GAS state gas limited
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Results from State Gas (GAS) Rougemont-2 well testing have given...

  1. TheMarketOnline
    7,927 Posts.
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    09/06/21
    15:12
    Post #: 53744368
    • Results from State Gas (GAS) Rougemont-2 well testing have given way to a potential coal seam gas play within its Rolleston-West Project in Queensland
    • Testing intersected gas-bearing Bandanna coal measures indicating a strong correlation with measures identified by coal exploration and conventional wells
    • Drill-stem tests for Rougemont-2 are said to show "excellent permeability", with State Gas' Executive Chairman estimating a "high likelihood of a project"
    • Planning for production testing of the Rougemont wells is underway ahead of determining production metrics for both gas and water

    Read the Full Article on The Market Herald here
    GAS Price at posting: 53.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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