Joined October 2022
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#GEX Hussar EP513 progress
🔹Wellhead ordered from Cactus Wellhead
🔹Ensign notified on Ensign 970 rig mobilisation
🔹Seismic applications lodged with WA DMPE
Site preparation complete and work continuing towards drilling. More news to follow.
RNS: irtools.co.uk/75/story/0b88e…
#GEX on the ground at Mt Winter, inspecting wellhead, water well, access & proposed seismic lines
The asset carries 2U/P50 resources of 234 BCF #Helium, 214 BCF #Hydrogen and 1.7 TCF gas, with seismic tenders called & Harlequin funding talks ongoing
RNS: irtools.co.uk/75/story/18cf6…
#GEX Hussar’s scale is backed by compelling modelled economics.
Independent Scoping Study:
🔹US$1.64bn NPV
🔹27.3% IRR
🔹US$7.3m–US$208m p.a. potential pre-tax profit
The focus now is on getting the rig to site.
#GEX is moving Mt Winter towards drill-readiness, with the team on site 18–23 Oct to assess access, civils, seismic layout and EIS requirements.
The aim is to complete the groundwork now so Mt Winter is ready for rig mobilisation.
#GEX CEO Tony Hamilton tells @VoxMarkets "Hussar just needs a drill rig.”
All civils and prep complete, roads are reopening after flooding, and once heavy-vehicle clearance is granted Ensign can mobilise for the 3,200m drill programme.
#GEX View from @VOXmarkets
"The October site visit should help move Mt Winter closer to the execution stage by defining civil works and environmental requirements ahead of re-entry.
Georgina is advancing several key workstreams in parallel."
voxmarkets.com/articles/geor…
#GEX advances Mt Winter towards re-entry, with site inspections starting 18 Oct covering access, civil works, EIS and seismic layout.
CLC/Traditional Owners discussions are progressing, with final authorisation meeting planned for mid-November.
RNS: irtools.co.uk/75/story/1f3e2…
#GEX Civil engineering works completed, including 20-inch conductor pipe, water well, airstrip & access roads
With temporary weather-related access restrictions in place, Hussar remains priority as discussions continue with Ensign to mobilise Rig
RNS: irtools.co.uk/75/story/51630…
#GEX View from @VOXmarkets
"With the programme fully funded by Harlequin Energy, the additional data could help sharpen drill targeting and provide useful information for future field development if Hussar proves commercially successful."
voxmarkets.com/articles/geor…
#GEX Site works advance at Hussar Prospect 🇦🇺
The Turkey’s Nest water storage pond and sump have been lined, while drilling and camp pads have been graded, rolled and compacted.
The water well is also complete, delivering 250,000–350,000 litres/day.
📸 Latest from site
#GEX is advancing Hussar with a c.350km seismic programme, fully funded by Harlequin Energy.
🔹Targeting interpreted Direct #Helium & #Hydrogen Indicators
🔹Designed to better define salt seal & subsalt targets
🔹Fieldwork expected to take 30 days
RNS: irtools.co.uk/75/story/46d77…
#GEX Hussar is drill-ready
🔹All pre-drill site & road works completed
🔹20” conductor pipe drilled and cemented
🔹Water well tested at 260,000 litres/day
Rig mobilisation delayed by record rainfall and road closures. Revised spud date to follow.
RNS: irtools.co.uk/75/story/492e1…
#GEX 📸 20-inch conductor is run into the 26-inch open hole.
This is the first well infrastructure going into the ground ahead of Ensign 970 mobilisation, with the cellar, water supply and drill pad works advancing on site.
Moving from groundworks into well construction.
#GEX View from @VOXmarkets
"With the water supply, pads, airstrip and conductor now in place, attention is increasingly shifting towards getting the rig on site and testing what is a potentially very large #Helium, #Hydrogen and gas target."
voxmarkets.com/articles/geor…
#GEX Major civil engineering milestones completed at Hussar ahead of Ensign 970 mobilisation.
20” conductor pipe set, water well completed with consistent flow, pads compacted and airstrip extended to 1,400m.
RNS: irtools.co.uk/75/story/1e9a5…
#GEX 📸View of the Hussar well-site buildout
The water well is complete, delivering 250,000–350,000 litres/day for rig supply, while grading, pad works, Turkey’s Nest and sump preparation advance on site.
Next: setting the 20-inch conductor pipe before Ensign 970 arrives.
#GEX Water well completed at Hussar EP513, delivering 250,000–350,000 litres/day.
Next: 20-inch conductor pipe, ahead of Ensign 970 mobilisation.
September 2026 spud remains on target as site preparations continue.
RNS: irtools.co.uk/75/story/6edc6…
#GEX 📸 Aerial view from Hussar as the drill site takes shape
Heavy equipment on site, with pad preparation, water-well support and groundworks advancing ahead of the Ensign 970 rig coming to site.
#GEX Turkey’s Nest completed at Hussar EP513. A raised water storage pond lined & ready to supply drilling fluid for the Ensign Rig 970.
Each milestone brings September 2026 spud closer. 300 km² of mapped closure. One of the largest untested subsalt helium, hydrogen & gas prospects onshore Australia.
