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) First Shipment of High-Density Natural Gas

🕔5/20/2024 9:46:05 AM 3587

State Gas Limited (ASX:GAS) (OTCMKTS:STGSF) has successfully shipped its first cargos of high-density natural gas ("HDNG") using its Virtual Pipeline trailers. These are the first shipments of HDNG under the offtake arrangement announced on 5 April 2024.

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State Gas Limited (ASX:GAS) $5.5 million Exploration Grant Funding

🕔5/10/2024 8:43:27 AM 4833

State Gas Limited (ASX:GAS) (OTCMKTS:STGSF) has been awarded $5.5 million of exploration grant funding through the Queensland Government's Frontier Gas Exploration Program.

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State Gas Limited (ASX:GAS) Quarterly Activities Report

🕔4/30/2024 12:43:58 PM 4904

State Gas Limited (ASX:GAS) (OTCMKTS:STGSF) is pleased to provide this update for the quarter ended 31 March 2024. During the Quarter, the Company achieved both mechanical and practical completion of its "first-of-its-kind" in Australia, coal seam gas to compressed natural gas plant.

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State Gas Limited (ASX:GAS) CNG Supply Arrangements and Project Update

🕔4/5/2024 1:16:06 PM 7619

State Gas Limited (ASX:GAS) (OTCMKTS:STGSF) has entered into an initial offtake agreement with Thiess Pty Ltd for delivery of CNG to the Curragh Coal Mining operation, near Blackwater in Central Queensland.

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State Gas Limited (ASX:GAS) Half Yearly Report and Accounts

🕔3/14/2024 6:45:26 PM 7923

Since the beginning of this fiscal year, State Gas Limited (ASX:GAS) (OTCMKTS:STGSF) has been singularly focussed on bringing online the world's first, in situ CSG to CNG pilot plant at its Rolleston West Project, close to the Rougemont 2/3 dual lateral well.

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State Gas Limited (ASX:GAS) Mechanical Completion of CNG Facility

🕔2/29/2024 12:00:12 PM 8016

State Gas Limited (ASX:GAS) (OTCMKTS:STGSF) has achieved mechanical completion and commenced commissioning of its compressed natural gas ("CNG") facility. When commissioned the CNG Facility will enable State Gas to process and sell up to 1.7TJ/day of production testing gas from the Company's Rolleston West Project.

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State Gas Limited (ASX:GAS) Quarterly Activities Report

🕔1/31/2024 10:10:07 AM 7503

State Gas Limited (ASX:GAS) (OTCMKTS:STGSF) is pleased to provide this update for the quarter ended 31 December 2023.

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State Gas Limited (ASX:GAS) CNG Facility Construction Update

🕔1/18/2024 9:35:50 AM 7624

State Gas Limited (ASX:GAS) (OTCMKTS:STGSF) provides this update on the construction of its compressed natural gas ("CNG") facility that will enable the processing and initial sale of production testing gas from the Company's Rolleston West Project.

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State Gas Limited (ASX:GAS) CNG Facility Construction Update

🕔12/12/2023 10:53:06 AM 7648

State Gas Limited (ASX:GAS) (OTCMKTS:STGSF) provides this update on the construction of its compressed natural gas ("CNG") facility that will support the processing and initial sale of production testing gas from the Company's Rolleston West Project.

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State Gas Limited (ASX:GAS) Executive Chairman's Address to AGM

🕔11/30/2023 11:50:51 AM 7259

State Gas Limited's (ASX:GAS) (OTCMKTS:STGSF) strategy over the past twelve months has been to continue to explore and appraise our project within ATP 2062, called Rougemont.

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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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