RE: RNS providing updates9 Dec 2025 08:34
Hussar EP513 (Northern Territory, Australia):
Negotiations with Harlequin Energy to fund the drilling program.
Joint Operating Agreement (JOA) in progress.
Harlequin has access to a drill rig in Western Australia, pending Georgina’s review.
Logistics underway: airstrip repairs, access roads, drill pad prep.
Mt Winter EP155:
Indigenous consultant reports continued progress with the Central Land Council (CLC) for ALRA agreement release.
This will enable Georgina to complete its 100% acquisition.
Re‑entry program already submitted; funding discussions ongoing with offtake partners.
Central Petroleum Acquisition (Mt Kitty, Dukas, Magee/Mahler):
Prospectus being prepared for FCA approval.
Mt Kitty is the standout: historic flow of 500,000 scf/day with 9% helium, 11% hydrogen, and helium‑3 isotope.
Planned re‑entry with a 500m horizontal section could significantly boost flow rates and convert contingent resources into reserves.