Mt Winter Development and Site Works Update

Summary by AI BETAClose X

Georgina Energy PLC has provided an update on its Mt Winter project, detailing progress on site inspections and approvals for civil engineering and environmental impact assessments, with site evaluation planned to commence October 18, 2026. All parties have agreed to Aboriginal Land Rights Act terms, and Central Land Council and Traditional Owner approval meetings are progressing, with a formal authorization meeting scheduled for mid-November. The company is expediting the re-entry and development program for the prospect, which holds a prospective resource of 234 BCF helium, 214 BCF hydrogen, and 1.7 TCF gas. Drilling contractor discussions are underway, and settlement for the 100% acquisition of EP155 is in progress, pending tenement grant.

Disclaimer*

Georgina Energy PLC
06 October 2026
 

 

6th October 2026

 

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")

 

Mt Winter Development and Site Works Update

 

Georgina Energy Plc, (LSE: GEX.L), a helium, hydrogen and natural gas exploration and development company with strategic permits in Australia, provides the following update on its project status of the Mt Winter subsalt helium, hydrogen and hydrocarbons prospect in onshore Australia.

 

The Georgina technical and operations team will be attending site from 18-23 October accessing from Alice Springs via the Mereenie oil and gas field. The inspection will include road access, the proposed prospect re-entry site, the existing airstrip as well as the layout of the proposed seismic program.

 

The inspections and reporting will include both civil engineering requirements as well as a preliminary Environmental Impact Statement (“EIS”) for the area which has been subject to previous extensive seismic as well as three drilling sites.

 

Highlights Mt Winter

 

  • Approvals for preliminary site inspections currently under way with civil engineering access and site evaluation planned to commence 18 October 2026.
  • ALRA (Aboriginal Land Rights Act) terms have been agreed by all parties.
  • CLC (Central Land Council) and Traditional Owners approval meetings and discussions are progressing with a final formal authorisation meeting planned for mid-November.
  • Settlement arrangements for the 100% acquisition of EP155 are underway; with settlement with Mosman Oil & Gas (now Quantum Helium) to complete following grant of the tenement by the Northern Territory Minister Mines and Energy.
  • The Company will be expediting the prospect re-entry and development program for the highly prospective Mt Winter project with, inter alia, 2U/P50 Prospective of 234 BCF helium, 214 BCF hydrogen and 1.7 TCF gas.
  • Seismic approval process is anticipated to be completed shortly.
  • Drilling contractors have been contacted with initial discussions undertaken with Ensign Energy Drilling and other contractors.

 

 

Image preview

 

The Mereenie Oil & Gas Field- c.80 km along strike from the Mt Winter project has been -in continuous production since 1984. Over its life the field has produced more than 17 million barrels of oil and condensate and more than 280 petajoules of natural gas. (Courtesy Central Petroleum Limited)

 

 

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

“The planned site inspection will allow us to  prepare the civil engineering works plans and environmental approvals which, similar to Hussar, will facilitate the arrival of a drill rig. The rig selection process has been initiated with Ensign Energy and other contractors. Further updates will follow as we work to expedite the Company’s planned Mt Winter prospect re-entry.”

 

ENDS

 

 

 

 

 

 

 

 

 

Enquiries

 

Georgina Energy

Tony Hamilton

via georginaenergy@apcoworldwide.com

Mark Wallace

 

 

 

 

 

Tavira Financial Ltd - Financial Adviser and Joint Broker

Jonathan Evans

+44 (0)20 3833 3719

Oliver Stansfield

 

 

 

 

Clear Capital - Joint Broker

Bob Roberts

Robert Emmet

 

+44 (0) 20 38696080

 

 

 

 

 

 

Financial PR via georginaenergy@apcoworldwide.com

Violet Wilson

+44 (0)203 757 4980

Georgia Edmonds

 

 

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, subject to completion of the Sale Agreement Georgina Energy will hold a 100% working interest.

 

With the resource potential of the EP513 Hussar and the EPA155 Mt Winter projects in line with market demand trends, Georgina Energy is well-positioned to capitalize on the growing gap between supply and demand for hydrogen, helium and gaseous hydrocarbons in Australia and globally.

 

For more information visit https://www.georginaenergy.com

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