Hussar

SPA 0036 Hussar: Officer Basin

  • Georgina Energy Plc holds a 100% working interest in SPA 0036 now EP-513. The area consists of 46 graticular blocks, (3,574 km2). Drilled in 1982 to a TD 2040m
  • The Company was granted the permit EP -513 in October 2023 to develop the licence and focus on the Hydrogen, Helium & Natural Gas potential 
  • The Hussar Project is considered by independent consultants to be one of the most potentially significant resource basins in the Asia Pacific region due to its significant Helium, Hydrogen, Oil & Natural Gas potential 
  • 3,574 km² airborne AEM -PTP survey (March 2022) showed significant gas anomalies 
  • Native Title Land Access Agreements have been executed

Independent consultants confirmed that Hussar has the required elements to yield net attributable 2U Prospective Resources of 155 BCFG Helium & 173 BCFG Hydrogen with a potential combined in-situ value of US$55 billion (He US$350/MCFG, H US$2.65/kg).

Net attributable 2U Prospective (recoverable) Resources of 1.73 TCFG of Natural Gas with potential in-situ value of US$5.24 billion.

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