GALILEE ENERGY ORD
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 […]