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STATE GAS LIMITED(GAS)

Listed on ASX

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(updated at weekends)

Former (or subsequent) names

 

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Our website ranking of GAS: rating 1
(1 out of 5)
COMPANY WEBSITE:

 

REGISTRY:

Link Market Services,Level 21, 10 Eagle Street Brisbane QLD 4000

Tel : +61 7 3320 2200 or 1300 554 474
Fax : +61 2 9287 0303
RegistryWebsite RegistryEmail

Company details

ISIN: AU000000GAS2
Address: Level 8, 46 Edward Street, BRISBANE, QLD, AUSTRALIA, 4000
Tel:  0439 310 818 Fax: 

Date first listed: 10/10/2017
Company Secretary: Suzanne Yeates
Sector: Energy Industry Group: 
Activities: Conventional gas exploration

News & Events

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OFX Transferring Money Internationally to Free

The suspension of trading in the securities of State Gas Limited will be lifted immediately, following the release by GAS of an announcement regarding drilling and logging results of the Nyanda-4 coal seam gas and conventional gas well.

05/12/2018

Drilling, coring, logging and testing of the Nyanda-4 coal seam gas and conventional gas well at PL 231 in Central Queensland has been successfully completed. Nyanda-4 was extended by 200m to 1,200m TD and has been suspended for future re-entry and further testing. Quick-look petrophysics indicates 38m of net coal and 25m of carbonaceous shales and thinner coal seams (i.e. <0.3m) amounting to 60m+ of coals and carbonaceous shales intersected in Nyanda-4. Well correlations indicate the lateral persistence of the Reid's Dome coal-bearing intervals across the entire PL 231 permit area. Gas data obtained during drilling provided good gas shows from approximately 392m, and an overall increase in gas content with depth, with the data indicating that the well was still in gas shows at TD. Drill Stem Tests established permeability and the presence of approximately 100psi over-pressure within the Reid's Dome Beds in Nyanda-4. A 150m cored zone sampled 12 seams of good quality bright coal showing good development of cleats and minor fractures in numerous places. Gas was observed bubbling from the coals and 9 samples were taken for desorption testing. The cored zone also intersected 7 zones where light oil was observed bleeding from fine-grained sandstones with gas hissing from sandstones. PL 231 encompasses Reid's Dome - a classic north-south dome structure extending over 22km with several faults, situated on the crest of the Sericold Anticline in the southwest Bowen Basin.

05/12/2018

The securities of State Gas Limited will be suspended from quotation immediately under Listing Rule 17.2, at the request of GAS, pending the release of an announcement regarding drilling and logging results of the Nyanda-4 coal seam gas and conventional gas well.

04/12/2018

listed entity carried for record purposes only

10/10/2017

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    Directors' on-market share transactions (last 5)

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    Purchases Sales

    DATEDIRECTORNUMBERPRICEAMOUNT
    01/10/2020Ian Paton-100,000$0.654$65,362
    04/10/2019Richard Cottee13,000$0.758$9,855

    Click here for the last 20 transactions all companies

    Directors & Executives (current)

    NAMETITLEDATE OF APPT
    Richard CotteeExecutive Chairman03/06/2019
    Lucy SnellingCEO22/02/2018
    James CrowleyCOO24/04/2018
    Suzanne YeatesCFO10/10/2017
    Tony BellasNon Exec Director10/10/2017
    Greg BayntonExecutive Director10/10/2017
    Robert TownerDirector10/10/2017
    Ian PatonDirector10/10/2017

    Date of first appointment, title may have changed.

    Directors & Executives (former)

    NAMETITLEDATE OF APPOINTMENTDATE OF RESIGNATION

    Date of first appointment, title may have changed.