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Galilee Energy Raises A$3.5 Million for Zydeco-1 Sidetrack and US Growth
1:49pm on Friday 14th of August, 2026 AEST
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Energy
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Galilee Energy Raises A$3.5 Million for Zydeco-1 Sidetrack and US Growth
1:49pm on Friday 14th of August, 2026 AEST
Key Points
A$3.5 million placement to fund Zydeco-1 sidetrack drilling
Targets include primary Tweedel objective plus Homeseeker B and Stafford
Directors participating subject to shareholder approval
Proposed Glenaras sale frees capital and management focus
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Galilee Energy (ASX:GLL)
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