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RNS Number : 1448Q Georgina Energy PLC 08 July 2025
08 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")
Mt Winter EPA 155 Update
Georgina Energy Plc, GEX.L is pleased to provide the following update on
progress in relation to its Mt Winter permit and well re-entry program.
The Company has submitted the following documents to the Central Land Council
("CLC") in support of the finalisation of an Aboriginal Land Rights Act
("ALRA") agreement required for the granting of the selected priority area of
EPA155 by the Northern Territory Minister for the Department of Mining and
Energy:
· Mt Winter Work Program for the well re-entry of EPA155
(WMOG-AD-PL-01)
· Concept Well Design re-entry 1 (MW-01 RE1)
· Concept Well Design re-entry 3 (MW- 03 RE)
· Overview of proposed access roads
· Overview of the drilling pad location, camp pads and site
location
· Environmental management plan (EMP)
· Plans for the upgrading of the site airstrip
· Cultural & Heritage Considerations
· Plans for acquisition of abbreviated additional seismic derived
from a review of the recently completed reprocessing and re-mapping of the
existing 2D seismic data
Georgina has advanced the re-entry program timeline following the execution of
a previously announced agreement for acquisition of 100% of the Mt Winter
tenement from Mosman Oil & Gas, which remains on track for completion.
In addition to Mt Winter 1, two other wells drilled in EPA155 are currently
under review for their respective sequential re-entry potential. Recent
completion of reprocessing and re-mapping of the existing seismic data has
also provided a considerably expanded resource target area within EPA155.
Anthony Hamilton, Chief Executive Officer of Georgina Energy, commented:
"Following the decision to accelerate the Mt Winter re-entry, we have been
working hard in partnership with the CLC and the Traditional Owners to provide
all the required documentation for an ALRA agreement. This is an intense
period of preparation for both our assets, and we look forward to sharing the
anticipated positive news with our shareholders when we can. In the meantime,
thank you for your support and patience while we progress these various
workstreams."
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
Oliver Stansfield
Oak Securities - Joint Broker
Jerry Keen +44 (0)203 973 3678
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, 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/)
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