Galilee Energy Ltd
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 […]
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 […]