Galilee Energy Limited provided the following operations update and announced that the Silver City Rig 23 is now onsite. All wells are currently online and pumping with production rates steady over the last week. Activities for the preparation of the Glenaras drilling programme have continued to progress this week.

The 2022 programme consists of drilling, completing, connecting and powering an additional 5 vertical wells. The Silver City Rig 23 has arrived on-site following being washed down to remove weeds and seeds. This rig is a 760 HP rig with 200 klbs pull back.

It is the sister rig of Silver City Rig 25 which was successfully used in the 2020 drilling programme. The rig is the process of being set up on the first well, G24 and is expected to spud on 20 April following a scheduled crew break. The preparatory clear and grade for the right of ways for the gas gathering and electrical cables is now complete.

The trenching and construction activities to install these is scheduled to commence after Easter. The sorghum on the second pivot irrigation area is currently being cut. The continued good performance and yields from the crops provides confidence with the long- term sustainability of the current irrigation practices being used in conjunction with the CSG water from the Glenaras pilot.

A new sorghum crop is currently being planted within the travelling irrigator area.