Gallic Energy Updates on Ossun-2D Well in France

Gallic Energy Ltd. had provided an operational update on the Ossun-2D well located in the Aquitaine Basin in Southern France.

Spudded in late March, the Ossun-2D well was successfully drilled to a total depth of 3,050 m as planned. Open hole well logs have been completed and the Company has now commenced operations to case the well. Two zones, the Upper Cretaceous Flysch Carbonate and the Dano Paleocene will be tested for hydrocarbons and results are expected within approximately 25 days.

Gallic is the 100% owner and operator of the Ossun-2D well.