Supplying East Coast Australia’s energy needs, sustainably and responsibly
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An opportunity to invest in the supply side of the east coast gas market
The Company
State Gas Limited, is a Queensland-based gas exploration and development company focussing on the Bowen Basin in Central Queensland. State Gas is 100%-owner of the contiguous Reid’s Dome (PL-231) and Rolleston-West (ATP 2062) Gas Projects, both of which contain both CSG and conventional gas. The Projects, together some 1,595km2, are located south of Rolleston, approximately 50 and 30 kilometres respectively from the Queensland Gas Pipeline and interconnected east coast gas network. Neither project is restricted by domestic gas reservation requirements. State Gas intends to accelerate commercialisation of the conventional gas assets in Reid’s Dome through the implementation of an innovative virtual pipeline solution which will see the Company transport gas by truck to a closely located inlet point on existing pipeline infrastructure
State Gas shares trade on the Australian Securities Exchange (stock code: GAS).
As State Gas unlocks the value of the gas endowment at Reid’s Dome and Rolleston-West, the Company offers an exciting opportunity to take advantage of the favourable east coast gas market dynamics.
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