GAS

Exoma close to acquiring prospective Galilee Basin project

EXOMA Energy's due diligence on its 100% acquisition of the Galilee gas project in Queensland's Galilee Basin supports the estimated resource potential of 35 trillion cubic feet of coal seam gas and shale gas.

Exoma close to acquiring prospective Galilee Basin project

The company completed the due diligence as part of a condition to acquire the project, which covers an area of 26,840 square kilometres across five ATPs - 991, 996, 999, 1005 and 1008 - from private company...

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