Member Info for kbw271186

Georgina Energy

@GeorginaEnergy

#GEX Hussar EP513 Site Inspection:

🔹Wellsite, camp, airstrip & access routes inspected and confirmed fit for purpose

🔹RFQs progressing for rigs, casing & key services

🔹Civil works set to commence Q2

🎯Drilling targeted for Q3 2026

Dai2belts, nothing yet. Will keep an eye out and post if anything is mentioned.

Georgina Energy

@GeorginaEnergy

·

30m

#GEX Clear Capital has published an initiation note

Key takeaway: portfolio shifted from frontier exploration to re-entry/appraisal, with offtake-led funding (incl. Harlequin for Hussar) multiple catalysts across Hussar & Mt Kitty into 2026–27

Georgina Energy (GEX)

has announced that Clear Capital Markets has published an initiation note on the company.

The broker reviews Georgina’s Hussar and Mt Winter assets, alongside the Mt Kitty, Dukas and Mahler/Magee opportunities held by Central Petroleum that Georgina is in the process of acquiring. Overall, Clear Capital’s main takeaway is that the portfolio has moved from frontier exploration towards re-entry and appraisal, which it sees as a clear step-change in maturity and risk profile.

In addition, the note references Georgina’s structured, offtake-led funding approach. This includes the recently announced $25 million Harlequin facility intended to fund the Hussar drilling programme, alongside wellhead sales and offtake pathways as part of the commercialisation strategy.

Clear Capital also offers a constructive view of the helium and hydrogen markets, arguing that new sources of reliable helium supply are increasingly valued. It highlights supply that can be brought online without relying on LNG infrastructure or multi-year development timelines.

The broker points to two parallel execution tracks as key catalysts: a lower-risk re-entry and appraisal programme at Mt Kitty, and a funding-supported, larger-scale drilling campaign at Hussar, with multiple potential value inflection points through 2026 to 2027.

View from Vox

This reads as a positioning statement to frame Georgina as more execution-led than frontier-led, with funding and near-term workstreams intended to reduce the usual binary exploration overhang. The next swing factors, however, remain delivery on re-entry outcomes at Mt Kitty and progress at Hussar under the Harlequin-backed programme.

Andrew Scott

@AndrewScottTV

·

34m

Sagebrush 3D seismic acquired and now being fully interpreted

Sproule independently certified resources at both Sagebrush & Coyote Wash in Colorado

More than 1 BCF 2U gross #helium verified across the portfolio

That’s a solid technical foundation

The focus now is straightforward!

Secure final approvals and execute the extended production test at Sagebrush-1

#QHE

@quantum_helium

**********

#gex view from @**********

"if georgina can confirm a suitable rig by 25 february and keep site works on track, it strengthens the case for a q3 2026 spud.

the non-dilutive funding structure is also a clear positive."

https://www.**********.com/articles/georgina-energy-lines-up-explorer-rig-as-hussar-drilling-preparations-move-forward-6339d68

Georgina Energy

@GeorginaEnergy

·

51m

#GEX Hussar EP513 drilling update:

🔹Explorer Rig under review, availability expected Feb

🔹Site inspection to finalise access, pads & airstrip works

🔹Fully funded, non-dilutive drilling programme backed by Harlequin

🎯Targeting Q3 2026 spud

Georgina Energy Plc, GEX.L provides the following update on drilling at Hussar EP513.

The Company's technical consultant Aztech has commenced the program to issue RFQs (Requests for Quotation and Supply) in support of the planned drilling program. Preliminary indications are that the Explorer Rig is appropriate in specifications to complete the drilling program and is potentially available subject to final confirmation by 25th February.

The Company's representatives and technical consultancy team will be travelling to site on 12th February 2026 to undertake detailed inspections and evaluate planned work programs designed to ensure that the drilling of the Hussar well can commence promptly following the necessary site and access works inclusive of repairs to the airstrip, access roads and preparation of the drill pad and accommodation pad.

These works will facilitate the coordinated and successful completion of drilling to test the main targeted reservoirs, ie the subsalt Townsend Formation and fractured basement lithologies. The team will be inspecting and taking images of the various sites as indicated on the map below. Following completion of these site inspections, selected images will be posted on the Georgina website for shareholders to view.

The Operating Agreement governing the drilling program for Hussar will see Harlequin, Schlumberger and Aztech Well Construction plan all site activities in line with the Government (DMPE) approved Well Management Plan (WMP) lodged by Georgina in 2025.

The drilling program and site infrastructure works required to develop Hussar into a producing asset will be funded solely by Harlequin and their partners in a structured Offtake funding arrangement that is non-dilutive for Georgina shareholders.

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

"We're pleased to be progressing rig selection for drilling and will be conducting a site inspection from 12th February. The site and access works planned are designed to best prepare us for drilling in Q3, 2026. Georgina and Harlequin have worked hard to structure this agreement to minimise exposure to significant capital outlay and therefore reduce dilution risk for shareholders."

Georgina Energy

@GeorginaEnergy

·

9m

#GEX CEO Tony Hamilton:

“Watch this space”

🔹Multiple updates ahead as site works progress

🔹Four suitable drill rigs identified - no supply constraint

🔹Final rig selection to be confirmed by Aztech & Schlumberger

Drill execution planning is moving forward.

#Helium #Hydrogen

Georgina Energy

@GeorginaEnergy

·

1m

🎙️#GEX CEO Tony on the +30% resource upgrade at Hussar:

🔹Independent review by senior geoscience specialists

🔹Fractured basement identified as key driver of higher volumes

🔹Updated estimates: 283 Bcf #Helium, 315 Bcf #Hydrogen, ~2.9 Tcf #NaturalGas

Georgina Energy

@GeorginaEnergy

·

1h

🎙️ #GEX CEO Tony on why Schlumberger matters

🔹Technical engagement alongside Harlequin

🔹Full data access & validation

🔹Depth of work helped underpin the decision to fund & off-take

A strong technical foundation supporting the path toward a 2026 drill programme.

Georgina Energy

@GeorginaEnergy

·

1h

🎙️ #GEX CEO Tony on structured off-take funding model:

🔹Gas sold at the wellhead

🔹Off-taker funds drilling and downstream infrastructure

🔹No equity raise → non-dilutive for shareholders

A capital-light route to development, with funding recovered from future production.

PRESS RELEASE

26th January 2026

HUSSAR EP513 FUNDING/DRILLING

Harlequin Energy Limited ("Harlequin") have formally confirmed to Georgina Energy PLC ("GEX") its intention to proceed with funding for the Hussar EP513 prospect for the anticipated recovery of Helium, Hydrogen and Natural Gas.

HUSSAR EP513: Harlequin and their external oilfield services advisors will work in conjunction with Georgina's technical consultants to proceed with the planning, engineering and drilling of an exploration well at Hussar. Harlequin will fund the Hussar drill program in a structured offtake financing arrangement.

Georgina's technical consultant, Aztech Well Construction have identified four drill rigs available in Australia that meet the required specifications for the 50-day drilling program.

Under the terms of a Joint Operating Agreement (JOA) governing the drilling program for Hussar, Harlequin, and Aztech will plan all site activities in line with the Government (DMPE) approved Well Management Plan (WMP) lodged by Georgina in 2025.

Aztech have finalised detailed costings for the access roads, airstrip and drilling pad installation and will shortly complete costings for long lead items including casing, a well head, airstrip repair, water well drilling and reservoir evaluation services.

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

"Georgina has agreed terms for off-take funding to develop both Hussar and Mt Winter which along with the recently announced acquisitions from Central Petroleum of Mt Kitty, Dukas and Magee presents the company with the opportunity to become a significant participant in the extraction of Helium, Hydrogen and Natural Gas."

Matt Thompson Chairman of Harlequin Energy commented– this is a further major milestone, which we are delighted to have achieved alongside the management of Georgina Energy. We have already started working with our partners on this exciting project to ensure that this is successful and safe development which fully exploits all of the potential developments available.

Quantum Helium (LSE:QHE)

@quantum_helium

#QHE The seismic acquisition at Sagebrush is in its final stages 🔊

Strong progress from the field crews as the 3D survey pushes towards completion - an important step in advancing the Sagebrush #helium discovery

Further update...

Quantum Helium (LSE:QHE)

@quantum_helium

#QHE 📡 Sagebrush 3D seismic moving ahead

Seismic source trucks on site and the team has been pushing ahead with the 16 sq mile 3D programme

The survey ties into Coyote Wash and targets the Leadville & Ismay structures around the Sagebrush-1 #helium discovery

Processing continues into Q1 2026, refining drill targets and shaping development plans

📸 Seismic source fleet on location

Quantum Helium (LSE:QHE)

@quantum_helium

·

1h

#QHE 3D seismic advancing at Sagebrush - equipment and crews are on the ground and operations are progressing across the 16-sq-mile survey area

This high-resolution programme will map the subsurface around the Sagebrush-1 helium discovery and tie directly into the Coyote Wash 3D, sharpening drill targets and supporting development planning into 2026.

Big step forward as momentum builds across Colorado

#helium

#GEX With drilling approval secured, @GeorginaEnergy has begun site mobilisation prep while both sides move into mutual DD on Harlequin’s proposed funding agreement.

🔹A key step toward securing a funded drilling solution

The TR-1 should be coming too. Will be interesting to see who the ii is.

Https://www.harlequin-energy.com/news/

PRESS RELEASE

20th November 2025

HUSSAR EP513 FUNDING PROPOSAL

Harlequin Energy Limited ("Harlequin") has presented a proposal to Georgina Energy PLC ("GEX") to provide the funding to drill at Hussar EP513 for the recovery of Helium, Hydrogen and Natural Gas.

The proposal would involve Harlequin funding and entering into a Joint Operating Agreement (JOA) for the drilling of the well, including logistics and planning thereof. This will involve working with Georgina's engineering consultants, Aztec Well Construction and coordinating with one of the world leaders in oilfield services who have been engaged by Harlequin.

This proposal is conditional upon agreeing terms and the execution of a formal JOA on the commercial terms for the drilling at EP513, as well as full technical and economic due diligence of the EP513 Hussar License to the sole satisfaction of Harlequin and its advisors.

The drilling approval of the Hussar well, has seen the Company prepare logistics for repairs at the airstrip, access roads and planning of the drill pad and site locations for the drilling rig and crew along with other critical elements of operational planning.

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

"Georgina has always expressed the potential for off-take funding to develop both Hussar and Mt Winter which along with the recently announced acquisitions from Central Petroleum of Mt Kitty, Dukas and Magee presents the company with the opportunity to become a significant participant in the extraction of Helium and Hydrogen and Natural Gas."

Matt Thompson Chairman of Harlequin Energy, commented– this is a further major milestone, which we are delighted to have achieved alongside the management of Georgina Energy. We have already started working internally and with our partners on the next steps on this exciting project and to ensure that this is successful and safe development which fully exploits all of the potential developments available.

Notes for Editors

Harlequin Energy is a privately held independent oil and gas company building a balanced portfolio of assets in Australia, West Africa, Latin America and Europe.

Our team is dedicated to delivering growth in an efficient and sustainable manner. With a focus on innovation and responsible practices. We are committed to meeting the world's energy needs while minimising our impact on the environment.

The company's strategy focuses on effective stewardship of assets whilst seeking new opportunities to uphold a balanced portfolio of oil and gas exploration, development and production in a diversified range of countries focused on our core strengths of value enhancement, commercial discipline, risk management and leading capability.

With the assets we are building in our portfolio capable of producing through to the 2050s and a highly experienced team with the skills to extract the value from these assets, we will play a key role in t