Galilee Energy (ASX:GLL) install higher capacity pump

Company News

by Rachael Jones

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 located in the Galilee Basin.

The pump change out at the Glenaras 15L well is now complete, with a higher capacity pump successfully installed and commissioned.

The new, larger pump is back on full production with fluid levels being drawn down on Glenaras 15L, while each of the four other wells have continued to produce uninterrupted in line with expectations.

Shares in Galilee Energy (ASX:GLL) are trading 1.1 per cent lower at 92 cents.

Rachael Jones

Finance News Network
Rachael comes to FNN after working for Fairfax Media covering international breaking news, including the global economy and politics. She joined FNN in February 2018. She has reported on Australia’s finance news for various organisations since 2000 and has also interviewed a number of key business players, including Bill Gates. Rachael has also worked across a number of countries, including the UK and the US.