GLL
Director Trades
| Date | Director | Value |
|---|---|---|
| R. Shorrocks | $14,254 | |
| R. Shorrocks | $256 |
Company News
Galilee Energy engages Novus Energy Trading to help advance complex Glenaras gas project
Galilee Energy (ASX: GLL) has engaged private oil and gas firm Novus Energy Trading to help explore solutions for complex reservoir challenges at its Glenaras gas project in Queensland’s Galilee Basin. Galilee expects the technology licence agreement between the two companies will help identify the best path to commercialising its assets by applying the latest […]
Vintage Energy and Galilee Energy call off proposed oil and gas merger
Vintage Energy (ASX: VEN) and Galilee Energy (ASX: GLL) have mutually agreed to terminate the scheme implementation deed (SID) that would have led to the merger of two significant Australian onshore gas developers. Announced to the market in October, the SID would have seen Vintage’s Cooper Basin gas fields in South Australia and Queensland aligned […]
Weekly wrap: RBA was right on rates and it cost us a record
There will be no letup in the political attacks against it but the share market has finally conceded that the Reserve Bank was absolutely right not to cut interest rates this year. With Australian employment growth now hitting a 16-month high and workforce participation at a record, with inflation still sticky, the Reserve Bank’s caution […]
Vintage Energy advances merger plans with Galilee Energy as Odin-2 gas well goes online
Junior Australian gas companies Vintage Energy (ASX: VEN) and Galilee Energy (ASX: GLL) have moved to the next stage of their proposed merger. Cooper Basin conventional gas developer Vintage and Queensland coal seam gas specialist Galilee Energy have entered into a Scheme of Implementation deed aimed at bringing their significant assets under one roof, upon […]
Vintage Energy to acquire Galilee Energy in strategic merger for east coast gas expansion
Conventional gas developer Vintage Energy (ASX: VEN) has moved to take over Queensland coal seam gas specialist Galilee Energy (ASX: GLL). The two companies have entered into a binding heads of agreement (HoA) under which Vintage will acquire all of the fully paid ordinary shares in Galilee by way of a scheme of arrangement. The […]
Pilot program at Glenaras gas project gives Galilee Energy insight into Betts Creek coal sequence
A multi-lateral pilot program at the Glenaras gas project in Queensland’s onshore Galilee Basin has provided Galilee Energy (ASX: GLL) with positive information on the reservoir characteristics and vertical connectivity of the coal-bearing Betts Creek sequence. Galilee previously announced that drilling of the Glenaras 17A monitoring well provided a significant breakthrough in understanding the production […]
First measured gas milestone for Galilee at Glenaras coal seam project
Galilee Energy (ASX: GLL) has reported first measured gas flow from two wells at a production pilot program for its flagship Glenaras coal seam gas project, in western Queensland’s Galilee basin. Metered gas rates of up to 20,000 standard cubic feet per day in aggregate have been recorded from the 10L and 12L wells during […]
Galilee Energy announces first gas from Glenaras coal seam gas pilot program
Galilee Energy (ASX: GLL) has announced the production of first gas from a pilot program at its Glenaras coal seam gas (CSG) project in Queensland’s Galilee Basin. The multi-lateral pilot program was brought online for continuous production in June. It involves the production testing of two lateral wells, Glenaras 10L and Glenaras 12L, plus a […]
Glenaras coal seam gas pilot program performs strongly for Galilee Energy
Gas developer Galilee Energy (ASX: GLL) has reported strong performance from a multi-lateral pilot program at its Glenaras coal seam gas (CSG) project in Queensland’s Galilee Basin. The pilot program, which involves the production testing of two lateral wells, Glenaras 10L and Glenaras 12L, plus a third monitoring well, Glenaras 11L, was brought on line […]
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