State Gas Limited (ASX:GAS) (OTCMKTS:STGSF) is pleased to advise that production testing gas from the Rougemont2/3 lateral well is flowing at a rate that is approaching being unquestionably economic.
State Gas Limited (ASX:GAS) (OTCMKTS:STGSF) is pleased to advise further encouraging results from production testing of the Rougemont 2/3 vertical and lateral well combination ( Rougemont ).
State Gas Limited (ASX:GAS) (OTCMKTS:STGSF) is pleased to advise further encouraging results from continued production testing of the combined Rougemont-2 vertical well and Rougemont-3 lateral wells.
After several months of careful draw-down to reduce water levels in the combined Rougemont-2 vertical well and Rougemont-3 lateral wells, State Gas Limited (ASX:GAS) (OTCMKTS:STGSF) is pleased to advise that the pilot is beginning to show early signs of the coals unloading their gas.
The December 2022 Quarter (Quarter) and the subsequent month of January 2023 have been eventful for both the energy sector and State Gas Limited (ASX:GAS) (OTCMKTS:STGSF).