Helium drilling set to start after WA taxpayers shielded from cleanup costs
UK-listed Georgina Energy plans to drill in the remote Little Great Sandy Desert in search of helium, hydrogen and natural gas.
Equus Energy floated on the ASX in December 2025. Before that, it was called Western Gas: a small company that bought the Equus gas fields in the Carnarvon Basin from US company Hess in 2017 to develop an LNG project.
Western Gas is looking east, at petrochemicals, at WA buyers and the North West Shelf LNG plant to find a market for its Equus gas.
If Western Gas' Equus LNG project does not take off in these tough times neither the small company nor regulator NOPTA have an answer to how making safe the wells is paid for.
Western Gas believes it will have the Equus gas field producing by 2023 — something oil major Hess failed to achieve despite spending $1.5 billion.
Every story straight to your inbox and the occasional round up of info and comment.