Galilee Energy Limited (Galilee) is an ASX-listed oil and gas exploration company headquartered in Brisbane, with coal seam gas reserves within Queensland. Stock code is GLL.
Galilee Energy’s wholly-owned exploration permits include their Glenaras Gas Project, strategically situated in the Galilee Basin of western Queensland. The Glenaras Gas Project in ATP 2019 (formerly ATP 529), is located in the western central Galilee Basin and is highly prospective for coal seam gas.
The Kumbarilla Gas Project, ATP 2043, is in the Taroom Trough and the overlying coal seam gas region of Surat Basin, southern Queensland.
The Springsure Gas Project, ATP 2050, spans a vast 1,425 square kilometers across the northern extension of the Denison Trough in central Queensland.
Galilee Energy in the news
Lock the Gate says Galilee Pipeline puts koalas, waterways at risk – Activist group Lock the Gate has launched a campaign against Galilee Energy’s Glenaras gas development in Queensland, as well as pipeliner Jemena for transporting the gas, saying locals are against the project over the risk it poses to wildlife and communities.
Australia’s pariah projects: the fossil fuel proposals threatening to bust our climate goals – Market Forces ranks Galilee Energy’s Glenaras Gas Project at Number 10 on their list of “pariah projects”, the biggest threats to our climate.
Galilee Energy share price
One year ago, Galilee Energy share price was 30 cents, today it is six cents – as of 19 October 2023. The share price had declined -76.92% since 1 January 2023.
Top 20 Shareholders of Galilee Energy
| Name | Shares | Capital |
|---|---|---|
| CARPE DIEM ASSET MANAGEMENT PTY LTD | 33,174,604 | 9.80% |
| CS FOURTH NOMINEES PTY LIMITED <HSBC CUST NOM AU LTD 11 A/C> | 31,108,374 | 9.19% |
| MORGAN STANLEY AUSTRALIA SECURITIES (NOMINEE) PTY LIMITED <NO 1 ACCOUNT> | 24,052,136 | 7.10% |
| ECARLATE PTY LTD | 19,259,738 | 5.69% |
| HSBC CUSTODY NOMINEES (AUSTRALIA) LIMITED | 12,230,250 | 3.61% |
| UBS NOMINEES PTY LTD | 8,070,135 | 2.38% |
| JBAM GLOBAL INCOME FUND | 6,120,000 | 1.81% |
| COPULOS SUPERANNUATION PTY LTD <COPULOS PROVIDENT FUND A/C> | 5,586,533 | 1.65% |
| HSBC CUSTODY NOMINEES (AUSTRALIA) LIMITED A/C 2 | 5,504,562 | 1.63% |
| CARPE DIEM ASSET MANAGEMENT PTY LTD <LOWE FAMILY A/C> | 5,083,622 | 1.50% |
| EYEON NO 2 PTY LTD | 4,725,809 | 1.40% |
| SPACETIME PTY LTD <COPULOS EXEC S/F NO.1 A/C> | 4,100,405 | 1.21% |
| TDF PROPERTIES PTY LTD <THE TDF PROPERTY A/C> | 3,935,250 | 1.16% |
| LEAVER FUNDS MANAGEMENT PTY LIMITED | 3,562,985 | 1.05% |
| COPULOS FOUNDATION PTY LTD <P & M COPULOS FOUNDATION A/C> | 3,465,750 | 1.02% |
| CARPE DIEM ASSET MANAGEMENT PTY LTD <LOWE FAMILY A/C> i | 3,315,229 | 0.98% |
| MACLANS SUPERANNUATION HOLDCO PTY LTD | 3,300,000 | 0.97% |
| NEWECONOMY COM AU NOMINEES PTY LIMITED <900 ACCOUNT> | 3,212,314 | 0.95% |
| CITICORP NOMINEES PTY LIMITED | 3,199,748 | 0.95% |
| BECAMAL PTY LTD | 3,000,000 | 0.89% |
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