- Ongoing analysis of results from drilling undertaken in November- December 2018.
- State Gas enforcing its right under the Joint Operating Agreement to transition to 100% of PL 231.
- Ongoing discussions with interested parties wishing to participate in progressing the Reid's Dome Project in PL231.
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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.
Chief Executive Officer