STATE GAS LIMITED - ASX Briefs

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STATE GAS LIMITED (ASX: GAS)

GAS: Rougemont Production Testing Update

STATE GAS LIMITED

Rougemont production test shows stable economic gas flow rate with excellent permeability in target coal seams.
Temporary closure planned for pressure build-up testing to better understand reservoir dynamics.
Results provide foundation for establishing substantial gas reserve and accelerating regional gas project development.

2023-04-18 08:36:00

GAS: Rougemont hits 457,000 scf/day and CNG Project Update

STATE GAS LIMITED

Daily gas production from Rougemont 2/3 testing well exceeds 457,000 scf/day
Delays in compressor delivery for CNG Project provide time to study alternative site locations
Top coals of Bandanna coal measures at Rougemont expected to be exposed by end of March, with improved gas production expected

2023-03-20 10:14:00

GAS: Gas flow-rates at 358k scft/day triggers a strategy review

STATE GAS LIMITED

Production testing at Rougemont well shows excellent gas production
State Gas pursuing certification of reserves for pipeline construction
Possible relocation of CNG project compression assets from Reid's Dome to Rougemont

2023-03-14 10:00:00

GAS: Rougemont Production Testing Continued Strong Gas Production

STATE GAS LIMITED

State Gas Limited has seen encouraging results from the production testing of the Rougemont 2/3 vertical and lateral well combination.
Daily gas production at Rougemont is now exceeding 250,000 cubic feet per day and continuing to accelerate.
The company is evaluating options to establish a substantial gas reserve in the area.

2023-03-07 10:15:00

GAS: Rougemont Production Testing Update and Grant of ATP 2069

STATE GAS LIMITED

Rougemont well is producing over 100,000 cubic feet of gas per day during production testing.
Gas and water continues to surge from the Rougemont well despite being submerged 120 metres below the current water level.
State Gas in Joint Venture with Santos Limited was granted ATP 2069 in the Bowen Basin adjacent to Arcadia Valley gas field.

2023-02-23 09:28:00

GAS: Rougemont Production Testing Update Coals Begin Unloading

STATE GAS LIMITED

Rougemont-2/3 has reached early gas production of 50,000 cubic feet per day.
Desorption pressure has been reached, with the well surging gas and water.
Strong results are anticipated when coal seams are exposed as water level is currently 170m above them.

2023-02-16 09:42:00