Georgina Energy secures offtake proposal, confirms helium-3 reserves in Amadeus Basin, targeting direct gas production amid rising global demand.
Georgina Energy, an Australia-based exploration and energy company, has announced significant progress in its resource development strategy after receiving a formal offtake proposal and confirming the strong presence of helium-3 in its assets located in the Amadeus Basin, Northern Territory. This development underscores the region’s growing importance as a potential global supplier of critical gases that are increasingly in demand across high-technology industries.
The proposed offtake agreement would see the company supply helium, hydrogen, and natural gas, the latter marketed in liquefied natural gas (LNG) form. Under the arrangement, Georgina Energy’s subsidiary, Westmarket Oil & Gas, would sell raw gas directly at the wellhead. The purchasing entity, whose identity has not been disclosed, would take on the responsibility of establishing and financing the necessary downstream facilities. These facilities would include separation units, pressure swing adsorption (PSA) systems designed to separate helium and hydrogen, and advanced cryogenic equipment for gas purification. By transferring this capital burden to the offtaker, Georgina Energy positions itself to secure revenue without having to commit heavy upfront investment in infrastructure.
The company, which is publicly listed on the London Stock Exchange, highlighted that drilling and analysis in the Amadeus Basin have revealed “exceptionally high grades” of helium, in some cases reaching concentrations of up to 9% in subsalt zones. This is considered a very strong indicator of commercial viability. The presence of helium-3, a rare and high-value isotope, further elevates the significance of these findings.
Unlike helium-4, which is already widely used in applications such as cryogenics and scientific research, helium-3 has extraordinary value because of its scarcity and its role in specialized applications. According to industry data cited from Gold Hydrogen, helium-3 pricing in 2024 reached levels of more than $70 million per million cubic feet (mcf). This represents a staggering valuation, approximately 140,000 times higher than the price commanded by helium-4, underlining its status as one of the most valuable gases globally.
Helium-3’s importance has also been underscored at recent industry forums. The gas was one of the headline topics at gasworld’s European Specialty Gas Summit 2025, where industry experts including helium supply specialist Richard Brook spoke on its role in future energy and technology markets.
Currently, most helium is extracted as a byproduct during LNG production. However, new projects—such as Georgina Energy’s development in the Amadeus Basin—are attempting to shift that model by targeting the direct production of helium and hydrogen. This strategy aligns with growing global demand in high-tech sectors, particularly in healthcare for MRI machines, and in electronics where helium is essential for semiconductor manufacturing. With offtake interest secured and confirmed helium-3 resources, Georgina Energy is positioning itself as a key emerging player in this evolving and high-value market.
