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.
The March 2021 Quarter saw the beginning of a defining half-year for State Gas (ASX:GAS). In January we commenced production testing the newly drilled Nyanda-7 & Nyanda-8 wells, and re-established production testing at Nyanda-4.
State Gas Limited (ASX:GAS) is pleased to provide an update on production testing activities at its 100%-owned Reid's Dome Gas Project (PL 231) in the Bowen Basin in Central Queensland.
The Nyanda-4 well has provided exceptional results overnight, producing a total of 620,000 cubic feet in the previous 24 hours.
It has been a transformatory period for State Gas (ASX:GAS) since the beginning of this financial year. The true potential of PL231, in which your board had strong faith, is beginning to be revealed.
With the successful drilling of the Nyanda area at Reid's Dome (PL 231) completed late last year, production testing during 2021 has already begun to deliver results for State Gas.
State Gas Limited (ASX:GAS) is pleased to provide its weekly update on production testing activities at its 100%-owned Reid's Dome Gas Project (PL 231) in the Bowen Basin in Central Queensland.
State Gas Limited (ASX:GAS) is pleased to provide its weekly update on production testing activities at its 100%-owned Reid's Dome Gas Project (PL 231) in the Bowen Basin in Central Queensland.
State Gas Limited (ASX:GAS) is pleased to provide its weekly update on production testing activities at its 100%-owned Reid's Dome Gas Project (PL 231) in the Bowen Basin in Central Queensland.
The Quarter started with the award to the Company of new ATP 2062 on 1 October 2020 in what must be close to record time, for 1,414 square kilometres of new acreage contiguous to PL231.
State Gas Limited (ASX:GAS) is pleased to provide an update on production testing activities underway during the Phase 2 exploration and appraisal program at its 100%-owned Reid's Dome Gas Project (PL 231) in the Bowen Basin in Central Queensland.
