State Gas Limited (ASX:GAS) Successfully Completes Placement
State Gas Limited (ASX:GAS) is pleased to announce the successful completion of its share placement to institutional, sophisticated and professional investors to raise ~$1 million.
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.
State Gas Limited (ASX:GAS) is pleased to announce the successful completion of its share placement to institutional, sophisticated and professional investors to raise ~$1 million.
State Gas Limited (ASX:GAS) provide the latest company presentation regarding the "State of Play" of the Reid's Dome Gas Project.
State Gas Limited (ASX:GAS) is pleased to provide a further update on field activities at its Reid's Dome Gas Project (PL 231).
State Gas Limited (ASX:GAS) is pleased to provide an update on its Reid's Dome Gas Project (PL 231).
Brisbane-based gas developer State Gas Limited (ASX:GAS) is pleased to advise that the Court of Appeal in Queensland has today struck out the application made by its former joint venture partner, Dome Petroleum Resources PLC.
As advised on 13 November 2019, TDC Drilling Pty Ltd's Rig 4 has been undertaking workover activities at State Gas' Nyanda-4 well on PL 231. Those activities have now been completed and the rig was released from the well this morning.
This year has been a pivotal year for State Gas Ltd (ASX:GAS). We started the year with 60% interest in the Reid's Dome Project, which had not had any exploration on it for over a decade.
State Gas Limited (ASX:GAS) refers to its previous announcements1 relating to the Aldinga East-1A well in the Reid's Dome Gas Project (PL 231).
State Gas Limited (ASX:GAS) refers to its previous announcements1 relating to the spudding, commencement of coring, and encountering of conventional gas at the Aldinga East-1A well in the Reid's Dome Gas Project.
State Gas Limited (ASX:GAS) has received the final Gas Content Testing report on the core samples obtained from the Nyanda-4 well, drilled by the Company in late 2018. (ASX:GAS) Final Gas Content Testing Reids Dome.