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State Gas Ltd T.GAS


Primary Symbol: STGSF

Energy Oil & Gas Equipment & Services
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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Comment by Thunderhead1on Jul 13, 2010 2:28pm
796 Views
Post# 17266005

RE: RE: RE: Short GAS

RE: RE: RE: Short GASCan you explain this? It seems like this ETF gets killed relative to the UNG and HNU ETFs.


One difference is that GAS is based on price of Alberta nat gas (NGX), the other two are based on US nat gas prices. About a week ago I heard that because of storage issues (over-supply?), Alberta prices have been hit harder than in the US.


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