State Gas has a 60% operating stake in a conventional gas project in central east Queensland, where exploration and appraisal well drilling has produced gas from the targeted Cattle Creek formation and Reids Dome beds.
The company recently lodged a pipeline survey licence application with Queensland’s mines department to investigate suitable routes for a feeder pipeline to connect its project with the Queensland gas pipeline and the broader east coast gas market.
GAS Price at posting:
21.0¢ Sentiment: None Disclosure: Not Held
