State Gas Starts Two Well Exploration Program at Rolleston West Project in Queensland

MT Newswires Live

03-12

State Gas (ASX:GAS) kickstarted its two well exploration program for the Rolleston West project located within ATP 2062 in Queensland, according to a Wednesday filing with the Australian bourse.

The wells that will be drilled are located close to Rougemont 2/3 in an area that has "proven gas content and good permeability," per the filing.

If successful, the company plans to seek accreditation for a maiden 2P reserve of 30 to 50 petajoules for the Rolleston West project, the filing stated.

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