Georgina Energy PLC
08 July 2026
8th July 2026
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")
Hussar EP513 Pre-Drill Site Works Update
Georgina Energy Plc, (LSE: GEX.L), a helium and hydrogen exploration company with strategic permits in Australia, confirms that, contractors have completed several significant elements of the pre-drill site works required for the Q3 Hussar drilling program. The completed works represent a key step towards mobilisation of the contracted Ensign 970 drill rig to enable the testing of this exciting prospect, which has 300 km² of areal closure and is one of the largest subsalt Helium, Hydrogen and Hydrocarbons prospects onshore Australia.
Highlights
· The drill pad, site pad, accommodation pad and camp site have been cleared, graded and preliminary assessments of suitable gravel and clay ratios conclude that the pads will be easily accurately levelled and compacted.
· Airstrip repairs and widening have been completed, and the airstrip is currently operational with a new wind direction indicator installed.
· An appropriate water well location on the drilling pad has also been selected to facilitate water well drilling ahead of rig mobilisation.
· The seismic line access tracks have been cleared and graded from the wellsite through to the Gunbarrel Highway.
· The Gunbarrel Highway across to Wiluna has now been graded and repaired to a standard to take multiple semi-trailer loads.
· The contracted Ensign Rig 970 remains scheduled for mobilisation to site following completion of the full preparatory works, with an anticipated spud date in September 2026.
· Hussar will target primary subsalt reservoir formations, including the Townsend Formation and fractured Neoproterozoic basement lithologies, for Helium, Hydrogen and Hydrocarbon gases.
· The September spud date in Q3 remains on target.
Anthony Hamilton, Chief Executive Officer of Georgina Energy, commented:
"Georgina's contractors have completed the required preliminary site works for the drilling and development of its wholly owned Hussar EP513 Project.
"Following our site visit and inspection, I am pleased to confirm the progress made which will support both the mobilisation of the Ensign Drill Rig and completion of the engineering works required to enable the drill testing of this exciting prospect in Q3 2026.
With 300 km2 of areal closure, the Hussar prospect is one of the largest subsalt Helium, Hydrogen and Hydrocarbons prospects onshore in Australia."
Drill Pad Site and Access Road to Gunbarrel Highway
The remaining pre-drill site works, including accurately leveling and compacting, are planned for completion to ensure compliance with the Department of Mines, Petroleum and Exploration's approved Well Management Plan lodged by Georgina's wholly owned operating subsidiary Westmarket Oil & Gas Pty Ltd in 2025. The September spud date in Q3 remains on target.
The Hussar Airstrip following clearing and widening is now fully operational
The Hussar prospect lies in the Officer Basin, Western Australia in exploration permit EP513 (SPA 0036). Georgina Energy intends to drill the EP513 Hussar well to a depth of 3,200m, targeting the primary subsalt reservoir formations, including the Townsend Formation and the fractured Neoproterozoic basement lithologies, for helium, hydrogen and natural gas.
Independent consultants confirmed that Hussar has the required elements to yield net attributable 2U Prospective Resources of 155 BCFG Helium & 173 BCFG hydrogen with a potential combined in-situ value of US$55 billion (He US$350/MCFG, H US$2.65/kg) and net attributable 2U Prospective (recoverable) Resources of 1.73 TCFG of Natural Gas with potential in-situ value of US$5.24 billion.
Hussar Drill Site works and Drill pad preparation
GEX CEO and Executive Technical Director inspecting Hussar Drill Pad Site works
Hussar Pre-Drill Site works
The Georgina Hussar EP513 project ranks among Australia's largest onshore subsalt Helium, Hydrogen and Hydrocarbon prospects situated within the Officer Basin, Western Australia targeting the primary subsalt reservoir formations, including the Townsend Formation and the fractured Neoproterozoic basement lithologies.
Further updates will follow as we progress towards the September spud date along with additional site photos which can be viewed by shareholders on the Georgina website.
ENDS
Enquiries
Georgina Energy
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Tony Hamilton |
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Mark Wallace |
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Tavira Financial Ltd - Financial Adviser and Joint Broker
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Jonathan Evans |
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Oliver Stansfield |
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Financial PR via georginaenergy@apcoworldwide.com
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Violet Wilson |
+44 (0)203 757 4980 |
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Georgia Edmonds |
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,
EP513 Hussar and the Mt Kitty and Dukas
projects for their potential accumulations.
For more information visithttps://www.georginaenergy.com
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