Galilee Energy Limited (ASX: GLL) ('Galilee') is pleased to advise that it has entered into a Heads of Agreement ('HoA') with Alinta Energy to collaborate on domestic gas supply opportunities from the Glenaras Gas Project.

Managing Director Peter Lansom said Galilee is delighted to have entered into the HoA with a customer such as Alinta Energy who have a strong Queensland presence and who support the powering of homes, manufacturing and jobs.

'Galilee is committed to working with potential customers to supply natural gas that will help to support the gas-led recovery and assist in the creation of sustainable employment for Queenslanders.

This agreement with Alinta Energy follows both the Queensland and Federal Government's policy to support the new supply of natural gas into the domestic market and I'm proud that Galilee has the opportunity to help support the supply of natural gas for homes, local manufacturing and to boost regional investment.

This HoA with Alinta Energy is a crucial step towards Galilee becoming a material supplier of gas to the east coast market and provides us with another commercialisation option in addition to those existing options outlined below,' Mr Lansom said.

About Alinta Energy

Alinta Energy is a leading Australian utility with an owned and contracted generation portfolio of 3,000MW, over 1 million combined electricity and gas retail customers, and around 800 employees across Australia and New Zealand. Alinta Energy has been supplying energy in Australia for over 20 years.

Alinta Energy's energy portfolio includes power stations, transmission lines and natural gas pipelines in Australia and the Glenbrook power station in New Zealand. Other assets include the 502MW Braemar Power Station, near Dalby in Queensland, and gas fired power stations and a large-scale battery in Western Australia.

Alinta Energy are working to make energy more affordable and are committed to supporting the development of new renewable energy generation, including WA's largest wind farm and the Pilbara's Solar Gas Hybrid Project.

Contact:

Peter Lansom

Tel: +61 (0) 7 3177 9970

About Galilee

Galilee Energy is focused on creating a high value exploration and production company building on its core strengths in coal seam gas appraisal and development. Its primary area of focus is Queensland where it is appraising the Galilee Basin and exploring in the Surat and Bowen Basins whilst looking to add further high quality acreage to its portfolio.

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