SGC 0.00% 0.5¢ sacgasco limited

CHEAP GAS PLAY, page-24

  1. 5,319 Posts.
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    It's great news that SGC is getting into WA gas, exciting times ahead imo

    WA’s mining future hinges on new gas supplies

    "Western Australia requires 8 to 10 trillion cubic feet (TCF) of gas through to 2050. However, current supply projections only cover about 5 TCF, according to Rystad Energy."

    https://www.australianmanufacturing.com.au/was-mining-future-hinges-on-new-gas-supplies/

    From the SGC quarterly;

    "Additional medium-term value accretive opportunities in natural gas have been identified domestically that the Company is appraising as Western Australia sees a deficiency in affordable gas to consumers which has been the subject of addresses in the media by Western Australia’s Premier during the quarter"


    "Mr Marshall has over 20 years’ experience in various roles as a director, geologist, engineer and company builder including several listed junior resource companies.
    His diverse experience base includes technical and managerial roles with private equity, junior and major oil companies with extensive experience in deal flow in the Perth, Canning, Carnarvon and Cooper Basins in Australia"
 
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