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08 August 2026
| Name: | GALILEE ENERGY LIMITED (GLL) | ||||||||||||
| ISIN: | AU000000GLL4 | ||||||||||||
| Date of Listing: | 15 February 1996 | ||||||||||||
| Former Names: |
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Stock Exchange Status: (updated daily)
This entity is currently suspended from quotation on the Australian Securities Exchange and its securities cannot be traded on-market.Legal Status: (updated monthly)
ACN: 064 957 419ABN: 11 064 957 419
Registration Date: 27 June 1994
Capital Gains Tax (CGT) Status: (updated at least quarterly)
The securities in this entity may be suspended from quotation for reasons unrelated to its financial health or we have made the assessment that the securities still have value. If you are seeking to crystallise a capital loss on your securities, you should firstly consider whether your company is the subject of either a takeover or that you will be able to sell your securities on-market for value if the entity regains quotation. Entities in this category are reviewed monthly and it is possible that our assessment may change. If you are seeking to crystallise a capital loss on your securities, that process can be easily and quickly initiated at our online Worthless Shares facility here: https://www.delisted.com.au/sell-worthless-and-other-securities/.
Updates, corrections, disagreements please email to admin@delisted.com.au
Further information: deListed and InvestoGain are operated by Investogain Pty Limited which is licensed by ASIC as an Australian Financial Services Licensee (AFSL 334036). deListed acquires only securities that it deems to be of little or no value, in circumstances where the holder is unable to sell their securities on-market in the normal manner. This service has been provided online via the company’s website www.delisted.com.au since 2004.
Getting advice: Information provided in this section is of a general nature and applicable only to Australian tax residents who hold their investments on capital account (ie for long-term investment purposes). It has been prepared without taking into account your financial needs or tax situation. Before acting on the information, deListed suggests that you consider whether it is appropriate for your circumstances and recommends that you seek independent legal, financial, or taxation advice.
Disclaimer: The information provided above is to the best of our knowledge accurate as of today. But you should bear in mind that it is of a general nature and does not constitute financial or tax advice. Investogain Pty Limited accepts no liability for any loss arising from reliance on this information, including reliance on information that is no longer current.
| FROM | TO | |
| GALILEE ENERGY LIMITED | 04/06/2010 | |
| EASTERN CORPORATION LIMITED | 28/10/1999 | 04/06/2010 |
| EASTERN GOLD CORPORATION NL | 17/01/1997 | 28/10/1999 |
| EASTERN COPPER MINES NL | 17/01/1997 |
Computershare Brisbane
Level 1, 200 Mary Street Brisbane QLD 4000
Tel : +61 (0)3 9415 4000 or 1300 850 505 (within Australia)
Fax : +61 7 3229 9860
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The company requests an extension of the voluntary suspension of its securities as per Listing Rule 17.2. The suspension aims to finalize a material capital raise by pre-market on 10 August 2026. The Company seeks to maintain the suspension until trading resumes on that date or until an Announcement is made. Galilee is not aware of any reasons against granting the suspension. | 06/08/2026 |
The company requests an extension of its voluntary suspension from the Australian Securities Exchange. This extension is to facilitate the finalization of a significant capital raise, targeted for completion before the market opens on Thursday, 6 August 2026. The Company seeks to maintain the suspension until the market opens on that date or until a related announcement is made. Galilee confirms that it is unaware of any reasons against granting this suspension or any information needed to inform the market regarding it. | 05/08/2026 |
The company requests an extension of its voluntary suspension, initially granted on 29 July 2026, to continue assessing exploration activities and changes to the drilling program at the Zydeco Oil and Gas Project. Suspension sought until 5 August 2026 or announcement release. | 03/08/2026 |
Zydeco-1 now targets three formations: Homeseeker B, Stafford, and Upper/Lower Tweedel, confirming geological models. Drilling revealed high gas readings and hydrocarbon indications, with reduced uncertainty on Tweedel's depth. A sidetrack is planned for efficient evaluation. | 03/08/2026 |
The company has agreed to sell its Glenaras Gas Project subsidiary to Novus Energy for A$1.34 million cash-backed security deposits and potential A$500,000 upon meeting financing milestones, while retaining a 2% net royalty. This transaction alleviates capital demands, enabling Galilee to focus on U.S. Gulf Coast oil and gas opportunities after meeting customary conditions. | 03/08/2026 |
The company releases its Quarterly Activities and Cashflow Report for June 2026. | 31/07/2026 |
The company's securities are suspended under Listing Rule 17.2 at GLL's request, pending an announcement. The suspension lasts until GLL's requested period ends or the announcement is released, whichever comes first, unless ASX determines otherwise. | 29/07/2026 |
The suspension of trading in the securities of Galilee Energy Limited will be lifted immediately following the release by GLL of an announcement regarding a material capital raising and acquisition. | 02/12/2025 |
The company announces an option to acquire the Zydeco Gas Project in Louisiana, a low-risk field. Concurrently, it raised A$6.5 million from investors to accelerate development. The acquisition is expected to deliver significant shareholder value, supported by favorable government policies in Louisiana. Shareholder approval is pending. | 02/12/2025 |
The company's securities are suspended per Listing Rule 17.2 at GLL's request, pending an announcement, until a specified period or announcement release. | 28/11/2025 |
The deferred ordinary fully paid shares of Galilee Energy Limited (the "Company") will be suspended from official quotation immediately, following the announcement that Olympus Funds Management Pty Ltd will not proceed with its proportional off-market takeover bid. The Company's fully paid ordinary shares (ASX Code: GLL) are not affected by this suspension. Security Code: GLLE | 21/01/2014 |
the suspension of trading in the securities of Galilee Energy Limited (the "Company") will be lifted immediately, following receipt of an announcement providing details of an agreement entered into for the sale of its New Zealand coal assets held by its wholly owned subsidiary, Eastern Resources Group Limited | 15/11/2010 |
the securities of Galilee Energy Limited (the "Company") will be suspended from quotation immediately, at the request of the Company, pending an announcement by the Company regarding a potential significant transaction | 10/11/2010 |
name changed from Eastern Corporation Limited | 04/06/2010 |
The company requests an extension of the voluntary suspension of its securities as per Listing Rule 17.2. The suspension aims to finalize a material capital raise by pre-market on 10 August 2026. The Company seeks to maintain the suspension until trading resumes on that date or until an Announcement is made. Galilee is not aware of any reasons against granting the suspension. | 06/08/2026 |
The company requests an extension of its voluntary suspension from the Australian Securities Exchange. This extension is to facilitate the finalization of a significant capital raise, targeted for completion before the market opens on Thursday, 6 August 2026. The Company seeks to maintain the suspension until the market opens on that date or until a related announcement is made. Galilee confirms that it is unaware of any reasons against granting this suspension or any information needed to inform the market regarding it. | 05/08/2026 |
The company requests an extension of its voluntary suspension, initially granted on 29 July 2026, to continue assessing exploration activities and changes to the drilling program at the Zydeco Oil and Gas Project. Suspension sought until 5 August 2026 or announcement release. | 03/08/2026 |
Zydeco-1 now targets three formations: Homeseeker B, Stafford, and Upper/Lower Tweedel, confirming geological models. Drilling revealed high gas readings and hydrocarbon indications, with reduced uncertainty on Tweedel's depth. A sidetrack is planned for efficient evaluation. | 03/08/2026 |
The company has agreed to sell its Glenaras Gas Project subsidiary to Novus Energy for A$1.34 million cash-backed security deposits and potential A$500,000 upon meeting financing milestones, while retaining a 2% net royalty. This transaction alleviates capital demands, enabling Galilee to focus on U.S. Gulf Coast oil and gas opportunities after meeting customary conditions. | 03/08/2026 |
The company releases its Quarterly Activities and Cashflow Report for June 2026. | 31/07/2026 |
The company's securities are suspended under Listing Rule 17.2 at GLL's request, pending an announcement. The suspension lasts until GLL's requested period ends or the announcement is released, whichever comes first, unless ASX determines otherwise. | 29/07/2026 |
The suspension of trading in the securities of Galilee Energy Limited will be lifted immediately following the release by GLL of an announcement regarding a material capital raising and acquisition. | 02/12/2025 |
The company announces an option to acquire the Zydeco Gas Project in Louisiana, a low-risk field. Concurrently, it raised A$6.5 million from investors to accelerate development. The acquisition is expected to deliver significant shareholder value, supported by favorable government policies in Louisiana. Shareholder approval is pending. | 02/12/2025 |
The company's securities are suspended per Listing Rule 17.2 at GLL's request, pending an announcement, until a specified period or announcement release. | 28/11/2025 |
The deferred ordinary fully paid shares of Galilee Energy Limited (the "Company") will be suspended from official quotation immediately, following the announcement that Olympus Funds Management Pty Ltd will not proceed with its proportional off-market takeover bid. The Company's fully paid ordinary shares (ASX Code: GLL) are not affected by this suspension. Security Code: GLLE | 21/01/2014 |
the suspension of trading in the securities of Galilee Energy Limited (the "Company") will be lifted immediately, following receipt of an announcement providing details of an agreement entered into for the sale of its New Zealand coal assets held by its wholly owned subsidiary, Eastern Resources Group Limited | 15/11/2010 |
the securities of Galilee Energy Limited (the "Company") will be suspended from quotation immediately, at the request of the Company, pending an announcement by the Company regarding a potential significant transaction | 10/11/2010 |
name changed from Eastern Corporation Limited | 04/06/2010 |
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| DATE | DIRECTOR | NUMBER | PRICE | AMOUNT |
|---|---|---|---|---|
| 10/04/2025 | Ray Shorrocks | 36,615 | $0.007 | $256 |
| 01/04/2025 | Ray Shorrocks | 1,963,385 | $0.007 | $14,254 |
| 16/11/2023 | Ray Shorrocks | -5,500 | $0.065 | $358 |
| 20/07/2021 | Gordon Grieve | 41,500 | $0.480 | $19,920 |
| 20/07/2021 | Ray Shorrocks | 50,000 | $0.484 | $24,216 |
| NAME | TITLE | DATE OF APPT |
|---|---|---|
| Eduardo Robaina | Non Exec Chairman | 19/12/2025 |
| Joseph Graham | Managing Director, CEO | 06/11/2025 |
| David Woodley | COO | 21/05/2021 |
| Dale Hanna | Non Exec Director, Company Secretary | 19/12/2025 |
Date of first appointment, title may have changed.
| NAME | TITLE | DATE OF APPOINTMENT | DATE OF RESIGNATION |
|---|---|---|---|
| Andrew Ritter | Company Secretary | 03/03/2026 | |
| Ray Shorrocks | Non Exec Chairman | 02/12/2013 | 19/12/2025 |
| Stephen Kelemen | Non Exec Director | 31/03/2018 | 19/12/2025 |
| Greg Columbus | Non Exec Director | 17/09/2020 | 19/12/2025 |
| Gordon Grieve | Non Exec Director | 06/09/2019 | 24/07/2025 |
| Milton Cooper | CFO | 01/12/2018 | 22/11/2024 |
| David Casey | Managing Director | 01/12/2021 | 06/12/2023 |
| David King | Managing Director | 24/09/2013 | 03/12/2021 |
| Peter Lansom | Managing Director, CEO | 24/09/2013 | 21/05/2021 |
| Donald Langdon | CFO | 01/09/2014 | 30/11/2017 |
| Paul Bilston | Executive Director | 24/09/2013 | 31/03/2016 |
| Simon Brodie | CFO | 17/01/2011 | 01/09/2014 |
| Rino Camarri | Non Exec Director | 21/06/2010 | 28/11/2013 |
| Andrew Young | Non Exec Director, Chairman | 19/08/2013 | 28/11/2013 |
| Paul Jensen | Non Exec Director | 24/09/2013 | 28/11/2013 |
| Cam Rathie | Non Exec Director, Independent Director | 21/06/2010 | 24/09/2013 |
| Glenn Haworth | General Manager | 07/06/2013 | 24/09/2013 |
| Steven Koroknay | Non Exec Chairman | 19/12/2008 | 07/06/2013 |
| Campbell Smith | Managing Director | 12/02/2003 | 15/11/2010 |
| John McIntyre | Non Exec Director | 07/07/2004 | 23/06/2010 |
| Richard May | Non Exec Chairman | 22/08/2006 | 12/06/2010 |
| Michael O'Brien | CEO | 25/07/2007 | |
| Howard Stack | Non Exec Director | 22/05/2006 | 07/07/2007 |
| Gordon Smith | 12/02/2003 | 01/04/2007 | |
| Paul Williams | CEO | 12/02/2003 | 26/04/2006 |
| Rick Gazzard | Non Exec Director | 28/08/2003 | 09/07/2004 |
| David Barwick | Chairman | 04/12/2003 | |
| Garry Clark | Managing Director | 24/06/1994 | 28/03/2003 |
| Alan Phillips | Non Exec Director | 25/08/1994 | 28/03/2003 |
| Graham McVean | Non Exec Director | 27/03/2000 | 06/09/2002 |
Date of first appointment, title may have changed.
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