Confidentiality Agreement Signed

Georgina Energy Plc, GEX.L is pleased to advise that, via its wholly owned subsidiary Westmarket Oil & Gas Pty Ltd, it has executed a Confidentiality Agreement (the "Agreement") with a well-established Australian-listed Oil & Gas exploration and production company, with Australian onshore gas production assets, in relation to its well re-entry programme.

As announced on 3rd October 2024, the Company has completed a review of potential additional well re-entry targets for a programme following Hussar and Mt Winter drilling. Georgina has reached out to various parties to determine interest in either a farmout or direct interest.

The purpose of the Agreement is to evaluate the potential acquisition or farm-out of certain permits between the parties, subject to formal agreements. The Agreement is for a 24 month period from the date of execution.

This Agreement is in addition to the targets identified previously by Georgina Energy and its consultants.

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

"The execution of this agreement with a well-established, production company with Australian onshore gas assets and significant acreage, provides Georgina with exciting potential opportunities for growth following the development of Hussar and Mt Winter."