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State Gas Limited (ASX:GAS) Success at Second Rougemont Gas Well
Success at Second Rougemont Gas WellBrisbane, June 7, 2021 AEST (ABN Newswire) - State Gas Limited ( ASX:GAS) is pleased to announce that its second Rolleston-West well, Rougemont-2, has intersected gas-bearing Bandanna coal measures very similar to the coals identified during drilling last month at its Rougemont-1 well in Central Queensland. The strong correlation of the results of Rougemont-1 and 2 validate the Company s hypothesis that the extensive Bandanna Formation within the Rolleston-West Gas Project (ATP 2062) hosts significant volumes of gas. The Rougemont-2 well, approximately 2.7km north west of Rougemont-1, was spudded on 29 May and reached total target depth of 540 metres at 8.00am on 5 June 2021. As at the Rougemont-1 well, core samples have been taken from the well, the well geology has been logged, and further testing is currently underway. ....
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. ....