Galilee Basin

MapThe Galilee Basin is an emerging coal seam gas basin in northern Queensland. Energetica is also investigating its potential for shale oil and shale gas.

Energetica currently has 3 tenders that are in the negotiation stage prior to being granted as exploration licences in the Galilee basin. These are all subject to satifactory negotiations of agreements with Native Title holders in the various areas.

These large areas have considerable potential for exploration and appraisal of coal seam gas resources within hte Permian aged coal measures that are present across the basin. Preliminary work has also highlighted the potential for both shale gas and shale oil within the areas. Companies such as AGL and Blue Energy have recently been active in hte basin and have have published gas resource and reserve figures for their Galilee Basin interests.

 

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