Galilee completes 4th well at Queensland gas project
Sydney-listed Galilee Energy on June 9 announced that Silver City Rig 23 has completed the drilling of the fourth well of this year’s current programme at the Glenaras multi-well pilot in Queensland.
Glenaras 25 was the fourth well of the 2022 programme and the drilling rig is currently moving to Glenaras 26. Glenaras 25 was drilled to a total depth of 1,058 m with all Betts Creek Beds coal seams intersected as prognosed. A total of 28 m of net coal has been confirmed with "excellent" gas shows on penetration during drilling.
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“With four wells now drilled, the results are confirming the geological model as interpreted,” Galilee said. “The Betts Creek Beds coal seams are well developed, gas-bearing and laterally continuous across the pilot area.”
Galilee in February completed a share placement programme to raise approximately A$11.8mn ($8.5mn) to fund the five-well campaign. Its primary area of focus is Queensland where it is appraising its 100% owned Glenaras gas project in the Galilee basin and exploring in the Surat and Bowen basins.