State Gas Limited (
Drilling at Nyanda-8 had reached 248 metres at 7:00AM (AEST), with gas being detected from 151 metres.
Further updates will be issued as drilling and testing progresses at Nyanda-8.
About State Gas Limited
State Gas Limited (ASX:GAS) is a Queensland-based developer of the Reid's Dome gas field (PL 231), which includes both CSG and conventional gas, originally discovered in 1954 during oil drilling prior to the existence of a pipeline network and an east coast gas market. The Reid's Dome field is located in the Bowen Basin in Central Queensland on the apex of the Springsure-Sericold Anticline. State Gas is sole Operator of PL 231, which is well-located 30 kilometres southwest of Rolleston, approximately 47 kilometres from the Queensland Gas Pipeline.
http://www.stategas.com
Contact
Lucy SnellingChief Executive Officer
Phone: 0439 608 241
e-mail: lucy@stategas.com
Richard Cottee
Executive Chairman
Phone: 0458 517 850
e-mail: richard@stategas.com
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