Articles On Galilee Energy (ASX:GLL)

Galilee Energy is busy opening doors to the potential commercialisation of one of the largest uncontracted gas resource positions on Australia’s east coast. Galilee Energy (ASX:GLL) has negotiated a non-binding memorandum of understanding (...

The ASX will open marginally lower on Monday Wall Street dipped again on Friday ahead of the FOMC meeting this week Indian billionaire Adani becomes second richest man Local shares are set to open modestly lower on Monday. At 8am AEST, th...

The ASX200 is up 0.54% despite weak economic data out of China Eight out of 11 sectors were higher, with materials leading the charge CBA reports consumer confidence is at its highest in 16 months Weak Chinese economic data yesterday drov...

Conico and its partner Greenstone Resources have mobilised a drill rig in a bid to follow up one of the most exciting discoveries on the ASX this year, down the road from a major palladium find by one of Australia’s most famous mining ident...

It was hard to miss  Monday’s stunner of an IPO by Top End Energy (ASX:TEE), after the Northern-focussed gassy’s landed on the ASX at 40 cents, double its initial public offering of 20 cents. A 100% premium to the issue price. And with a ne...

ASX Emerging Companies (XEC) index has closed 1.5% on Tuesday Index now over 10% the better since February 22 Tuesday winners: ResApp (ASX:RAP), RiversGold (ASX:RGL)    The ASX Emerging Companies (XEC) index is 1.5% higher in late trade....

The Russia-Ukraine conflict pushed oil prices beyond the US$100/b mark this month, and while they’ve settled somewhat, prices could be set to skyrocket. Added to this, OPEC is sticking to its guns with the consortium ignoring calls to ramp...

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 R...

Galilee Energy (GLL) enters a trading halt as it plans for an upcoming capital raise So far, it is not known how much the company is aiming to raise or where the funds will be spent The halt means Galilee shares will be paused until Frida...

The ASX Emerging Companies Index (XEC) has recovered strongly on Wednesday, gaining 2.75%. The ASX200 also closed higher, gaining around 45 points or 0.6%. The market found its feet in afternoon trade, tech stocks leading the way. Look. Rat...

ASX-listed Galilee Energy was seeking $10 million to spend on its Glenara project, which it reckons has enough gas to meet a quarter of eastern Australia’s domestic needs for over 30 years.

Pure Hydrogen’s focus on hydrogen and its belief that fuel cell powered vehicles are a better option than battery electric vehicles for heavy, long-range vehicles is a recipe for growth. While the company retains three gas assets that it in...

It looks like them energy names are on the rise Wednesday, largely punching above a local market weighed down by weak US leads and possibly boredom. But don’t thank our collective refusal to acknowledge a warming planet. In this case oil pr...

The hot debut of Evolution Energy Minerals (ASX:EV1) was not enough to save the ASX resources sector from falling today. The ASX 200 finished 0.67% down at 7,420 points. All sectors were down except tech, which gained 0.18%. In contrast, mo...

Renergen’s (RLT) Non-Executive Chairman has announced his intention to step down from the board after seven years in the role Brett Kimber’s resignation will be effective from 30 November 2021, at which time existing Non-Executive Director...

The 2021 financial year was one of contrasts for the oil and gas industry with low crude prices making life challenging for many ASX companies earlier in the year before a strong recovery improved conditions. Oil prices traded below the US$...

Closing Bell is Stockhead’s daily recap of the ASX’s biggest winners and losers. Data is taken at the market close – at 4.10pm AEDT. Stocks highlighted in yellow rose (or fell) after making announcements during intraday trade. WINNERS Scrol...

Each week, Stockhead recaps ASX stocks that are “running hot” as deduced by the Relative Strength Index (RSI). The RSI is a technical gauge which measures how trading momentum is affecting the price action. A reading of 70 is seen as the le...

ASX gas stocks Red Sky Energy (ASX:ROG), Talon Petroleum (ASX:TPD) and State Gas (ASX:GAS) were among a horde of gas stocks releasing updates this morning – and none got the enthusiasm that greeted their peers earlier in the year. The oil a...

Uranium optimism is growing with governments around the world including nuclear energy in their plans to slash carbon emissions and the US saying outright that achieving its climate goals would not be possible without nuclear plants. Nuclea...

Crude oil prices have strengthened this week with the benchmark Brent oil now tracking above US$70 per barrel after OPEC and its associates expressed optimism about demand for the fossil fuel. Commonwealth Bank quoted Saudi Arabia energy mi...

The Galilee Energy Ltd. (ASX: GLL) share price is rising today after the company reported its Glenaras Gas Pilot Operations Update. Galilee shares are trading close to 5% higher at 85 cents per share, up 124% this past year. Galilee is a B...

There were a handful of gas stocks with news this morning and the standout was biogas play Delorean (ASX:DEL). Many oil and gas stocks have gained this year, many off the back of little to no news albeit with oil prices rising from the lows...

Energy is an essential piece of modern life and while energy demand fell in 2020 due to the impact of the COVID-19 pandemic, emerging markets and developing economies are expected to drive a 4.6 per cent increase in demand. In its Global En...

Galilee Energy Ltd. (ASX: GLL) shares are edging lower in late morning trade. At the time of writing, the Galilee Energy share price is trading 0.6% lower at 74 cents. Below we take a look at the ASX energy share’s latest operations update...

Power Up is Stockhead’s fortnightly look at all the news and moves driving ASX energy stocks. After a brief foray above the $US65 ($85.60) a barrel mark in March, oil prices have slid back down to hover around the $US60 a barrel level thank...

Summary ASX is mixed as the trading session comes to an end. Earnings report flooded investors again with dividends and profits.  Gold spot prices are tracking lower today, but oil prices remain strong. Besides, iron ore, copper, and c...

Galilee Energy’s (ASX:GLL) goal of becoming a significant supplier of gas into Australia’s gas-hungry east coast market may have taken ... Read More The post Galilee gas flows are a sign of more to come at Glenaras appeared first on Stockhe...

The Galilee Energy Ltd (ASX: GLL) share price has been a very strong performer on Thursday. At one stage the coal seam gas exploration and production company’s shares were up as much as 50% to a record high of 92 cents. The Galilee Energy...

Brisbane-based oil and gas explorer Galilee Energy is on the hunt for a cash injection to fund exploration activities at two of its gas projects. 

Special Report: In early August, renowned company maker Ray Shorrocks joined the board of Alicanto Minerals (ASX:AQI). People are already calling this copper-gold explorer ‘Auteco Mark 2’ or ‘Bellevue Mark 3’.  In 2016, tiny explorer Bellev...

–The below is a company sponsored announcement– Elixir Energy ((EXR)) has reported its final gas content figures from its Nomgon-1 well at its seven million acres (30,000km2) coalbed methane (CBM) production sharing contract (PSC) in Mong...

On Stockhead today, the silica sand demand storm is coming and Australia is preparing to face it head on, the highest leverage play in Australia’s hottest mining district and nickel in batteries to take ‘significant’ market share from 2023....

A quick wrap of the key winners and losers on Wednesday, June 17. Data is taken after the market closes at 4pm EST. Stocks highlighted in yellow made market-moving announcements during the day. Today on the ASX there were 764 winners, 500 l...

A multi-lateral pilot program at the Glenaras gas project in Queensland’s onshore Galilee Basin has provided Galilee Energy (ASX: GLL) with positive information on the reservoir characteristics and vertical connectivity of the coal-bearing...

Stockhead’s Top 10 at 10 highlights the best (and worst) performing ASX small caps in morning trade. It’s a short, sharp update to help frame the trading day by showing the biggest movers in percentage terms. The market opens at 10am (easte...

Stockhead’s Top 10 at 10 highlights the best (and worst) performing ASX small caps in morning trade. It’s a short, sharp update to help frame the trading day by showing the biggest movers in percentage terms. The market opens at 10am (easte...

The world’s largest oil producers have met over the weekend and – to the surprise of some observers – agreed to a 9.7-million-barrel-per-day production cut in a bid to address the supply glut and pull prices out of the gutter. This represen...

A glance through the latest expert views and predictions about commodities. Iron ore; manganese; and oil & gas. -Considerable downside likely for commodity price assumptions-Significant upside for iron ore prices likely from 2021-No sho...

While the broader liquefied natural gas (LNG) market has been impacted by the impact of COVID-19 – as the coronavirus is now named by the World Health Organisation – Australian LNG cargoes have remained largely unaffected. The outbreak has...

The hunt for short and medium term revenue and growth has led Leigh Creek Energy (ASX:LCK) to farm into two permits in the Cooper and Eromanga Basins in Queensland. It is earning a 20 per cent interest in ATP 2023 and ATP 2024, covering 434...

The best performer on the All Ordinaries index on Friday has been the Experience Co Ltd (ASX: EXP) share price. The adventure tourism company’s shares were up as much as 13.5% to 25 cents at one stage. They have since pulled back a touch,...

It’s definitely a good sign when a big name investor gets behind a company and this week Stephen Copulos has decided to drop some cash on gold miner Middle Island Resources (ASX:MDI). Copulos is best known for his holdings in Myer (ASX:MYR)...

Oil and gas exploration and development company, Elixir Energy Limited (ASX: EXR) is rapidly progressing to achieve its corporate vision — “to find large gas reserves on the Chinese border”. The company’s 2019 exploration program is current...

08 Nov 2019 - Galilee Energy (ASX:GLL) is pleased to provide an update on production operations at its 100 per cent owned and operated Glenaras multi-lateral pilot programme locate…

Recently, analysts from global capital group Canaccord Genuity released their quarterly Australian Focus List. The focus list is comprised of 9 stocks from a diverse range of sectors that analysts believe offer solid growth prospects.  Her...

This is where the Brisbane Top Companies list really starts to get interesting. The space between 31 and 40 includes five new entrants including founder-led telecommunications and IT solutions company Over the Wire, workforce management g...

Mongolian focused gas explorer, Elixir Energy Limited (ASX:EXR), this morning provided an update on current field operations in its 100% owned Nomgon IX coal bed methane (CBM) production sharing contract (PSC) in the south of Mongolia proxi...

There’s no doubt that the small end of the oil and gas sector is heating up, having already delivered shareholders some major recent gains. In London, Mongolian-focused oil and gas exploration company Petro Matad (AIM:MATD), has been one of...

Every industry or sector has its key role in developing an economy. In Australia, the energy sector is a major contributor towards its economic development in terms of employment, export earnings and GDP. The country has abundant and divers...