State Gas Limited (ASX:GAS) Spud of First Well in Production Well Campaign
Spud of First Well in Production Well CampaignBrisbane, Dec 15, 2020 AEST (ABN Newswire) - State Gas Limited (
ASX:GAS) is pleased to advise that the Nyanda-7 well, the first well in its Phase 2 exploration and appraisal program for the Reid s Dome Gas Project (PL 231), spudded at 9 am this morning, 15 December 2020.
The Nyanda-7 well is part of State Gas 100% owned Reid s Dome Gas Project on PL231, located in the Bowen Basin in Central Queensland. State Gas Phase 2 exploration and appraisal program is being undertaken to implement the Company s strategic plan to bring gas to market to meet near term forecast shortfalls in the east coast market. Focused on the area around the highly successful Nyanda-4 well, the program has been designed to provide additional data to secure a significant certified reserves booking and enable field development planning and infrastructure design for commercialisat