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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. ....

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