Highlights
ADVANCED PROJECT
Granted Petroleum Lease (PL 231), with Pipeline Survey Licence Application (PSL 2028)
SHALLOW CONVENTIONAL GAS PROJECT
conventional gas in Central Queensland, first discovered in the 1950s
GAS FLOWS
15 historical wells drilled since 1950s
SHALLOW GAS - PRIMARY TARGET
Cattle Creek Formation - 150m to shallow gas target (refer September 2017 Prospectus for historical target)
LARGE SECONDARY TARGET
Reid's Dome Beds - 1,000m+ to large gas target (refer September 2017 Prospectus for historical targets)
INFRASTRUCTURE
50km to Queensland Gas Pipeline - connection to east coast network
OPERATORSHIP
State Gas is Operator with 60% of PL 231 - simplified JV Feb 2017
EXPERIENCED
Strong, active Board - strong technical and commercial experience
To view the full presentation, please visit:
http://abnnewswire.net/lnk/77B481V4
About State Gas Limited
State 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 Operator and 60%-owner of the Reid's Dome gas project which is well-located 30 kilometres southwest of Rolleston, approximately 50 kilometres from the Queensland Gas Pipeline.
Contact
Greg BayntonExecutive Director
State Gas Limited
M: +61-414-970-566
E: greg@state-gas.com
Tony Bellas
Chairman
State Gas Limited
M: +61-412-244-385
E: tony@state-gas.com
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