State Gas Limited (ASX:GAS) Nyanda-8 Evaluation
Nyanda-8 EvaluationBrisbane, Jan 6, 2021 AEST (ABN Newswire) - State Gas Limited (
ASX:GAS) is pleased to advise the initial results of the second well in its Phase 2 drilling campaign, Nyanda-8, at its 100%-owned Reid s Dome Gas Project (PL 231) in the Bowen Basin in Central Queensland.
Nyanda-8 is approximately 2.2 km south-west of the successful Nyanda-4 well, and together with Nyanda-7 (approximately 2.6km north of Nyanda-4 - see Figure 1 ), was drilled as a coal seam gas (CSG) well as part of the Company s program to appraise the Nyanda Focus Area1 within PL231 for early development.
Nyanda-8 reached the targeted Total Depth of 1200m on 3 January 2021, following spud on 29 December 2020. Wireline logs indicate the well has intersected 19.7m net coal with open fractures apparent on the image log, exhibiting good potential for CSG production.
State Gas Limited (ASX:GAS) is pleased to advise that further evaluation of the Nyanda 7 coal seam gas well logs indicates 38.2 m net coal using parameters determined from Nyanda 4 core and desorption data.
State Gas Limited (ASX:GAS) Drilling Rig mobilisation to Reids Dome Gas Project
Drilling Rig mobilisation to Reids Dome Gas ProjectBrisbane, Dec 22, 2020 AEST (ABN Newswire) - State Gas Limited (
ASX:GAS) advises that on 19th December Target Depth of 1212m was reached at Nyanda 7. The drilling showed net coal of over 30 metres with very encouraging gas readings on drilling. Nyanda 7 is presently being under-reamed after logging. The well will be cased to total depth and the casing cemented to surface. After which the rig will move to Nyanda 8. This should occur by the end of this week. The arrival of the Completion/Workover Rig is anticipated later this week which should allow pumps to be installed at both Nyanda 7 and 8 after the Christmas break with production testing to commence in the early new year.
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