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OFFTAKE MOU EXTENSION EXECUTED
Georgina Energy Plc has executed a 24-month extension to its offtake Memorandum of Understanding with Halo Capital Investments Ltd, now valid until August 28, 2028, to encompass all of Georgina's projects, including the recently announced Central Petroleum acquisitions, subject to transaction completion. This agreement grants Halo a non-exclusive option for 100% of helium, hydrogen, and natural gas output, with Halo responsible for processing, storage, transportation, and export, minimizing Georgina's capital infrastructure exposure. The extension also allows for potential prepayment and acceleration financing, while Georgina's sunk costs recovery is subject to party agreement. Disclaimer*
About this update from Georgina Energy Plc
[{"type":"text","content":"\n\n \n19th December 2025\n \nTHIS 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\n \nGeorgina Energy plc\n(\"Georgina\", \"Georgina Energy\" or the \"Company\")\n \nOFFTAKE MOU EXTENSION EXECUTED\n \nGeorgina Energy Plc, GEX.L, a helium, hydrogen and natural resources development company in Australia, wishes to advise it has today executed an extension for the offtake MOU with Halo Capital Investments Ltd (\"Halo\" or the \"Off-taker\") in order to consider all of Georgina's projects.\n \nThe MOU agreement, executed on 28th August 2025, will be extended for a period of 24 months to 28th August 2028, in order to incorporate the recently announced Central Petroleum (\"CTP\") acquisitions, subject to the completion of the proposed transaction. Halo is backed by established capital from family office and fund investors supporting companies in highly regulated energy markets.\n \nOFFTAKE MOU: The agreement grants Halo the non-exclusive option to 100% of helium, hydrogen and natural gas output from Georgina's current and any future projects.\n \nThe agreement will provide Westmarket Oil & Gas with the option to sell the gas at the well head in its raw state via Offtake funding. This is subject to a formal contract on commercial terms which will minimise the Company's exposure to expensive capital infrastructure. The extension of the MOU does not affect the ongoing funding discussions regarding Hussar and Mt Winter, which remain priorities.\n \nKey highlights:\n \n· The Off-taker will be responsible for the processing facilities, including separation units for helium/ hydrogen and cryogenic systems purification at its sole cost.\n· Georgina's sunk costs will be recovered subject to an agreement between the parties.\n· Prepayment financing and optional funding to accelerate development will be available, subject to agreed terms.\n· Storage, transportation, exportation and trucking helium to Darwin, and ammonia conversion to hydrogen, will be the Off-taker's sole responsibility.\n \nWestmarket Oil & ...