ASX/MEDIA ANNOUNCEMENT 22 April 2014 Galilee Energy: investor presentation Galilee Energy Limited (ASX: GLL) (Galilee or the Company) announces today that the Managing Director and Executive Director commenced a series of investor…
22-23 April 2014 Peter Lansom - Managing Director Paul Bilston - Executive Director
Company overview Strong Balance Sheet. Board and Management strongly aligned to shareholder interests having made a significant investment in Galilee shares. Market overview 15 April 2014 Substantial Shareholders * ASX code GLL Name…
Company overview Share Price Performance (last 12 months) Galilees new board and management 0.17 1.8 is focused on building and expanding 0.16 1.6 its asset mix to create a mid-tier 0.15 1.4 Volume (m) 0.14 1.2 exploration…
Experienced oil and gas team Board and Management Dr. David King Peter Lansom Ray Shorrocks Paul Bilston Non- Executive Chairman Managing Director Non- Executive Director Executive Director PhD, MSc, B.E. Petroleum (Hons) B.E. (Mech),…
Corporate direction Galilee has a clear plan to grow shareholder value and the capacity to execute Maximise the value of the current assets demonstrate commercial gas flow and book reserves Three Develop a sustainable…
Current assets ATP529P Tenement ATP 529P Operator AGL Energy Limited (AGK) Ownership GLL 50% : AGL 50% Townsville Area 3,953 km2 Galilee Basin Coal Mount Isa ATP 529P Mining region Status Appraisal Cannington massive demand…
Current assets ATP529P Prospectivity Moving to commercialisation Coal Seam Gas: Galilee A significant gas flow would lead to a re-rating of the Basin sub-bituminous to Basins potential. bituminous Late Permian A commercial rate…
Glenaras Pilot completion design Current Planned Proposing a completion of the coal only Existing pilots utilised multi-stage fracture stimulations Simple design and significant reduction in cost Considered necessary for productivity…
Building a production base and free cashflow We are building a production base by identifying projects with a preference for: Materiality for the company In or near-term production Liquids or liquids rich gas Deliver sustainable…
Expanding our exploration portfolio Building a quality exploration portfolio has the Add a photo or two potential to deliver significant value for shareholders but will take time. Quality deals are worth the wait. Strategy:…
Conclusion Currently, Galilee (GLL) has 26.0m* of cash at hand and no debt in an exciting Strong environment for asset acquisitions and M&A. Balance sheet GLL plans to deliver value and upside with its robust balance sheet and…
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