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State Gas Ltd T.GAS


Primary Symbol: STGSF

Energy Oil & Gas E&P
State Gas Limited is an Australia-based gas exploration and development company focused on the Bowen Basin in Central Queensland. The Company 100% owns and operates the contiguous Reid’s Dome Gas (PL-231) and Rolleston-West (ATP 2062) Gas Projects, both of which contain both coal seam gas (CSG) and conventional gas. Reid’s Dome Gas (PL-231) and Rolleston-West (ATP 2062) Gas Projects, together cover approximately 1,595 square kilometers (km2), and are located south of Rolleston, approximately 50 and 30 kms respectively from the Queensland Gas Pipeline and interconnected east coast gas network. It also holds a 35% interest in ATP 2068 and ATP 2069 in a joint venture with Santos QNT Pty Ltd (65%). It is also participating in a carbon capture and sequestration initiative with minerals explorer Rockminsolutions Pty Ltd in respect of EPM 27596 which is located on the western border of ATP 2062. It has also developed a CSG to High Density Natural Gas plant (the HDNG Facility) in Australia.


OTCPK:STGSF - Post by User

State Gas Ltd
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Post by syncrudeon Feb 21, 2006 9:44am
293 Views
Post# 10393773

Cecil appears to be in the money???

Cecil appears to be in the money???Jan31: We have drilled and cased a well at Gage (pay 70% for 85%) and are running casing at Cecil (50%). Dec1: Cecil Proper:The Company had acquired mineral rights in the north end of the pool which had some title issues tied to it. These issues have been amicably resolved, and our Company has a clear 70% interest in the section. We are now participating in unitization negotiations with the other pool owners. I'm looking at BlueMtn's AR page10, where 5-85-8W6 (west of Jack) and it's hitting the northern Montney oilpool that Clear rants & raves about... I dont remember hearing any talk about Cecil oil??? yet CEN was in the middle of talks about Unitization. Let's hope this latest "GAGE" well 85% working interest is OIL gets tied-in pronto?
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Dealroom for high-potential pre-IPO opportunities
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