Georgina Energy (LSE:GEX) has reached agreement on an Aboriginal Land Rights Agreement with the Central Land Council, a significant step towards securing exploration permit EP155, which contains the company’s highly prospective Mt Winter helium and hydrogen project in Australia’s Amadeus Basin.
The agreement will now be presented to Traditional Owners for consideration and approval before being submitted to the Northern Territory Minister, who will determine the formal granting of the exploration permit. Completion of this process would provide Georgina with access to one of its key development assets.
The Mt Winter prospect is located close to the long-established Mereenie oil and gas field and is believed to host substantial prospective recoverable resources of helium, hydrogen and natural gas. The project forms a central part of Georgina’s strategy to build exposure to markets where long-term demand is expected to grow, particularly for helium and hydrogen.
Management intends to accelerate plans for the re-entry and development of Mt Winter once permitting is secured. At the same time, the company continues to advance preparatory drilling activities at its Hussar project in Western Australia, creating a parallel development pathway across its two flagship assets.
The progress at Mt Winter marks an important milestone in Georgina’s efforts to establish a presence in emerging helium and hydrogen supply chains. By advancing both projects simultaneously, the company aims to strengthen its position within sectors that are increasingly viewed as strategically important for industrial applications, energy transition initiatives and advanced technologies.
More about Georgina Energy
Georgina Energy plc is a UK-listed energy exploration company focused on the development of helium and hydrogen resources alongside associated hydrocarbon opportunities. Through its wholly owned Australian subsidiary, Westmarket O&G, the company holds interests in the Hussar prospect in Western Australia and is progressing the Mt Winter project in the Amadeus Basin. Its strategy is centred on supplying critical gases that are expected to play an increasingly important role in global energy, industrial and technology markets.
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