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Investegate |Tlou Energy Ltd Announcements | Tlou Energy Ltd: Final Results investegate.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investegate.co.uk Daily Mail and Mail on Sunday newspapers.
ASX falls; RBA holds rates, tapering; Afterpay jumps Save Share Richard Henderson The S&P/ASX 200 eased 0.2 per cent lower on Tuesday despite a roaring day for tech stocks as Afterpay soared following a jump for shares in Square, its US suitor. The benchmark’s decline brought the index to 7474.5 points, down from the record high achieved on Monday, as energy stocks edged 1.4 per cent lower, followed by a 0.9 decline for the materials sector. Tech shares added 4.4 per cent and were up 11.2 per cent over the past two days, the best two-session run since March 26 last year, during the sharp rally from the COVID-19 lows as central banks and governments around the world doused financial markets and their economies with stimulus. ....
'Utter contempt': NSW government declines to front zombie permits hearing theage.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theage.com.au Daily Mail and Mail on Sunday newspapers.
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. ....