04:05 PM EST - Gallic Energy Ltd. : Gallic Energy Ltd.: announced the award of exploration rights for Block L05-8 in the Canning Basin, Western Australia. Gallic has been engaged in the application process for these Canning Basin rights since 2006. The Canning Block comprises an area approximately 294,000 hectares (726,489 acres) Gallic has identified exploration potential that would be the focus of its anticipated future oil exploration activities in the area. Gallic Energy Ltd.
shares GLE.A:CA are trading even at $0.04.
