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Georgina Energy on Track for Q3 Drilling of Hussar Gas Prospect in Australia

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Georgina Energy (GEX.L) said the water well contractor for its Hussar prospect EP513 in Australia is being mobilized to the site to prepare for the planned drilling program in the third quarter.

Following the drilling of up to two water bores in the subsalt helium, hydrogen, and hydrocarbons prospect, the contracted Ensign Rig 970 will be transported to the site to initiate drill testing in September, according to a Tuesday filing.

The helium and hydrogen exploration company's drilling program will run for 50 days from spud to completion.

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