|Bid||0.4650 x 1126100|
|Ask||0.5000 x 873000|
|Day's range||0.4700 - 0.4700|
|52-week range||0.3850 - 1.1900|
|Beta (5Y monthly)||0.06|
|PE ratio (TTM)||N/A|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
State Gas Limited (ASX:GAS); Production Log Testing (PLT) at Nyanda-4 has confirmed that in addition to gas production from coal seams between 400m and 1000m, gas is being successfully produced at Reid's Dome at depths below 1150m.
State Gas Limited (ASX:GAS) is pleased to announce that the Rougemont-2 test results have confirmed a new Bandanna coal seam gas (CSG) play. The Rougemont-2 well was drilled, logged and tested and has been suspended pending production testing.
State Gas Limited (ASX:GAS) is pleased to announce that its second Rolleston-West well, Rougemont-2, has intersected gas-bearing Bandanna coal measures very similar to the coals identified during drilling last month at its Rougemont-1 well in Central Queensland.