Galilee Energy Ltd
Galilee Energy Limited is an integrated and diversified sustainable energy company and a key supplier of natural gas to the east coast market of Australia.
The business
Galilee Energy Limited is an integrated and diversified sustainable energy company and a key supplier of natural gas to the east coast market of Australia. The principal activity of the Company is oil and gas exploration and production. It has tenement interests and exploration and evaluation activities in Australia, the United States and Chile. The Company holds interests in a diversified exploration portfolio with coal seam gas and conventional oil and gas assets in three of Australia’s east coast basins. Its projects include Glenaras Gas Project, Kumbarilla Project, and Springsure Gas Project Denison. The Glenaras Gas Project is located in the western central Galilee Basin. The Galilee Basin is a sedimentary basin covering approximately 247,000 square kilometers (sq.km). The Kumbarilla Gas Project in ATP 2043 is located in southern Queensland. The Springsure Gas Project, which is located at ATP 2050 in central Queensland.
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Latest news
Galilee Energy Readies Zydeco-1 Gas-Condensate Well for First-Week July Spud
Galilee Energy readies Zydeco-1 spud in Louisiana for early July; RFC 103 on-site as pre-spud finishes. Potential 13.7bcf gas and 610k bbl condensate target.
Galilee Energy Adds to Leaseholding at Zydeco Gas Project in Louisiana
Galilee Energy (ASX: GLL) has secured additional lease agreements associated with the Zydeco project on the US Gulf Coast, expanding the gas and condensate field to now cover a leased area of more than 325 acres.
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 […]
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