State Gas Ltd. · ASX:GAS
State Gas — Shareholder Meeting (November 2018)
10 slides from State Gas's shareholder meeting presentation, Nov 21, 2018
Slide 1: Annual General Meeting Presentation
For personal use only Heading Subheading Annual General Meeting Presentation 21 November 2018
Slide 2: Disclaimer
For personal use only Disclaimer • This presentation (Presentation) has been prepared by State Gas Limited (ACN 617 322 488) (State Gas). The Presentation and information contained in it is being provided to shareholders and investors for information purposes only. Shareholders and investors should
Slide 3: PL 231
For personal use only PL 231 • Petroleum Lease, 30 years issued 15/12/2005 • ~50 km south west of Rolleston over the Reid’s Dome anticline • 181 km2 covering a classic north-south dome structure • Gas first discovered in 1955 • ~ 50 km from Queensland Gas Pipeline network • PSL issued for route to m
Slide 4: PL 231 Highlights
For personal use only PL 231 Highlights • 15 wells drilled 1955 – 2006. Gas flows from sandstone reservoirs PROVEN GAS in the Cattle Creek Formation and Reid's Dome Beds FLOWS • Flow test in December 2017 confirmed flows of pipeline quality gas • Cattle Creek Formation: 3-way dip closed structural t
Slide 5: PSL 2028 – route to infrastructure
For personal use only PSL 2028 – route to infrastructure • Pipeline Survey Licence 2028 in place • ~50 km to Queensland Gas Pipeline network connection options to the north-east and south-east 5 ASX code: GAS State Gas Ltd AGM 21 November 2018
Slide 6: PL 231 Drilling Program
For personal use only PL 231 Drilling Program • Civil works to upgrade/construct 32 km tracks, 2 well pads & camp site • Cultural Heritage survey and Environmental clearances obtained • Aztech Well Construction engaged to design wells, undertake tender process and implement drilling program. • 11 dr
Slide 7: Health & Safety
For personal use only Health & Safety • Legal responsibilities required: • PL‐231 Safety Management Plan • PL‐231 Emergency Response Plan • PL‐231 Joint Interaction Management Plan (JIMP) • PL‐231 Annual Safety Report (submitted 30th August 2018) • Appointment of PL‐231 “Operator” and Site Safety Ma
Slide 8: Primero West-1 Completed
For personal use only Primero West-1 Completed • Shallow Conventional Gas Target, Cattle Creek Fm • Objective: Test the south‐western extent of the Cattle Creek gas sand and satisfy the requirements of the Joint Operating Agreement • Gas encountered from 131.5m ‐ close to prognosis with better than
Slide 9: Nyanda-4 – Mob in progress
For personal use only Nyanda-4 – Mob in progress • Coal Seam Gas and Tight Gas Sands Target • Reid’s Dome Beds • Planned depth: 1,000m • Investigate gas potential of • tight gas sands; and • coal seams, within the Reid’s Dome Beds • Coals not evaluated before • Gas in AOE-1 in 1955 is possibly be pr
Slide 10: Contacts
LS1 For personal use only Contacts Contacts Lucy Snelling Greg Baynton At PL 231 CEO Executive Director State Gas Limited State Gas Limited m: 0439 608 241 m: 0414 970 566 lucy@stategas.com greg@stategas.com 10 ASX code: GAS State Gas Ltd AGM 21 November 2018