Quarterly Activities Report
Quarterly Activities Report
Brisbane, Jan 29, 2018 AEST (ABN Newswire) - Brisbane-based conventional gas developer State Gas Limited (ASX:GAS) is pleased to provide its inaugural Quarterly Activities Report, for the December Quarter, 2017.

HIGHLIGHTS:

- Lodgement of Prospectus with Australian Securities and Investments Commission (ASIC) on 4 September 2017 for the Company's Initial Public Offering (IPO).

- Completion of IPO raising $5.25 million, admission to the Official List of the Australian Securities Exchange (ASX) on 9 October, and trading commencing on ASX on 10 October.

- Engagement of a drilling and completion co-ordinator during December.

- Field investigations, flow testing and sampling of existing wells at PL 231 completed during December.

To view the full report, please visit:
http://abnnewswire.net/lnk/4JR67721


About State Gas Limited

State Gas Limited ASX:GASState Gas Limited (ASX:GAS) is a Queensland-based developer of the Reid's Dome Gas Project (PL-231), originally discovered during drilling in 1955, located in the Bowen Basin in Central Queensland. State Gas is Sole Operator and 80% owner of the Reid's Dome Gas Project which is located 30 kilometres southwest of Rolleston, approximately 50 kilometres from the Queensland Gas Pipeline. http://www.stategas.com

 


Contact

Greg Baynton
Executive Director
State Gas Limited
M: +61-414-970-566
E: greg@stategas.com

Tony Bellas
Chairman
State Gas Limited
M: +61-412-244-385
E: tony@stategas.com



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