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Georgina Energy Advances Drilling Approval Efforts at Hussar Site

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Georgina Energy Advances Drilling Approval Efforts at Hussar Site

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The latest announcement is out from Mining, Minerals & Metals plc ( (GB:GEX) ).

Georgina Energy plc announced the successful arrival of its team at the EP513 Hussar site to conduct updated Environmental Impact Survey (EIS2) and Heritage Reports, crucial for securing drilling approval. This development follows weather-related delays and involves collaboration with engineering and cultural specialists. The surveys are part of the company’s strategy to expand development opportunities at Hussar, with submissions expected by May 2025. The initiative underscores Georgina’s commitment to enhancing its operational capabilities and strengthening its position in the energy sector.

More about Mining, Minerals & Metals plc

Georgina Energy plc is a helium, hydrogen, and natural resources development company based in Australia. It aims to become a leading player in the global energy market, focusing on helium and hydrogen production. The company holds significant interests in the Officer Basin in Western Australia and the Amadeus Basin in the Northern Territory through its subsidiary, Westmarket O&G.

YTD Price Performance: -15.62%

Average Trading Volume: 1,567,959

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £5.95M

Learn more about GEX stock on TipRanks’ Stock Analysis page.

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