State Gas Limited

ASX:GAS ISIN:AU000000GAS2

State Gas Limited ASX:GASState Gas Limited (ASX:GAS) is a Queensland-based developer of the Reid's Dome gas field, originally discovered during drilling in 1955, located in the Bowen Basin in Central Queensland. State Gas is 100%-owner of the Reid's Dome Gas Project (PL-231) a CSG and conventional gas play, which is well-located 30 kilometres southwest of Rolleston, approximately 50 kilometres from the Queensland Gas Pipeline and interconnected east coast gas network.

Permian coal measures within the Reid's Dome Beds are extensive across the entire permit but the area had not been explored for coal seam gas prior to State Gas' ownership. In late 2018 State Gas drilled the first coal seam gas well in the region (Nyanda-4) into the Reid's Dome Beds and established the potential for a significant coal seam gas project in PL 231. The extension of the coal measures into the northern and central areas of the permit was confirmed in late 2019 by the Company's drilling of Aldinga East-1A (12 km north) and Serocold-1 (6 km to the north of Nyanda-4).

State Gas is also the 100% holder Authority to Prospect 2062 ("Rolleston-West"), a 1,414 km2 permit (eight times larger than PL 231) that is contiguous with the Reid's Dome Gas Project. Rolleston-West contains highly prospective targets for both coal seam gas (CSG) and known conventional gas within the permit area. It is not restricted by domestic gas reservation requirements.

The contiguous areas (Reid's Dome and Rolleston-West), under sole ownership by State Gas, enable integration of activities and a unified super-gasfield development, providing economies of scale, efficient operations, and optionality in marketing.

State Gas is implementing its strategic plan to bring gas to market from Reid's Dome and Rolleston-West to meet near term forecast shortfalls in the east coast domestic gas market. The strategy involves progressing a phased appraisal program in parallel with permitting for an export pipeline and development facilities to facilitate the fastest possible delivery of gas to market. State Gas' current focus has been to confirm the producibility of the gas through production testing of the wells.

 

 
 

News

State Gas Limited (ASX:GAS) Chairman's Address to Shareholders

🕔11/23/2022 9:57:53 AM 1142

State Gas Limited (ASX:GAS) (OTCMKTS:STGSF) is endeavouring to be as responsive as possible to energy market dynamics and so has formulated a strategic response to market signals.

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State Gas Limited (ASX:GAS) Rougemont Production Test Commenced

🕔11/23/2022 9:12:03 AM 1116

State Gas Limited (ASX:GAS) (OTCMKTS:STGSF) advises that the production test of the Rougemont-2 and Rougemont-3 well pair commenced yesterday, 22 November 2022.

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State Gas Limited (ASX:GAS) GAS & MES sign MOU for CNG Virtual Pipeline Infrastructure

🕔11/10/2022 9:35:15 AM 1718

State Gas Limited (ASX:GAS) (OTCMKTS:STGSF) has entered into a Memorandum of Understanding with Mine Energy Solutions Pty Ltd (MES) securing access to compressed natural gas (CNG) Virtual Pipeline infrastructure.

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State Gas Limited (ASX:GAS) Quarterly Activities Report

🕔10/31/2022 11:42:40 AM 2070

The September 2022 Quarter (Quarter) and the subsequent month of October have been eventful for both the energy sector and State Gas Limited (ASX:GAS) (OTCMKTS:STGSF).

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State Gas Limited (ASX:GAS) Rougemont-3 Well Completed

🕔10/24/2022 9:56:20 AM 1665

State Gas Limited (ASX:GAS) Rougemont-3 Well Completed

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State Gas Limited (ASX:GAS) Second Lateral at Rougemont-3 Commenced

🕔10/13/2022 9:56:51 AM 1926

State Gas Limited (ASX:GAS) (OTCMKTS:STGSF) advises that drilling of the second lateral of the Rougemont-3 well has commenced.

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State Gas Limited (ASX:GAS) St Baker Group Strategic Investment and Associated Placement

🕔10/10/2022 9:41:31 AM 2242

State Gas Limited (ASX:GAS) (OTCMKTS:STGSF) is pleased to advise that it has attracted strategic investment from leading energy sector experts and undertaken an associated equity raising to help accelerate production from its east coast gas projects.

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State Gas Limited (ASX:GAS) First Lateral at Rougemont-3 Reaches Target Extent

🕔10/4/2022 9:53:56 AM 1529

State Gas Limited (ASX:GAS) (OTCMKTS:STGSF) is pleased to advise that the first lateral of the Rougemont-3 horizontal well has reached its full target length of approximately 1,300 metres with 97.8% (1,263.3 m) within the target coal seam.

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State Gas Limited (ASX:GAS) Rougemont-3 Enters Coal Seam with Strong Gas Shows

🕔9/26/2022 9:29:16 AM 1857

State Gas Limited (ASX:GAS) (OTCMKTS:STGSF) advises that its Rougemont-3 horizontal well entered the target coal seam overnight and is currently making good progress through the seam towards its intersect point with Rougemont-2.

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State Gas Limited (ASX:GAS) Rougemont-3 Target Depth Reached with Strong Gas Shows

🕔9/21/2022 9:20:39 AM 2099

State Gas Limited (ASX:GAS) (OTCMKTS:STGSF) is pleased to announce that its Rougemont-3 horizontal well has reached target vertical depth and has confirmed good net coal in line with expectations.

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Company Data

    Headquarters
  • Suite 4, Level 1, 40 Edward Street
    Brisbane, QLD 4000
    Australia
  • Principal Sector
  • Energy 
  • Principal Industry
  • Energy 
  • Homepage
  • www.state-gas.com

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