Georgina Energy (GEX ) has secured formal approval to drill the Hussar Prospect within EP513 in Western Australia.

Work at Hussar is advancing through initial site operations and permitting steps with Western Australia’s Department of Mines, Petroleum and Exploration (DMPE). Approval of the Well Management Plan was confirmed on 14 July, and on 22 October 2025 Georgina received Environmental Management Plan approval to drill the Hussar Prospect.

The planned programme at Hussar includes re-entry and deepening of the well to test the Townsend Formation, with additional evaluation of fractured basement for potential commercial gases. Casing integrity will be independently assessed. Contingency plans are in place to drill a new test well if required.

Importantly, recent technical work has upgraded subsurface estimates. A consultant review and seismic reprocessing delivered a ~20% increase in mapped potential at Hussar.

 

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Regulatory clearance removes the last major hurdle at Hussar, giving Georgina a clear path to mobilise and re-enter the well. The ~20% uplift in mapped potential, alongside planned tests of the Townsend Formation and fractured basement, strengthens the technical case.