Skip to main content
The Markets by Proactive
Go to Proactive UK
Proactive UK has moved. Proactive’s coverage of London’s small caps continues on proactiveinvestors.com Go there →
Advertisement
The Markets
by Proactive
Proactive UK has moved.
Coverage of London’s small caps continues on proactiveinvestors.com
Go to Proactive UK
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK
Advertisement
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK

Archive

Georgina Energy makes progress with Hussar and Mt Winter projects despite severe weather

Georgina Energy makes progress with Hussar and Mt Winter projects despite severe weather

Georgina Energy PLC (LSE:GEX) CEO Anthony Hamilton talked with Proactive's Stephen Gunnion about the company’s progress at the Hussar and Mt Winter projects, as well as plans for 2025. Hamilton outlined the challenges faced during the Hussar project due to severe weather, which temporarily delayed personnel movement. Despite these setbacks, the company is confident about obtaining its drilling permit early next year.

For Mt Winter, Hamilton highlighted progress, including steps toward finalising an Aboriginal land access agreement and seismic data reprocessing. He noted, "The beauty of these assets is that they have proven concentrations of helium, hydrogen, and natural gas at surface."

Additionally, Hamilton discussed ongoing negotiations for farm-in agreements with major oil and gas companies and Georgina Energy’s strategic focus on upgrading resources through detailed studies and partnerships.

Looking ahead, the company is gearing up for key milestones in the first quarter of 2025, including scoping studies and announcements on farm-ins. Hamilton emphasised the company’s commitment to advancing its projects despite weather challenges and seasonal constraints.

Advertisement
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK