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20 January 2021
| Name: | STATE GAS LIMITED (GAS) |
| ISIN: | AU000000GAS2 |
| Date of Listing: | 10 October 2017 |
Stock Exchange Status: (updated daily)
This entity is currently listed and quoted on the Australian Securities Exchange.Legal Status: (updated monthly)
ACN: 617 322 488ABN: 49 617 322 488
Registration Date: 10 February 2017
Capital Gains Tax (CGT) Status: (updated at least quarterly)
To crystallise a capital gain or capital loss on your securities in this entity, you are able to sell your securities on-market in the normal manner. If you determine that the market in your securities is illiquid and you still wish to crystallise a capital gain or loss, kindly contact deListed at admin@delisted.com.au for suggestions as to how you might proceed.
Updates, corrections, disagreements please email to admin@delisted.com.au
Further information: deListed and InvestoGain are operated by Investogain Pty Limited which is licensed by ASIC as an Australian Financial Services Licensee (AFSL 334036). deListed acquires only securities that it deems to be of little or no value, in circumstances where the holder is unable to sell their securities on-market in the normal manner. This service has been provided online via the company’s website www.delisted.com.au since 2004.
Getting advice: Information provided in this section is of a general nature and applicable only to Australian tax residents who hold their investments on capital account (ie for long-term investment purposes). It has been prepared without taking into account your financial needs or tax situation. Before acting on the information, deListed suggests that you consider whether it is appropriate for your circumstances and recommends that you seek independent legal, financial, or taxation advice.
Disclaimer: The information provided above is to the best of our knowledge accurate as of today. But you should bear in mind that it is of a general nature and does not constitute financial or tax advice. Investogain Pty Limited accepts no liability for any loss arising from reliance on this information, including reliance on information that is no longer current.
Link Market Services,Level 21, 10 Eagle Street Brisbane QLD 4000
Tel : +61 7 3320 2200 or 1300 554 474Expand this box to read and print
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 |
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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Purchases Sales
| DATE | DIRECTOR | NUMBER | PRICE | AMOUNT |
|---|---|---|---|---|
| 01/10/2020 | Ian Paton | -100,000 | $0.654 | $65,362 |
| 04/10/2019 | Richard Cottee | 13,000 | $0.758 | $9,855 |
| NAME | TITLE | DATE OF APPT |
|---|---|---|
| Richard Cottee | Executive Chairman | 03/06/2019 |
| Lucy Snelling | CEO | 22/02/2018 |
| James Crowley | COO | 24/04/2018 |
| Suzanne Yeates | CFO | 10/10/2017 |
| Tony Bellas | Non Exec Director | 10/10/2017 |
| Greg Baynton | Executive Director | 10/10/2017 |
| Robert Towner | Director | 10/10/2017 |
| Ian Paton | Director | 10/10/2017 |
Date of first appointment, title may have changed.
| NAME | TITLE | DATE OF APPOINTMENT | DATE OF RESIGNATION |
|---|
Date of first appointment, title may have changed.
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