12^th March 2026

THIS ANNOUNCEMENT RELATES TO THE DISCLOSURE OF INFORMATION THAT QUALIFIED OR MAY HAVE QUALIFIED AS INSIDE INFORMATION WITHIN THE MEANING OF (A) ARTICLE 7(1) OF UK MAR IN SO FAR AS IT RELATES TO ORDINARY SHARES ISSUED BY GEORGINA ENERGY PLC

Georgina Energy plc

("Georgina", "Georgina Energy" or the "Company")

Hussar EP513 Drill Contract Update

Georgina Energy Plc, GEX.L provides the following update following meetings with Ensign Energy concerning the supply of its Ensign 970 drilling rig for the Hussar prospect re-entry well in EP513.

Highlights:

Ensign has until 18^th March to respond to the standard contract provided by Aztech/Westmarket Oil & Gas Pty Ltd, while Georgina has other rigs to consider prior to the execution of the contract.

The Company continues its planning for the water well drilling rig access and a further  reconnaissance trip with the proposed contractors for repairs to the access roads and airstrip, which is required to enable rapid mobilisation of the drilling rig and support service companies to site. 

The Company's technical consultant, Aztech Well Construction, continues to issue additional RFQs in support of the planned drilling program including for the casing, wellhead, and service company support for electric logging, casing running and cementing, drilling fluid engineering, wellsite geology, mudlogging and gas sampling/laboratory analysis services.

Following the execution of an Off-take Framework Agreement with Harlequin Energy, the Company is working closely with Harlequin and its partners who will provide funding for the drilling of the Hussar well and field development. The Company remains on target for civil engineering access and site works anticipated to commence in Q2, 2026.

Rig Specifications:

The rig specification is an Automated Drilling Rig ("ADR")-1500 model with a hook load (capacity to lift drill string, tools etc.) of 750,000 lbs. 

"The Company continues to undertake the necessary preparatory planning and civil engineering works required to enable the drill testing of this exciting prospect in Q3, 2026, as guided. With 300 km² of area closure, the Hussar prospect is one of the largest subsalt Helium, Hydrogen and Hydrocarbons prospects in onshore Australia."

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Enquiries

Georgina Energy

Tavira Financial Ltd - Financial Adviser and Joint Broker

Financial PR via georginaenergy@apcoworldwide.com

Notes to Editors

Georgina Energy aims to become a leading player in the global energy market and is focused on establishing itself among the top producers of Helium and Hydrogen worldwide. With a strategic approach and leveraging the experienced management team's expertise, Georgina Energy aims to capitalize on opportunities in these critical energy sectors.

Georgina Energy has two principal onshore interests held through its wholly owned Australian subsidiary, Westmarket O&G.  The first, the Hussar Prospect is located in the Officer Basin in Western Australia and Westmarket O&G holds a 100% working interest in the exploration permit.  The second, the EPA155 Mt Winter Prospect, is located in the Amadeus Basin in the Northern Territory, subject to completion of the Sale Agreement Georgina Energy will hold a 100% working interest. Additional subsalt prospect re-entry opportunities (Mt Kitty and Dukas prospects)  into known Helium, Hydrogen and Hydrocarbon reservoirs in the Amadeus Basin in the Northern Territory with drilled  occurrences of high concentrations of these gases (up to 9.5%, 11% and 40% respectively) are expected to be acquired via imminent settlement of a Sale and Purchase Agreement with the current owners, ASX listed Central Petroleum Limited.

In line with market demand trends, Georgina Energy is well-positioned to capitalize on the growing gap between supply and demand for hydrogen and helium with the resource potential of EPA155 Mt Winter, EP513 Hussar and the Mt Kitty and Dukas projects for their potential accumulations.

For more information visit https://www.georginaenergy.com