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.

 

  

News

State Gas Limited (ASX:GAS) First Lateral at Rougemont-3 Reaches Target Extent

🕔10/4/2022 9:53:56 AM

State Gas Limited (ASX:GAS) (OTCMKTS:STGSF) is pleased to advise that the first lateral of the Rougemont-3 horizontal well has reached its full target length of approximately 1,300 metres with 97.8% (1,263.3 m) within the target coal seam.

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State Gas Limited (ASX:GAS) Rougemont-3 Enters Coal Seam with Strong Gas Shows

🕔9/26/2022 9:29:16 AM 1071

State Gas Limited (ASX:GAS) (OTCMKTS:STGSF) advises that its Rougemont-3 horizontal well entered the target coal seam overnight and is currently making good progress through the seam towards its intersect point with Rougemont-2.

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State Gas Limited (ASX:GAS) Rougemont-3 Target Depth Reached with Strong Gas Shows

🕔9/21/2022 9:20:39 AM 1435

State Gas Limited (ASX:GAS) (OTCMKTS:STGSF) is pleased to announce that its Rougemont-3 horizontal well has reached target vertical depth and has confirmed good net coal in line with expectations.

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State Gas Limited (ASX:GAS) Spuds Rougemont-3 Horizontal Well

🕔9/16/2022 10:00:57 AM 1415

State Gas Limited (ASX:GAS) (OTCMKTS:STGSF) advises that it spudded its new Rougemont-3 horizontal well overnight.

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State Gas Limited (ASX:GAS) to Drill New Horizontal Well

🕔9/12/2022 9:33:54 AM 1428

State Gas Limited (ASX:GAS) is pleased to announce that the rig and associated equipment has commenced mobilising to site to drill its new horizontal well Rougemont-3.

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State Gas Limited (ASX:GAS) to Commence Gas Sales with Trucking of CNG

🕔8/30/2022 9:43:06 AM 2627

As a response to the predicted domestic gas shortfall, State Gas Limited (ASX:GAS) has initiated a project to undertake trucking of CNG to enable commencement of gas sales from its Central Queensland projects within months.

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State Gas Limited (ASX:GAS) GAS-Santos JV Granted New Exploration Permit (Amended)

🕔7/21/2022 8:51:30 AM 2010

The Queensland Government has issued new exploration permit ATP 2068 to a joint venture of State Gas Limited (ASX:GAS) (through its 100% subsidiary State Gas (CQ) Pty Ltd) (State Gas) and Santos QNT Pty Ltd (100% subsidiary of Santos Ltd, (ASX:STO)).

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State Gas Limited (ASX:GAS) Santos JV Granted New Central Qld Exploration Permit

🕔7/20/2022 9:38:38 AM 1908

The Queensland Government has issued new exploration permit ATP 2068 to a joint venture of State Gas Limited (ASX:GAS) (through its 100% subsidiary State Gas (CQ) Pty Ltd) and Santos QNT Pty Ltd (100% subsidiary of Santos Ltd (ASX:STO)).

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State Gas Limited (ASX:GAS) Quarterly Activities Report

🕔7/12/2022 10:05:17 AM 2410

The June 2022 Quarter has seen State Gas Limited (ASX:GAS) focus its efforts to bring new gas supplies to market, with an emphasis on soonest possible delivery. The Company is exploring options to minimise infrastructure and speed deployment to facilitate early delivery and sales.

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State Gas Limited (ASX:GAS) Santos JV Awarded New Central Queensland Acreage

🕔5/17/2022 10:56:41 AM 3829

State Gas Limited (ASX:GAS), in Joint Venture with Santos Ltd (ASX:STO), has been appointed Preferred Tenderer of two new areas under the Queensland Government's latest Petroleum Land Release Program.

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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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