8th Jul 2025 07:00
08 July 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")
Mt Winter EPA 155 Update
Georgina Energy Plc, GEX.L is pleased to provide the following update on progress in relation to its Mt Winter permit and well re-entry program.
The Company has submitted the following documents to the Central Land Council ("CLC") in support of the finalisation of an Aboriginal Land Rights Act ("ALRA") agreement required for the granting of the selected priority area of EPA155 by the Northern Territory Minister for the Department of Mining and Energy:
· Mt Winter Work Program for the well re-entry of EPA155 (WMOG-AD-PL-01)
· Concept Well Design re-entry 1 (MW-01 RE1)
· Concept Well Design re-entry 3 (MW- 03 RE)
· Overview of proposed access roads
· Overview of the drilling pad location, camp pads and site location
· Environmental management plan (EMP)
· Plans for the upgrading of the site airstrip
· Cultural & Heritage Considerations
· Plans for acquisition of abbreviated additional seismic derived from a review of the recently completed reprocessing and re-mapping of the existing 2D seismic data
Georgina has advanced the re-entry program timeline following the execution of a previously announced agreement for acquisition of 100% of the Mt Winter tenement from Mosman Oil & Gas, which remains on track for completion.
In addition to Mt Winter 1, two other wells drilled in EPA155 are currently under review for their respective sequential re-entry potential. Recent completion of reprocessing and re-mapping of the existing seismic data has also provided a considerably expanded resource target area within EPA155.
Anthony Hamilton, Chief Executive Officer of Georgina Energy, commented:
"Following the decision to accelerate the Mt Winter re-entry, we have been working hard in partnership with the CLC and the Traditional Owners to provide all the required documentation for an ALRA agreement. This is an intense period of preparation for both our assets, and we look forward to sharing the anticipated positive news with our shareholders when we can. In the meantime, thank you for your support and patience while we progress these various workstreams."
END
Enquiries | |
Georgina Energy | |
Tony Hamilton | |
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 [email protected] | |
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, which Georgina Energy will hold a 100% working interest on completion of the purchase agreement with Mosman Oil & Gas.
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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