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.
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.
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.
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)).