Georgina Energy (GEX) Investor presentation summary

Project portfolio and resource potential

• Holds 3,951 km² across two major Australian projects: EP513 (Hussar) and EPA155 (Mt Winter), targeting helium, hydrogen, and natural gas.

• Hussar has net attributable 2U prospective resources of 155 BCFG helium, 173 BCFG hydrogen, and 1.73 TCFG natural gas, with a combined in-situ value of US $60.24 billion.

• Mt Winter offers 127 BCFG helium, 117 BCFG hydrogen, and 0.944 TCFG natural gas, with a combined in-situ value of over US $41.85 billion.

• Both sites benefit from proven gas flows, established infrastructure, and accessible markets.

• Permit approvals for drilling and re-entry are in progress, with resource upgrades and seismic studies completed.

Market opportunity and demand drivers

• Helium demand is rising due to semiconductor growth and space launch usage, with global supply shortages and prices exceeding $600/Mcf.

• Hydrogen is increasingly vital for decarbonization, with demand expected to triple by 2035 as it transitions from fossil-based to green production.

• Australia’s domestic gas market is under-supplied, and government incentives support new developments.

• NASA’s recent helium contract and the end of US government auctions highlight tightening supply.

Operations and commercialisation strategy

• Drilling approvals, seismic surveys, and well management plans are underway for both projects.

• Commercialisation involves separation and purification plants, with an offtake MOU for hydrogen and helium purification.

• Helium will be trucked to a Darwin refinery; hydrogen can be converted to ammonia for export.

• Stage one focuses on Hussar, with Mt Winter development pending permit grant.

• Offtake agreements and scoping studies confirm project viability and infrastructure cost mitigation.