Georgina Energy (LSE:GEX) has completed a series of civil engineering works at its Hussar EP513 prospect in Western Australia as it prepares the site for drilling.

The work included the installation of a 20-inch conductor pipe, drilling of a water well and preparation of drilling and camp pads. The company has also extended the Hussar airstrip to accommodate medevac operations and crew changes.

The activities form part of preparations for the mobilisation of the Ensign 970 drilling rig and the planned drilling of a well targeting the Hussar prospect.

Hussar Targets Helium, Hydrogen and Hydrocarbon Gas

The Hussar prospect has an estimated 330 square kilometres of areal closure at the 3U level and contains certified unrisked prospective resources of helium, hydrogen and hydrocarbon gas.

Georgina has provided estimates of the potential in-situ value associated with these prospective resources. However, commercial recovery has not been established and the estimates exclude the costs associated with developing and producing the resources.

The planned drilling programme is intended to test the subsalt prospect and provide further information on its resource potential.

Georgina Prepares for Rig Mobilisation

Completion of the civil engineering programme advances the site towards readiness for mobilisation of the Ensign 970 rig.

The Hussar prospect is held through Georgina’s subsidiary Westmarket O&G, which has a 100% interest in EP513.

More About Georgina Energy

Georgina Energy plc is a London-listed helium, hydrogen and natural gas exploration and development company with operations primarily in Australia.

Through Westmarket O&G, the company holds 100% interests in the EP513 Hussar prospect in Western Australia and the EPA155 Mt Winter prospect in Australia’s Northern Territory. Its exploration activities target helium, hydrogen and gaseous hydrocarbons in subsalt and fractured basement geological settings.