Quarterly Activities Report
Quarterly Activities Report
Brisbane, Jan 31, 2019 AEST (ABN Newswire) - Brisbane-based gas developer State Gas Limited (ASX:GAS) is pleased to provide its Quarterly Activities Report for the December Quarter, 2018.

HIGHLIGHTS:

- Successful drilling of Primero West-1 well and Nyanda-4 corehole.

- Primero West-1 encountered a net gas-bearing zone of up to 12.5m. Gas was flowed at a rate of 0.436 mmscf/d through a 48/64" choke.

- Nyanda-4 the first CSG well drilled in Reid's Dome / PL 231. 40.4m net coal and 25m carbonaceous shale confirmed, plus conventional / tight gas in sands and shales of Reid's Dome Beds.

- Gas bubbling and hissing from both coals and sandstones in Nyanda-4 core, with numerous gas peaks in logs.

- While gas desorption is continuing, average gas content recorded to date is 11.6m3/t in cored coal seams from Nyanda-4 commencing at 396m.

- State Gas increased its Participating Interest in PL 231 to 80% and is transitioning to 100%, with Offer/Acceptance Notices issued on 4 December under the Joint Operating Agreement.

To view the full report, please visit:
http://abnnewswire.net/lnk/TYY2B283


About State Gas Limited

State Gas Limited ASX:GASState 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 and 80%-owner (transitioning to 100%) 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 Snelling
Chief Executive Officer
M: +61-439-608-241
E: lucy@stategas.com

Greg Baynton
Executive Director
M: +61-414-970-566
E: greg@stategas.com



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