Quarterly Activities Report
- 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.
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About State Gas Limited
State 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
State Gas Limited