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Operational Update

9 Dec 2025 07:00

RNS Number : 8046K
Georgina Energy PLC
09 December 2025
 

 

9th 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

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

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

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UPDUPGWAPUPAUQB
Date   Source Headline
4th Jun 202610:28 amRNSRepayment of Debt
2nd Jun 20267:00 amRNSIssue of Equity
1st Jun 202610:49 amRNSCompletion of £1 Million Fundraise
29th May 20269:03 amRNSAudited Final Results for Year Ended 31 Jan 2026
27th May 20264:42 pmRNSExercise of Warrants
26th May 20267:00 amRNSHussar EP513 Pre-Drill Works
22nd May 20268:16 amRNSIssue of Equity
20th May 20267:00 amRNSHussar EP513 Drill Contract Executed
6th May 202610:27 amRNSTermination of share purchase agreement
1st May 20267:04 amRNSCompletion of £1 Million Fundraise
28th Apr 202611:17 amRNSIssue of Equity
20th Apr 202611:59 amRNSResults of General Meeting
16th Apr 20269:48 amRNSHussar EP513 Drill Contract
27th Mar 20267:10 amRNSNet Asset Value(s)
25th Mar 20265:07 pmRNSPosting of Circular and Notice of AGM
13th Mar 20267:10 amRNSNet Asset Value(s)
12th Mar 20267:00 amRNSHussar EP513 Drill Contract Update
10th Mar 20267:10 amRNSNet Asset Value(s)
4th Mar 20267:00 amRNSHussar EP513 Drill Preparations Update
24th Feb 20267:00 amRNSMt Winter EPA 155 ALRA RECEIVED
17th Feb 20267:00 amRNSHussar EP513 Site Inspection
13th Feb 20267:30 amRNS-RBroker Research Initiation
5th Feb 20267:00 amRNSHussar EP513 Drill Operations Site Inspection
30th Jan 202611:16 amRNSDebt Drawdown of £500,000
29th Jan 20261:17 pmRNSHolding(s) in Company
26th Jan 20267:00 amRNSHussar EP513 Drilling/Funding
19th Dec 20257:00 amRNSOFFTAKE MOU EXTENSION EXECUTED
19th Dec 20257:00 amRNSOFFTAKE MOU EXTENSION EXECUTED
9th Dec 20257:00 amRNSOperational Update
20th Nov 20257:16 amRNSExpression of Interest to Fund Hussar EP513
14th Nov 20257:00 amRNSReplacement: Placing and Debt Facility
11th Nov 202510:00 amRNSACQUISITION OF ADDITIONAL RE-ENTRY TARGETS
4th Nov 20259:23 amRNSPlacing and Debt Facility
31st Oct 20257:47 amRNSHussar EP513 Drilling Approval
30th Oct 202511:20 amRNSHussar EP513 Drilling Approval Obtained
27th Oct 20257:33 amRNSInterim Results
22nd Oct 202510:52 amRNSHussar EP513 Environmental Plan APPROVAL
28th Aug 202510:53 amRNS£1m Fundraise to Advance Hussar & Mt Winter
28th Aug 20257:44 amRNSOFF-TAKE MOU EXECUTED AND PERMIT UPDATE
26th Aug 20257:01 amRNSOFFTAKE PROPOSAL & Helium-3 POTENTIAL
19th Aug 20257:00 amRNSMt Winter EPA 155 Update
18th Aug 20257:00 amRNSHussar EP513 Drilling Approval Update
6th Aug 20251:07 pmRNSResult of AGM
14th Jul 20257:00 amRNSHussar EP513 WELL MANAGEMENT PLAN APPROVAL
10th Jul 20257:00 amRNSRevised Resource Upgrade of 37.8% EPA155 Mt Winter
8th Jul 20257:00 amRNSMt Winter EPA 155 Update
7th Jul 20258:30 amRNSNotice of Annual General Meeting
7th Jul 20257:00 amRNSHussar EP513 Update
4th Jul 20254:00 pmRNSRestoration of Trading
30th Jun 20257:00 amRNS2025 Audited Final Results

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