Galilee Energy Limited

ASX:ECU ISIN:AU000000ECU9

May 26, 2012

OVERVIEW | NEWS | MULTIMEDIA | RESEARCH

Galilee Energy Limited Company Summary

Galilee Energy Limited (Galilee), formerly Eastern Corporation Limited, is engaged in the production of coal in New Zealand and exploration and development of coal seam methane in the Galilee Basin near Longreach in Queensland.

COMPANY DATA

	Fax	(07) 3832 5424

	Principal Sector	Energy General

	Principal Industry	Energy

	Listed	1996/02/15

	Homepage	www.galilee-energy.com.au

Key Developments: Galilee Energy Limited

	Asian Activities Report for June 30, 2011 includes: Axiom Mining (ASX:AVQ) Granted Gold and Copper Exploration Licence in Vietnam JUNE 30, 2011 12:00 - Article Views: 1,500 Asian Activities Report for June 2, 2011: Axiom Mining Limited (ASX:AVQ) has been granted a mineral exploration licence in Vietnam; Goodman Group (ASX:GMG) announced the acquisition by Canada Pension Plan Investment Board of Goodman's 50% interest in the Interlink Project; Universal Coal plc (ASX:UNV) has received the first draft of the Bankable Feasibility Study for the Kangala coal projects in South Africa; Galilee Energy Limited (ASX:GLL) announced the first coal seam gas resource estimation for the Galilee Gas Project.

	Australian Market Report of February 11: Gains Pared after China's Trade Data FEB 11, 2010 09:30 - Article Views: 4,783 Australian shares gave up early gains after disappointing trade numbers from China raised concerns that Chinese economy is cooling. The market closed slightly higher as earnings reports from market heavyweights BHP Billiton and Commonwealth Bank helped the rise. At the close, the benchmark S&P/ASX200 index was 8.3 points higher, or 0.2 per cent, at 4513.4. The broader All Ordinaries index rose 12.3 points, or 0.3 per cent, to 4533.

	Australian Market Report of November 21: Below 3000 Points Possible NOV 21, 2008 13:00 - Article Views: 4,530 On Thursday, the Australian sharemarket closed more than four per cent weaker, dropping almost to five-year lows, with losses in all sectors. The benchmark S&P/ASX200 index was down 146.7 points, or 4.19 per cent, at 3,352.9 while the broader All Ordinaries index had shed 150.6 points, or 4.32 per cent, to 3332.6. Analysts predict the bottom is getting closer and lower than 3000 points is possible as market would be dragged down by the US and growing concerns on recession in Australia.