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State Gas Limited (ASX:GAS) Early Success at First Rougemont Gas Well - ABN Newswire (@ABN_Newswire)

State Gas Limited (ASX:GAS) Early Success at First Rougemont Gas Well    Early Success at First Rougemont Gas WellBrisbane, May 24, 2021 AEST (ABN Newswire) - State Gas Limited ( ASX:GAS) is pleased to announce that its first well in its new Rolleston-West Gas Project (ATP 2062) in Central Queensland has confirmed the existence of gas-bearing coal seams in the Bandanna coal measures within the Project area. This strengthens the Company s view that these coals will be developed synergistically with the Reid s Dome gas discoveries. The Rougemont-1 well, spudded on 14 May, reached total target depth of 800 metres at 12.00pm on 23 May 2021. Core samples have been taken from the well, with 100% recovery. The well geology has been logged, and further testing is currently underway.

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