptionally thick
combined total targeted Heavitree and fractured basement reservoir sections
• The Amadeus Basin has demonstrated significant Helium, Hydrogen and
Hydrocarbon flows with up to 9% Helium, 11.5% Hydrogen and 40% hydrocarbon gas
from analogous wells in the same reservoir section as targeted at Mt Winter
• In addition, there are two additional wells within EPA155 which will be
investigated for potential re-entry
Once the Company, the CLC and Traditional Landowners execute the ALRA, it will
be submitted to the Northern Territory Minister for the Department of Mining
and Energy who will grant the Exploration Permit.
Anthony Hamilton, Chief Executive Officer of Georgina Energy, commented:
"The Company is very pleased with the outcome and wishes to thank Bob Liddle
(OAM), our Indigenous Consultant and the Georgina team for their tireless work
in consultation with the CLC and Traditional Owners in progressing the EPA155
ALRA Agreement. Georgina looks forward to accelerating the Mt Winter prospect
re-entry."
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
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, which Georgina Energy will hold a 100% working interest on
completion of the purchase agreement with Mosman Oil & Gas.
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/)
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
or visit
www.rns.com (http://www.rns.com/)
.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
. END MSCTIMFTMTBTMJF
Copyright 2019 Regulatory News Service, all rights reserved