REG - Georgina Energy PLC - Mt Winter EPA 155 Update

Georgina EnergyAnnouncement

19/08/2025 07:00

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RNS Number : 7964V  Georgina Energy PLC  19 August 2025

 

19(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")

 

 Mt Winter EPA 155 Update

 

Georgina Energy Plc, GEX.L, a helium, hydrogen and natural resources
development company in Australia, wishes to provide the following update on
progress in relation to its Northern Territory EPA155 Mt Winter tenement
application and the completion of its 100% ownership acquisition.

 

Highlights

 

 ·             ALRA agreement process advancing, with no major impediments identified by
               the Central Land Council (CLC)
 ·             First draft of the ALRA agreement is expected shortly, enabling completion of
               the 100% acquisition of Mt Winter from Mosman Oil & Gas
 ·             The resource target area within EPA155 has expanded significantly,
               supporting a 38% uplift in 2U/P50 recoverable resources
 ·             Two additional wells within EPA155 are under review for re-entry, following
               seismic reprocessing
 ·             Mt Winter is located within the Amadeus basin and in close proximity to
               previously drilled wells which encountered significantly high concentrations
               helium, hydrogen and natural gas which flowed to surface

 

 

Mt Winter EPA155 Status

 

The Company previously advised that it has submitted the required
documentation in support of its Mt Winter work program (WMOG-AD-PL-01) to the
Central Land Council ("CLC") required to finalise an Aboriginal Land Rights
Act ("ALRA") agreement. This agreement is necessary for the granting of the
selected priority area of EPA155 by the Northern Territory Minister for the
Department of Mining and Energy.

 

Importantly, the CLC has found no major impediments to the drafting of the Mt
Winter ALRA agreement, and the Company anticipates receiving the first draft
shortly. Once finalised, the agreement will allow the Company to swiftly
complete on the Share Purchase Agreement, thereby acquiring 100% ownership of
the Mt Winter tenement from Mosman Oil & Gas.

 

Georgina has been informed that the ALRA agreement will be completed by the
CLC following its current priority work on a new production agreement for the
Mereenie Oil and Gas Field. The Mereenie Oil and Gas Field, located
approximately 70 km east of the Mt Winter re-entry project, holds a rich
history as the largest onshore oil and gas field in mainland Australia at the
time of its discovery in 1964. Since commencing production in 1984, the field
has consistently delivered, with over 17 million barrels of oil and around 280
billion cubic feet of gas produced to date.

 

The forthcoming ALRA agreement will also incorporate Mt Winter-1 and two
additional historical wells drilled on EPA155, both under active review for
their sequential re-entry potential. In parallel, recent reprocessing and
re-mapping of the existing seismic data has significantly expanded the
prospective resource target area within EPA155, resulting in a 38% increase in
2U/P50 recoverable resources.

 

 

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

 

"The Company remains confident in finalising the ALRA agreement, which will
include the decision to accelerate the Mt Winter re-entry. While the new
Mereenie production agreement has caused a brief delay, we continue to work in
partnership with the CLC and the Traditional Owners to expedite an agreement
and unlock the expanded potential of EPA155.

 

"Alongside this, following submission of our revised Environmental Management
Plan also look forward to providing further updates regarding drilling permit
approval at Hussar EP513"

 

 

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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