State Gas Limited

ASX:GAS ISIN:AU000000GAS2

State Gas Limited ASX:GASState Gas Limited (ASX:GAS) is a Queensland-based developer of the Reid's Dome gas field, originally discovered during drilling in 1955, located in the Bowen Basin in Central Queensland. State Gas is 100%-owner of the Reid's Dome Gas Project (PL-231) a CSG and conventional gas play, which is well-located 30 kilometres southwest of Rolleston, approximately 50 kilometres from the Queensland Gas Pipeline and interconnected east coast gas network.

Permian coal measures within the Reid's Dome Beds are extensive across the entire permit but the area had not been explored for coal seam gas prior to State Gas' ownership. In late 2018 State Gas drilled the first coal seam gas well in the region (Nyanda-4) into the Reid's Dome Beds and established the potential for a significant coal seam gas project in PL 231. The extension of the coal measures into the northern and central areas of the permit was confirmed in late 2019 by the Company's drilling of Aldinga East-1A (12 km north) and Serocold-1 (6 km to the north of Nyanda-4).

State Gas is also the 100% holder Authority to Prospect 2062 ("Rolleston-West"), a 1,414 km2 permit (eight times larger than PL 231) that is contiguous with the Reid's Dome Gas Project. Rolleston-West contains highly prospective targets for both coal seam gas (CSG) and known conventional gas within the permit area. It is not restricted by domestic gas reservation requirements.

The contiguous areas (Reid's Dome and Rolleston-West), under sole ownership by State Gas, enable integration of activities and a unified super-gasfield development, providing economies of scale, efficient operations, and optionality in marketing.

State Gas is implementing its strategic plan to bring gas to market from Reid's Dome and Rolleston-West to meet near term forecast shortfalls in the east coast domestic gas market. The strategy involves progressing a phased appraisal program in parallel with permitting for an export pipeline and development facilities to facilitate the fastest possible delivery of gas to market. State Gas' current focus has been to confirm the producibility of the gas through production testing of the wells.

 

 
 
           

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News

State Gas Limited (ASX:GAS) Annual Report to Shareholders

🕔9/28/2023 6:39:00 PM 9384

State Gas Limited (ASX:GAS) (OTCMKTS:STGSF) is a gas exploration and development company with operations in the southern Bowen Basin in Central Queensland. The Company's mission is to support energy markets through the efficient commercialisation of previously undeveloped gas resources.

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State Gas Limited (ASX:GAS) Share Purchase Plan Results

🕔9/5/2023 8:39:24 AM 8740

State Gas Limited (ASX:GAS) (OTCMKTS:STGSF) advises that the Share Purchase Plan announced on Tuesday, 8 August 2023 closed on Thursday, 31 August 2023. Under the terms of the SPP, eligible shareholders were entitled to be issued up to $30,000 worth of shares in the Company at the SPP issue price.

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State Gas Limited (ASX:GAS) Compressed Natural Gas Off-take Arrangements

🕔8/24/2023 10:01:37 AM 9392

State Gas Limited (ASX:GAS) (OTCMKTS:STGSF) is pleased to provide an update on the sale arrangements for gas produced from its Rolleston West (ATP 2062) project in the southern Bowen Basin.

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State Gas Limited (ASX:GAS) CNG Asset Commissioning Update

🕔8/22/2023 9:46:37 AM 9453

State Gas Limited (ASX:GAS) (OTCMKTS:STGSF) is pleased to provide an update on the commissioning and construction of its compressed natural gas ("CNG") facility to support ongoing testing and early-stage gas sales from its Rolleston West (ATP 2062) project in the southern Bowen Basin.

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State Gas Limited (ASX:GAS) Successful $5 Million Placement and SPP Announced

🕔8/8/2023 10:16:58 AM 9702

State Gas Limited (ASX:GAS) (OTCMKTS:STGSF) is pleased to announce the successful completion of a $5 million placement at $0.15 per share ("the Placement").

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State Gas Limited (ASX:GAS) Quarterly Activities Report

🕔7/31/2023 4:12:57 PM 8487

State Gas Limited (ASX:GAS) (OTCMKTS:STGSF) is pleased to provide this update for the quarter ended 30 June 2023 ("the Quarter"). During the period, the Company made significant progress with a range of planning and pre-commissioning activities.

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State Gas Limited (ASX:GAS) CNG Asset Commissioning Update

🕔5/30/2023 11:32:15 AM 9446

State Gas Limited (ASX:GAS) (OTCMKTS:STGSF) is pleased to provide an update on the importation and commissioning of equipment to support production testing and early-stage gas sales from its Rolleston West and Reid's Dome projects.

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State Gas Limited (ASX:GAS) Quarterly Activities Report

🕔4/28/2023 9:29:35 AM 8359

State Gas Limited (ASX:GAS) (OTCMKTS:STGSF) is pleased to advise that during the quarter to 31 March 2023 it made significant progress on its Reid's Dome and Rolleston West projects.

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State Gas Limited (ASX:GAS) Rougemont Production Testing Update

🕔4/18/2023 8:36:16 AM 7541

State Gas Limited (ASX:GAS) (OTCMKTS:STGSF) is pleased to provide a further update on its production testing strategy for the Rougemont 2/3 lateral well configuration at its Rolleston West Project ("Rougemont").

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State Gas Limited (ASX:GAS) Rougemont hits 457,000 scf/day and CNG Project Update

🕔3/20/2023 10:14:00 AM 5775

State Gas Limited (ASX:GAS) (OTCMKTS:STGSF) is pleased to report that production testing gas from the Rougemont 2/3 lateral well ("Rougemont") has exceeded 457,000 scf/day.

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Company Data

    Headquarters
  • Suite 4, Level 1, 40 Edward Street
    Brisbane, QLD 4000
    Australia
  • Principal Sector
  • Energy 
  • Principal Industry
  • Energy 
  • Homepage
  • www.state-gas.com

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