Hussar EP513 Environmental Plan APPROVAL
Georgina Energy PLC announced that its subsidiary, Westmarket Oil & Gas Pty Ltd, has received formal Environmental Management Plan (EMP) Approval from the Western Australian Department of Mines, Petroleum and Exploration (DMPE) for the Hussar Prospect in EP513. This approval covers the proposed drilling, allowing the company to test for the recovery of helium, hydrogen, and natural gas. This EMP approval is the final step required ahead of Drilling Approval for the Hussar well, which will allow the Company to commence repairs at the airstrip, access roads and preparation of the drill pad and site locations for the drilling rig and drill crew. The company will then affect the drilling and deepening of the well to the main target zone, the Townsend Formation and to test the secondary target zone of fractured basement reservoir.
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Georgina Energy Plc, GEX.L wishes to advise it has received formal Environmental Management Plan ("EMP") Approval to drill the Hussar Prospect in EP513.
HUSSAR EP513 EMP Approval: The Company's subsidiary, Westmarket Oil & Gas Pty Ltd ("Westmarket"), has received formal approval from the Western Australian Department of Mines, Petroleum and Exploration ("DMPE"):
The approval from the Department of Mines Petroleum and Exploration (DMPE) for the submitted Well Management Plan for Hussar (WMOG-DR-PL-02 Rev2 and Environmental Plan WMOG-EN-PL REV 01) covering the proposed drilling, will allow the company to test for the recovery of helium, hydrogen and natural gas at EP513.
This is the final step required ahead of Drilling Approval for the Hussar well, which will allow the Company to commence repairs at the airstrip, access roads and preparation of the drill pad and site locations for the drilling rig and drill crew. All parties will be contracted to affect the drilling and deepening of the well to the main target zone, the Townsend Formation and to test the secondary target zone of fractured basement reservoir.
Under the current Petroleum and Geothermal Energy Resources act (1967):
The exploration and recovery of Helium is permitted only when it occurs as a mixture with hydrocarbon.
Anthony Hamilton, Chief Executive Officer of Georgina Energy, commented:
"Georgina's operations team has worked tirelessly to overcome numerous obstacles since December 2024, including extraordinary weather events, flooding, restricted access, expanded resource profiles and detailed undertakings. This Environmental Plan approval is the final step required ahead of the Drilling Approval, allowing the Company to extract helium, hydrogen and natural gas at Hussar."
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.