REG - Georgina Energy PLC - Operational Update

Georgina EnergyAnnouncement

Tue 07:00

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RNS Number : 8046K  Georgina Energy PLC  09 December 2025

 

9(th) December 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")

 

 Operational Update

 

 

Georgina Energy Plc, GEX.L provides the following update for the approved
drill program at Hussar EP513 and progression of the Mt Winter and Central
Petroleum ("CTP") asset acquisitions.

 

HUSSAR EP513: The Company is completing negotiations with Harlequin Energy, a
preferred wellhead off taker, to fund the drilling program approved by the
DMPE which will include entering into a Joint Operating Agreement ("JOA") for
the drilling of the well, including logistics, planning and all site works.

 

Harlequin have advised they have access to a drill rig located in Western
Australia, which will be subject to review by Georgina. The Company continues
to prepare logistics for repairs at the airstrip, access roads, planning of
the drill pad and site locations for the drilling rig and crew along with
other critical elements of operational planning.

 

MT Winter EP155: The Company has been advised by its indigenous consultant of
continued progress for the release of the ALRA agreement from the Central Land
Council ("CLC"), which will facilitate completion of the 100% acquisition.
Planning remains well advanced with the prospect re-entry program having been
submitted. The Company is also in discussions with multiple parties to provide
funding for the re-entry under an offtake funding agreement.

 

Central Petroleum Acquisition: The Company is working with its advisers to
prepare the Prospectus for approval by the FCA. The three advanced re-entry
projects Mt Kitty, Dukas and Magee/Mahler are complementary to Georgina's
existing current Mt Winter and Hussar assets. Mt Kitty in particular flowed to
surface 500,000 standard cubic feet per day (SCFGD) with a significant
concentration of 9% Helium and 11% Hydrogen, including the presence of "3He"
(Helium Isotope 3). The planned re-entry and 500 metre horizontal section at
Mt Kitty is expected to significantly increase both the previous flow rate and
Contingent Resources, which would require a valid path in order to convert
into Proved, Probable and Possible Reserves.

 

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

"Georgina continues to negotiate with its off-take partners to provide funding
to develop both Hussar and Mt Winter, alongside advancing the potential
acquisition of Mt Kitty, Dukas and Magee from Central Petroleum. In
particular, we are excited by the potential that Mt Kitty offers as it could
provide significant reserves to the portfolio. I look forward to updating our
shareholders on our progress when possible and thank them for their patience
in the meantime."

 

 

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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