Georgina Energy Share Discussion Threads

[bad gateway] 19/8/2024 08:07

Doing just what they said they'd do on the tin.
Only way to shake off the shorts is to successfully execute the plan imo and today's news is another step along the way.

[stockhunters] 19/8/2024 08:07

big news out on helium company hex

should bring this back to life

[grannyboy] 19/8/2024 08:03

1376.
"M/c right now £11m😂should be x3 that."

I think that of most of the companies i'm invested in too, but it doesn't mean that the market believes that.

[purple11] 19/8/2024 07:59

3400m to penetrate the subsalt Townsend Formation, the subsalt target reservoir which has been independently assessed to host large volumes of Helium, Hydrogen and gaseous hydrocarbon prospective recoverable resources.

[purple11] 19/8/2024 07:58

CONTRACT SIGNED FOR HUSSAR WELL RE-ENTRY



Mining Minerals & Metals plc (to be re-named Georgina Energy Plc) GEX.L is pleased to announce the following Well Re-development Program.



The Company has engaged Aztech Well Construction to project manage the well re-entry at Hussar EP513 in the Officer Basin. Aztech is highly experienced at providing well project management and engineering solutions with over 14 years of experience managing drilling operations in onshore Australia having drilled over 40 wells in the Perth Basin between 2011 and 2023.



Re-entry Hussar EP513 Officer Basin Western Australia



· Westmarket Oil & Gas Pty Ltd, Georgina Energy's wholly owned operating subsidiary is anticipating the well re- entry program commencing in December 2024, subject the granting of a Drilling Permit from DEMIRS.

· The company plans to extend the original well drilled in 1982 to 2040m TD to 3400m to penetrate the subsalt Townsend Formation, the subsalt target reservoir which has been independently assessed to host large volumes of Helium, Hydrogen and gaseous hydrocarbon prospective recoverable resources.

· Previous exploration wells drilled in the 1980's in the Officer Basin targeted oil and did not penetrate the now targeted subsalt Townsend Formation; the basal sandstone of the Officer Basin which is the lateral equivalent to the Helium, Hydrogen and gaseous hydrocarbon bearing Heavitree Formation in the Amadeus Basin; both basins being sub-basins of the Neoproterozoic Centralian Superbasin.

· The Company is currently completing the required process for engineering design, HSE and environmental approvals as well as meeting its obligations under the Native Title Land Access agreement.

· The re-grading of the immediately adjacent airstrip along with site preparations is proceeding as planned.

· The Company and its consultants have also determined that the Hussar 1 wellhead top plate has an inspection valve fitted which will be inspected by Aztech for any possible pressure buildup prior to re-entry.

· Aztech's Senior Well Engineer, Connie Callison, has been assigned to work with the Company's technical team. She has extensive and comprehensive specialist experience in well intervention, drilling and completions, having previously worked for Chevron in both Australia and the USA.

· Georgina Energy has clearly stated its aspirations to become a global partner in the Helium and Hydrogen market and this program forms a critical part of its well re-development program.





Anthony Hamilton, Chief Executive Officer of Georgina Energy, commented:

"Georgina Energy has spent the past five years investing over GBP6.5million, with GBP2.5million contributed by the Directors, to develop its strategy of well re-development in Australia. This program aims to achieve positive outcomes in the exploration for natural gas, hydrogen and helium. The execution of the Hussar contract marks the first step in proving this concept."

[purple11] 19/8/2024 07:57

Mining, Minerals&Mtl - CONTRACT SIGNED FOR HUSSAR WELL RE-ENTRY #GEX @GeorginaEnergy #voxmarkets undefined

[jungmana] 19/8/2024 07:57

We have rns, great news

[bad gateway] 19/8/2024 07:40

Just gas and oil shows at Hussar-1 so far wasn't it? With the prospective resources looks promising for when they re enter though imo.

[purple11] 19/8/2024 06:21

i think he was referring to this from the georgina website.he was likely getting his wells mixed up......

The Mt Winter-1 well was drilled in 1982 to a depth of 2,650m TD but did not penetrate the subsalt Heavitree Formation Hydrogen, Helium & Natural Gas reservoir target but reached TD in salt just above it. All 3 previously drilled wells have penetrated the heavitree and have encountered high concentrations of Helium & Hydrogen. (up to 9% Helium 11% Hydrogen)

[purple11] 19/8/2024 06:12

indepedant consultats allude to there being $55 Billion worth of Hydrogen and Helium there so it is clearly highly prospective to say the least.

[purple11] 19/8/2024 06:07

not done intentionally. will check posts before i share them from now on.

[sunnyjim88] 19/8/2024 06:00

Just seen a post by someone that purple looks to have copied and pasted some false info. To clarify there hasnt been any helium found in Hussar at all to say so it disgusting, im all for the share but dont post misleading and untrue statements

[purple11] 19/8/2024 01:23

Super Roty
@super_roty
#GEX

Remember folks this well has already hit a Helium discovery. Roll on December.

[purple11] 19/8/2024 01:22

casper786
@casper7861
·
5h
Many have spoken some -ve some +ve

ULTIMATELY what will count and matter the most is when HUSSAR starts speaking

Lets c where #GEX is at when DRILL starts to turn in DEC..crazy VALUATION have been attributed to this £55BILLION is insane

M/c right now £11m😂should be x3 that

[purple11] 19/8/2024 01:21

casper786
@casper7861
Agree bro #gex will EXPLODE in coming days/wks best to LOAD UP on dips/weakness

Nothing goes UP in straight line RE-RATE northwards will be bumpy/volatile ULTIMATELY i can c £30m+ m/c be4 drill turns ( bare minimum )...during/post drill we could see £100m/£200m+ on SUCCESS

[batiatus] 18/8/2024 22:45

Buy buy buy

[countbasie1] 18/8/2024 20:15

Loads is plural. No apostrophe.

[albert35911] 18/8/2024 19:59

Time to retire to bed,must have had to much pork dinner and pudding,mummy cooks a very good dinner,Siko would love it.Now don’t forget rampers at this price you MUST buy load’s tomorrow,you would be mugs not to.LOLOLOL

[albert35911] 18/8/2024 19:46

If I said anything to offend you,it was purely intentional,now crawl back under your stone with all the other slugs on here.

[albert35911] 18/8/2024 18:13

Rallied into close, you are such a rose tinted girl.

[albert35911] 18/8/2024 18:12

Boring you say check your posts fool