30th Oct 2025 14:17
Gerogina Energy PLC - London-based onshore helium and hydrogen explorer with Australian licences - Says it has received formal approval to drill well EP513 at the Hussar project in Western Australia, with a further statement planned "in due course". This follows approval of its environmental management plan by the Department of Mines, Petroleum & Exploration last week, when the company noted regulation permitting helium exploration and recovery "only when it occurs as a mixture with hydrocarbon". It plans to extract helium, hydrogen and natural gas at Hussar.
Current share price: 5.40 pence, up 8.0% on Thursday afternoon in London
12-month change: down 42%
By Holly Munks, Alliance News reporter
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