Georgina Energy CEO on latest progress at Mt Winter and Hussar projects

Proactive - Interviews for investors

Georgina Energy PLC (LSE:GEX) CEO Anthony Hamilton takes Proactive's Stephen Gunnion through the company’s latest progress at its Mt Winter and Hussar projects in Australia. Hamilton began with Mt Winter, noting that the Aboriginal Land Rights Act (ALRA) agreement process is progressing smoothly, with "virtually no objections" to the content of the agreement. He acknowledged that finalisation depends partly on the Central Land Council's current focus on the nearby Mereenie production agreement. He also discussed a 38% increase in recoverable reserves at Mt Winter, explaining it stems from reprocessed seismic data and evaluations. Importantly, two other wells on the site could add further value, pending re-entry and assessment. Hamilton emphasised the project's potential, highlighting that the region has historically delivered “significant high concentrations of helium, hydrogen and natural gas… and actually flowed at surface and documented it.” Turning to Hussar, Hamilton explained that the company has responded to all final inquiries regarding its revised Environmental Management Plan. With approval for the well management program already secured, the company expects to receive its final drilling permit soon. Hamilton confirmed that the next steps for both projects involve re-entering the wells. The company’s strategy focuses on selling gas at the wellhead, where off-takers would handle gas separation and use hydrogen to power onsite modular plants. This setup could enhance pricing for Georgina’s helium and natural gas output. For more updates like this, visit Proactive’s YouTube channel. Don’t forget to like the video, subscribe, and enable notifications to stay informed. #GeorginaEnergy #HeliumExploration #NaturalGasAustralia #MtWinterProject #HussarDrilling #EnergyInvesting #HydrogenProduction #OilAndGasNews #ASXUpdates #ProactiveInvestors