Galilee Energy Completes Drilling of 5th Well in the Program

Source: www.gulfoilandgas.com 6/20/2022, Location: Not categorized

HIGHLIGHTS
• Drilling of 5th well in programme complete
• Glenaras 26 encountered 28 metres of gassy coals
• Glenaras 29, the 6 th well in the programme, spudded and is drilling ahead at 850 metres, to TD of 1,050 metres
• Rapid progress made on all site works Drilling of sixth well underway

Galilee Energy Ltd is pleased to provide the following drilling update and to announce that Silver City Rig 23 has completed the fifth well of this year's current drilling programme at the multi-well pilot ("Pilot"). Glenaras 26 was the 5th well of the 2022 programme, dug to a total depth of 1,039 metres and intersecting all Betts Creek Beds coal seams as predicted. With outstanding gas showing, a total of 28 metres of net coal has been proven. The rig has already moved to Glenaras 29, the 2022 program's final well.

Glenaras 29 spudded on Friday, 17th June and is currently drilling ahead at 850 metres to TD of 1,050 metres. This well is in the centre of the existing lateral wells and will be a key well for the Pilot as it will be in an area of maximum pressure depletion.

Surface Facilities
The power station upgrade has been completed and pre-commissioned. The stringing and welding of the gathering and associated tie-in points is nearing completion. Trenching and laying of all gathering pipeline is now underway with skids mobilized to wellsite. All surface facility works scheduled will be completed within July.

This announcement was released with the authority of the Board.


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