State Gas Limited (ASX:GAS) (OTCMKTS:STGSF) is pleased to advise that it has attracted strategic investment from leading energy sector experts and undertaken an associated equity raising to help accelerate production from its east coast gas projects.
Following the $8 million capital raising completed in September 2021 for State Gas Limited (ASX:GAS), the last quarter of the 2021 calendar year has been all about following up the tantalizingly good outcomes from the Rougemont 2 core hole.
State Gas Limited (ASX:GAS) is pleased to give an update on its current production testing activities underway within its Central Queensland gas projects.