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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Georgina Energy Plc | LSE:GEX | London | Ordinary Share | GB00BSMN5L80 | ORD 5P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 6.75 | 6.50 | 7.00 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
13 March 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")
GEORGINA PERSONNEL RETURN TO EP513 HUSSAR SITE
Georgina Energy Plc (GEX.L), a helium, hydrogen and natural resources development company in Australia, is pleased to advise that the team successfully arrived on site at EP513 Hussar on 11th March to complete the updated Environmental Impact Survey "EIS2" and Heritage Reports to secure drilling approval.
Further to the update on 3rd March, the Company's personnel, including representatives of engineering consultancy Aztech Well Construction, two cultural history specialists, six Traditional Owners and two environmental specialists and contractors are now on site at Hussar.
The EIS2 survey and cultural heritage survey are being conducted in response to the expansion of the structural closure and additional development opportunities within EP513. These surveys are integral to securing drilling approval for Hussar and will enhance the scope of future field development. The Company and its HSE team continue to monitor the weather and the safety of all personnel on site via satellite communication.
Georgina's contractors will also inspect the well site area. It has already been determined the access roads into EP513 and the airstrip will require repairs following the heavy rains and flooding.
The Company expects that the completed EIS2 and cultural heritage survey, which together are a significant and comprehensive submission, to be lodged with DEMIRS in May 2025.
Anthony Hamilton, CEO of Georgina Energy, commented:
"The successful arrival on site of the Georgina team is a welcome development following the unforeseen weather-related delays. The completed EIS2 and cultural heritage survey will be lodged as soon as practical to secure drilling approval at EP513 Hussar."
END
Enquiries
Georgina Energy
Tony Hamilton |
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Mark Wallace
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Tavira Financial Ltd - Financial Adviser and Joint Broker
Jonathan Evans |
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Oliver Stansfield |
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Oak Securities - Joint Broker
Jerry Keen |
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Henry Clarke |
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Dillon Anadkat |
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Financial PR via georginaenergy@apcoworldwide.com
Violet Wilson |
+44 (0)203 757 4980 |
Letaba Rimell |
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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, and subject to completion of the contract of sale Georgina Energy will hold a 100% working interest through Westmarket Oil & Gas Pty Ltd.
For more information visit https://www.georginaenergy.com
LinkedIn: Georgina Energy
Twitter/X: @GeorginaEnergy
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