The September 2022 Quarter (Quarter) and the subsequent month of October have been eventful for both the energy sector and State Gas Limited (ASX:GAS) (OTCMKTS:STGSF).
State Gas Limited (ASX:GAS) (OTCMKTS:STGSF) is pleased to advise that it has attracted strategic investment from leading energy sector experts and undertaken an associated equity raising to help accelerate production from its east coast gas projects.
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.