Galilee highlights Glenaras breakthrough in June quarterly

GALILEE Energy made major strides during the June quarter, gaining further understanding of the Betts Creek coal sequence at its Glenaras Gas Project in Queensland, while maintaining a strong balance sheet and cash position.

Galilee highlights Glenaras breakthrough in June quarterly Galilee highlights Glenaras breakthrough in June quarterly Galilee highlights Glenaras breakthrough in June quarterly Galilee highlights Glenaras breakthrough in June quarterly Galilee highlights Glenaras breakthrough in June quarterly

The ASX-listed onshore gas developer said it has A$22 million in the bank as of June 30, inclusive of the R&D tax offset claim  received on July 13, and no debt. 

The company spent $7.

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