Mining, Minerals & Metals plc (GB:GEX) has released an update.
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Georgina Energy PLC has signed a Confidentiality Agreement with an established Australian Oil & Gas company to discuss the potential acquisition or farm-out of permits, which could significantly expand their growth opportunities beyond their existing well re-entry program. This strategic move aims to enhance the company’s position in the energy sector, focusing on helium and hydrogen production. The Agreement sets the stage for a 24-month period of evaluation and collaboration, following Georgina Energy’s development of Hussar and Mt Winter prospects.
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