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An announcement from Galilee Energy Limited ( (AU:GLL) ) is now available.
Galilee Energy Limited has refreshed its board in line with its new strategic direction in Louisiana, appointing Chief Executive Officer Joseph Graham as managing director alongside new non-executive chairman Eduardo Robaina and non-executive director Dale Hanna. The reshaped board, which brings deep oil and gas engineering and ASX-listed resources and corporate finance experience, follows the company’s acquisition of the Zydeco Gas Project in Louisiana and is designed to better align governance and skills with its US growth ambitions, while long-serving directors Ray Shorrocks, Greg Columbus and Stephen Kelemen have stepped down to make way for the new leadership team.
The most recent analyst rating on (AU:GLL) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on Galilee Energy Limited stock, see the AU:GLL Stock Forecast page.
More about Galilee Energy Limited
Galilee Energy Limited is an Australian-listed oil and gas company that has recently shifted its strategic focus toward the Zydeco Gas Project in Louisiana, USA. The business is centred on petroleum and gas development, drawing on technical and operational expertise in field start-ups across key energy regions including the United States, the United Kingdom and Australia.
Average Trading Volume: 1,040,718
Technical Sentiment Signal: Sell
Current Market Cap: A$6.29M
For a thorough assessment of GLL stock, go to TipRanks’ Stock Analysis page.