State Gas Limited (ASX:GAS) provides the Company's latest Presentation at Queensland Exploration Council - Investment Showcase.

GAS: 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 overpressued 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)

PIPELINE - EAST COAST NETWORK: 45km NE to Rolleston / Queensland Gas Pipeline, 50km SW to Queensland Gas Pipeline

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/O5R99J19


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 Baynton
Executive 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



Link: QEC Investment Showcase Presentation



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