Georgina Energy PLC (LSE:GEX) is preparing to conduct site inspections at its Mt Winter helium, hydrogen and hydrocarbons prospect in Australia’s Amadeus Basin as it progresses plans for re-entry at the project.
The company said inspections are scheduled to take place from 18 to 23 October and will cover civil engineering access, environmental assessments and the layout of a planned seismic programme.
The work is intended to support preparations for prospect re-entry and future drilling activities at Mt Winter.
Regulatory and Land Access Work Progresses
Georgina said terms under the Aboriginal Land Rights Act have been agreed, while approvals from the Central Land Council and Traditional Owners are targeted for mid-November.
Approval for the planned seismic programme is also expected shortly, according to the company.
Georgina is separately progressing settlement of its acquisition of a 100% interest in EP155, which contains the Mt Winter prospect, and has begun preliminary discussions with drilling contractors.
Chief executive Anthony Hamilton said the forthcoming inspection would support planning for civil works and environmental approvals ahead of potential drill rig mobilisation.
Mt Winter Targets Helium, Hydrogen and Hydrocarbons
Georgina has identified Mt Winter as prospective for helium, hydrogen and hydrocarbons based on its internal resource estimates. These remain estimates, and the supplied material does not establish that commercially recoverable resources have been demonstrated at the project.
Mt Winter is located in the Amadeus Basin near the producing Mereenie Oil & Gas Field.
The company is also advancing the Hussar prospect in Australia’s Officer Basin as part of its exploration and development portfolio.
Georgina Energy Operations
Georgina Energy is a London-listed helium, hydrogen and natural gas exploration and development company with onshore interests in Australia.
Through subsidiary Westmarket O&G, the company holds a 100% interest in the Hussar prospect and is progressing towards a full working interest in Mt Winter.
Its exploration strategy is focused on evaluating helium, hydrogen and gaseous hydrocarbon resources across the two projects.
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