Our Market
Georgina Energy aims to be a leading participant in the global Hydrogen, Helium & natural gas markets, with the development of its well defined Prospective Resource
Helium & Hydrogen Resource Potential
- The Company, its consultants and the CPR have evaluated the potential of EP155 and the EP513 Hussar (SPA prospects to contain the required elements to yield significant Helium & Hydrogen accumulations. The CPR details the Prospective (recoverable) Resources in 1U, 2U and 3U categories in defined seismic closures which have been drilled almost to the proposed top of the relevant Hydrogen, Helium and natural gas reservoirs.
- Helium gas, inter alia, is produced by the radioactive decay of U and Th in rocks and sediments. It can be trapped in the subsurface under conditions that also trap natural gas. Most of the highly concentrated natural gas deposits containing economically significant Helium are hosted in deeper reservoirs overlying very old basement granites and granitic gneisses with radiogenic U and Th mineralisation.
- Hydrogen gas can be produced by the mechanism of radiolysis (irradiation, again from radiogenic U and Th minerals) upon molecular water, H2O.
- The Heavitree Formation in the Amadeus Basin, where successfully penetrated, has flowed gases with unusually high concentrations of both Hydrogen and Helium, up to 11% Hydrogen and 9% Helium, among the top 5% of concentrations in the world discovered to date.
- The Townsend Formation in the Officer Basin is the lateral Officer Basin equivalent of the Heavitree Formation and although it has not been tested to date, given the Neoproterozoic sections of both the Amadeus & Officer Basins were continuous during the evolution of the Centralian Superbasin, it is considered axiomatic geologically that similar concentrations of Hydrogen, Helium and natural gas will be produced in the Company’s Officer Basin acreage.