GLL – Galilee Energy Ltd

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Recommendation Rating

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1 = STRONG BUY | 2 = BUY | 3 = HOLD | 4 = UNDERPERFORM | 5 = SELL

Analysts’ Price Targets

Mean 0.41

Low: 0.41

High: 0.41

Total Analysts: 0

Company Profile

Galilee Energy Limited is an Australia-based energy company. The Company has a portfolio of assets focused onshore 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, United States and Chile. The Company’s flagship project is Glenaras Gas Project, which is located in the Galilee Basin near Longreach in Queensland. Its Glenaras Gas Project holds ATP 2019 permit, which covers an area of approximately 3,200 square kilometers (km2). Its Kumbarilla Project holds ATP 2043 permit, which is located within the Southern Downs region approximately two kilometers east of Tara and 70 kilometers west of Dalby, which covers approximately 384 km2 of tenure over the eastern flanks of the Surat and Bowen basins. Its Springsure Project holds ATP 2050 permit, which covers an area of approximately 1,425 km2 permit of Bowen Basin exploration area in the northern Denison Trough.

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