Galilee Energy has shut down a number of wells at the Glenaras Gas Pilot, in order to achieve a more precise calibration of its reservoir modelling.
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Galilee Energy welcomes QLD planning and development
Galilee Energy has welcomed the Central West Queensland Remote Area Planning and Development (RAPAD) and VisIR partnership to develop the proposed 930km electricity transmission line from Hughenden to Biloela in Queensland (QLD).
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Galilee Energy welcomes focus on QLD
Galilee Energy has welcomed actions from the Queensland (QLD) and federal governments to focus on gas supply in the Galilee Basin in central west QLD.
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Strong cash balance for Galilee Energy
Following the company’s strong performance across the latest quarter, Galilee Energy has recorded a cash balance of $8.6 million with no debt.
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Galilee Energy secures $4.95m for Glenaras
Galilee Energy has secured funding through the Australian Taxation Office’s (ATO) Research and Development (R&D) tax incentive.
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Galilee and Essar ink Glenaras deal
Galilee Energy has announced the execution of a non-binding memorandum of understanding (MoU) with Essar Exploration and Production to work towards potential collaboration in Galilee’s Glenaras gas project.
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Galilee Energy to receive tax offset of $7.6 million to boost Glenaras
The Australian Taxation Office has approved Galilee Energy’s research and development (R&D) application, with it also receiving a tax offset of $7.6 million for the 2021/2022 financial year.
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Galilee Energy commences Glenaras remedial operations program
Following the success of an identical remedial operation at Glenaras 26, which isolated water contributions from the Aramac sands, Galilee Energy pursued the program at Glenaras 27 and Glenaras 28.
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Glenaras drilling re-commences
Galilee Energy has confirmed that the Silver City Rig 23 has commenced drilling the second of five wells at Glenaras, located in central Queensland.
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Galilee installs new well pumps
Galilee Energy has successfully installed appropriately sized new pumps for multiple wells at the operated Glenaras multi-well pilot programme (Pilot) in the Galilee Basin.
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