MINING, MINERALS & METALS PLC

Regulatory Filings • Nov 20, 2025

National Storage Mechanism | Additional information

RNS Number : 3389I

Georgina Energy PLC

20 November 2025

20th November 2025

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")

Expression of Interest to Fund Hussar EP513

Georgina Energy Plc, GEX.L wishes to advise it has now received a non-binding expression of interest from Harlequin Energy Limited ("Harlequin") to provide the funding and enter into a Joint Operating Agreement ("JOA") for the drilling of the Hussar EP513 well for the recovery of helium, hydrogen and natural gas subject to further technical and economic due diligence by Harlequin.

HUSSAR EP513 Funding Proposal: In addition to providing funding for the well, the proposal includes the entering of a JOA that includes all associated logistics and planning. This will involve working with Georgina's engineering consultants, Aztec Well Construction, as well as coordinating with an Industry leading global oilfield Services Company who have been engaged by Harlequin.

This proposal remains subject to the finalisation and execution of a formal JOA and agreed commercial terms for the drilling at EP513, as well as the completion of full technical and economic due diligence of the EP513 Hussar License to the sole satisfaction of Harlequin and its advisors. Also, the Company will now undertake due diligence of Harlequin to satisfy this funding proposal.

Westmarket Oil & Gas Pty Ltd, a subsidiary of the Company, has secured drilling approval from the Department of Mines, Petroleum and Exploration in Western Australia ("DMPE", formerly "DEMIRS"), following consultation with the Traditional Owners (MNR) and the Central Desert Native Titles Services (CDNTS) pursuant to regulation 13(1)c of the Resource Management and Administration Regulations (RMAR).

Following the approval for drilling the Hussar well, the Company has commenced logistical preparations including repairs at the airstrip, access roads and planning of the drill pad and site locations for the drilling rig and crew, along with other critical elements of operational planning.

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

"Georgina is pleased to announce Harlequin's proposal for Hussar EP513. Georgina has highlighted the potential for offtake funding to develop both Hussar and Mt Winter which, combined with the recently announced acquisitions from Central Petroleum of Mt Kitty, Dukas and Magee, positions the Company to become a significant player in the extraction of helium and hydrogen and natural gas.

Georgina has a clear strategy to advance both Hussar and Mt Winter whilst taking advantage of opportunities that build portfolio diversification which the recent proposed acquisition will do. This strategy establishes multiple catalysts for the Company in 2026 and beyond. I look forward to reporting further developments."

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Enquiries

Georgina Energy

Tony Hamilton	via [email protected]
Mark Wallace

Tavira Financial Ltd - Financial Adviser and Joint Broker

Jonathan Evans	+44 (0)20 3833 3719
Oliver Stansfield

Oak Securities - Joint Broker

Jerry Keen	+44 (0)203 973 3678
Henry Clarke
Dillon Anadkat

Financial PR via [email protected]

Violet Wilson	+44 (0)203 757 4980
Letaba Rimell

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.

In line with market demand trends, Georgina Energy is well-positioned to capitalize on the growing gap between supply and demand for hydrogen and helium with the resource potential of EPA155 Mt Winter and EP513 Hussar projects for their potential accumulations.

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

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