Georgina Energy Increase #helium Resource by 20% as They Prepare to Enter the Well #gex

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➡️Georgina Energy announced a 20% overall increase for the resource upgrade for its EP 513 Hussar Prospect, with helium resources increasing by 26%, hydrogen by 26%, and hydrocarbons by 16%, following new seismic data analysis ➡️The upgraded seismic data revealed a much larger reservoir structure than initially anticipated, providing further potential for resource development but requiring additional seismic interpretation. ➡️ The company plans to re-enter the Hussar-1 well in December 2024, aiming to confirm the presence of helium, hydrogen, and natural gas, with further scoping studies underway to assess resource size and production potential. By Mark Fairbairn Recorded: 17/10/24