GLL 0.00% 2.3¢ galilee energy limited

Ann: Galilee Energy Board Appointment, page-7

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    Hi Japes
    From what we know it seems clear the main priority (but nevertheless not necessarily the first) is to sell into the East Coast market targeting supply by 2022.
    https://jemena.com.au/about/newsroom/media-release/2017/jemena-fast-tracks-plans-to-connect-galilee-basin
    and Ray Horrocks (GLL Chairman) said today "supplier of gas to East Coast".
    http://galilee-energy.com.au/wp/wp-content/uploads/2019/09/6-September-Board-Appointment.pdf
    From previous announcements my take was hoping to obtain reserves certification by year end 2019.
    The Clark and Barcaldine options probably just an add-on at present but would be an attractive bonus to any predator interest in our company. GLL are targeting 500+pj and all of these options would depend on this number being greater or smaller.
    I can't remember where I read it but Jemena have been pulling out all the stops re pipeline and I also seem to recall it was anticipated GLL to supply East Coast before molecules along the NGP from NT.
 
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