State Gas Ltd. · ASX:GAS

State Gas — Macquarie Investment Forum 2020

8 slides from State Gas's conference presentation, Nov 6, 2020

  1. Slide 1: Macquarie Investment Forum November 2020

    For personal use only Macquarie Investment Forum November 2020 ASX:GAS

  2. Slide 2: Disclaimer

    For personal use only Disclaimer Disclaimer Future Performance This presentation (Presentation) has been prepared by State Gas Limited (ACN 617 322 This Presentation contains certain “forward looking statements”. Forward-looking 488) (State Gas). The Presentation and information contained in it is b

  3. Slide 3: Project Areas

    For personal use only Project Areas • Reid’s Dome & Rolleston West; • 1593 km2 of combined acreage* • PL 231 – 180 km2 • ATP 2062 – 1413 km2 • Highly prospective Bowen Basin sequence • Multiple conventional and unconventional targets • Less than 50 km from Queensland Gas Pipeline network • Single ow

  4. Slide 4: PL-231 Update

    For personal use only PL-231 Update • State Gas drilled 4 wells to date - 100% successful – Primero West-1: Staircase Sandstone conventional gas. – Nyanda-4: Reid’s Dome Beds CSG. Gas flowing close to 500 mscfd – Aldinga East-1A: intra-Cattle Creek new conventional gas – Serocold-1: Reid’s Dome Beds

  5. Slide 5: ATP-2062

    For personal use only ATP-2062 • Early – Late Permian sequence: – Bandanna Formation (CSG, cf Arcadia Valley, Mahalo) – Rewan Formation (conventional gas, cf Yellowbank) – Aldebaran Sandstone (conventional gas, cf Merivale, Rolleston, Yandina, Yellowbank) – Cattle Creek Formation (conventional gas,

  6. Slide 6: A Gas Reservation Policy?

    For personal use only A Gas Reservation Policy? Likely impacts of The Problem Objectives reservation There must be Volatility in gas Increased supply Raise barriers to a better way ! prices entry Increased Insufficient gas competition in Concentrate supply Cattle Creek Formation: available for long

  7. Slide 7: Questions?

    For personal use only ASX:GAS Questions?

  8. Slide 8: Contact

    For personal use only Contact Level 8 46 Edward Street Brisbane QLD 4000 Australia Email info@stategas.com stategas.com

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