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.

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State Gas Ltd

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Post by winafewon Jan 25, 2011 9:29pm

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Post# 18026269

Gas Price

I expect another healthy drawdown in inventory to be reported in the States this Thursday due to the cold snap they had last week around the great lakes and eastern seaboard

https://ir.eia.gov/ngs/ngs.html

Does anyone know if an uptick in the base US natural gas price (usually taken at Henry Hub) will affect the price of this ETF? I know this ETF is based on the natural gas futures prices of the NGX which is the Alberta price of gas

https://www.ngx.com/

The weather in Alberta this week has been the warmest it's been all winter. I expect the inventory drawdown of Alberta gas will be relatively low. Will the gas price in Alberta drop even if the US price increases?

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