US Advisory Board Appointed to Execute US O&G Strategy
| Stock | Galilee Energy Ltd (GLL.ASX) |
|---|---|
| Release Time | 31 Mar 2026, 8:17 a.m. |
| Price Sensitive | Yes |
Galilee Appoints US Advisory Board to Expand Oil and Gas Business
- High-calibre US Advisory Board appointed to support US expansion
- Advisory Board has access to advanced US hydrocarbon opportunities
- Supports strategy to build a US-focused, cash-flow driven oil and gas business
Galilee Energy Limited (ASX: GLL) has announced the appointment of a US-based Advisory Board to support the company's strategy to build a US-focused oil and gas exploration and production business. The Advisory Board, which has access to a suite of advanced US hydrocarbon opportunities, brings together significant experience across US upstream operations, geology, drilling, asset evaluation, and commercial development, with a particular focus on the Gulf Coast region. The Advisory Board will initially consist of four members with decades of experience in the US oil and gas industry. The establishment of the US Advisory Board is a key component of Galilee's strategy to position itself as a US-based operating business, led by local expertise, and leverage non-dilutionary funding available for advanced brownfield assets. The company is targeting brownfield, near-term cash flow assets typically pursued by smaller private US operators, where competition from the Oil and Gas Majors is limited. The Advisory Board will provide strategic and technical guidance across asset identification and evaluation, drilling and development strategy, operational execution in US basins, commercial structuring and partnerships, and capital efficiency and portfolio growth. The appointment of the US Advisory Board strengthens Galilee's ability to operate as a credible local US player, while leveraging its access to ASX public capital markets and alternative non-dilutionary financing structures.
The Advisory Board will be instrumental as Galilee executes its strategy and builds a scalable production platform in the US, leveraging proven Gulf Coast geology and infrastructure, extensive well control and existing production data, established pipeline and processing networks, and low-risk drilling and redevelopment opportunities.