Coal seam gas focused Galilee Energy (ASX: GLL) has reached an important milestone at the Galilee Gas Project joint venture with major player AGL Energy (ASX: AGK), with the projects maiden coal seam gas (CSG) resource estimation.
AGL Energy is the operator of the 50:50 joint venture located in central Queensland, with SRK Consulting producing a Contingent Resource estimation of 259 petajoules (PJ) of 2C and 1,090 PJ of 3C Resources (technically recoverable).