State Gas Limited (ASX:GAS) is pleased to give an update on its current production testing activities underway within its Central Queensland gas projects.
State Gas Limited (ASX:GAS) Quarterly Activities Report
Quarterly Activities ReportBrisbane, April 30, 2021 AEST (ABN Newswire) - 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.
Quarter Highlights:
- Nyanda-4 achieving up to 700,000 standard cubic feet of gas production per day
- Encouraging gas production levels at Nyanda-7 and Nyanda-8
- Commencement of civil works for drilling of Rougemont wells on new Rolleston-West Project (ATP2062)
Logs of the Nyanda-7 provide further positive data for future gas production, with approximately 38.2 metres of net coal confirmed (compared with 30.9 metres at Nyanda-4), with numerous open fractures apparent through the coal seams. Since the commencement of production testing the well has produced nearly twice as much water as did Nyanda-4 during th
State Gas Limited (ASX:GAS) Quarterly Activities Report
Quarterly Activities ReportBrisbane, Jan 29, 2021 AEST (ABN Newswire) - 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 (see Figure 1 below ). The new block (which we are calling Rolleston-West ) contains the highly prospective Bandanna Coals which have shown good CSG potential to the north at Mahalo and to the south at Acadia, as well as previously identified conventional gas targets. Interestingly, the geology of the block includes two plunging noses, with the coals in the target area at depths within the CSG sweet spot, that is between 300 metres and 650 metres. It is planned to explore and develop Rolleston-West in conjunction with neighbouring Reid s Dome, as a single integrated project.