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Galilee Energy Sets July Spud for Zydeco-1, Launching Gulf Coast Production Drive

8:15am on Tuesday 16th of June, 2026 AEST Energy
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Galilee Energy Sets July Spud for Zydeco-1, Launching Gulf Coast Production Drive

8:15am on Tuesday 16th of June, 2026 AEST
Key Points
  • Zydeco-1 well spud scheduled for early July 2026
  • Low-cost US$4.8 million drilling with six-month production target
  • Net prospective resources up to 9.59 Bcf gas and 497 kbbl condensate
  • Experienced US advisory board appointed to guide Gulf Coast expansion
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