Georgina Energy plans seismic survey at Mt Winter helium project

Georgina Energy has announced plans to carry out a seismic survey at its Mt Winter subsalt helium, hydrogen and hydrocarbons project in onshore Australia, according to a recent press release. The technical team from Georgina Energy, in collaboration with Aztech, will conduct the onsite inspection from October 18-23. The proposed seismic program will cover approximately 190-line km, aiming to better understand the stratigraphy, formation tops and target zones.

The existing seismic data for the project was last acquired in 1981, indicating the need for updated information. The seismic survey is scheduled to take place early in 2027, with prospect re-entry drilling expected to commence by mid-2027. The Mt Winter project holds significant potential, with 2U Prospective Recoverable Resources of 234 BCF helium, 214 BCF hydrogen and 1.7 TCF natural gas, as stated by Georgina Energy.

The company is currently in discussions with drilling contractors, including Ensign Energy, for the tender process, which is set to begin in early 2027. Additionally, Georgina Energy is in talks with Harlequin Energy regarding funding for the pre-drill seismic survey, pending formal agreements. CEO Anthony Hamilton expressed optimism about the prospect, stating that the additional confirmatory seismic data, combined with the Hussar prospect re-entry well, could result in a game-changing, company-making opportunity.

Georgina Energy holds a 100% working interest in the EPA155 Mt Winter Prospect, contingent upon the successful completion of the sale agreement. This seismic survey initiative is set to take place in the Amadeus Basin of the Northern Territory.