Galilee Energy Secures rig for Glenaras gas drilling program
- Galilee Energy (GLL) secures a rig for the upcoming drilling program at the Glenaras multi-well pilot in Queensland
- Following a successful $11.8 million capital raising, the company has now signed a drilling contract with Silver City for Rig 23
- All landowner and environmental approvals have been received for the new well locations and civil construction works are progressing with lease pads now under construction
- Drilling at the site is expected to commence in mid-April for five new vertical production wells
- On the market, Galilee was down 6.45 per cent and trading at 29 cents
