State Gas Ltd. · ASX:GAS
State Gas — Shareholder Meeting (November 2025)
11 slides from State Gas's shareholder meeting presentation, Nov 20, 2025
Slide 1: 2025 Annual General Meeting – Company Update
rsonal use only 2025 Annual General Meeting – Company Update 20 November 2025 ASX:GAS
Slide 2: Disclaimer – Contingent Resource Estimates
Disclaimer Information about Contingent Resource Estimates This presentation (Presentation) has been prepared by State Gas Limited (ACN 617 322 488) (State The Contingent Resource estimates for the Reid’s Dome and Rougemont Gas Projects (State Gas 100%) Gas). The Presentation and information contain
Slide 3: Disclaimer – Reserve Estimate and Competent Persons Statement
Disclaimer Additional information about Reserve Estimate Competent Persons Statement - Reserves rsonal use only The 2P (Proved plus Probable) Gas Reserves for the Rolleston West Project (State Gas 100%) have been The information in this announcement that relates to Gas Reserves for the Rolleston Wes
Slide 4: Substantial natural gas assets in the right place
1. Substantial natural gas assets in the right place • 2630 km2 of combined acreage • Maiden 30PJ^ 2P Reserve for Rolleston West Project rsonal use only • 3P expansion zone with a further 14PJ^ of high potential • 505PJ^ of 2C resource, targeting the highly prospective Bandanna coal sequence • All a
Slide 5: Proven reserves + substantial expansion potential
2. Proven reserves + substantial expansion potential Rolleston West – Maiden 2P Reserve • Maiden 2P gas reserve of 30.2 PJ^ independently certified for the Rolleston West Project rsonal use only Gross Reserves (PJ’s Net to State Gas) Year last Asset Acreage amended (km2) 1P 2P 3P • Establishes a com
Slide 6: Rolleston West project status
3. Rolleston West Project status • 1 dual lateral well system (Rougemont 3) rsonal use only • 4 vertical wells (Rougemont 1, 2, 5 and 6) • Buried gathering system – Approximately 4km • HDNG compression facility to support production testing and evaluate new technology • Targeting 8 metres of net coa
Slide 7: Development parameters
4. Rolleston West Project development parameters • 10TJ/day – 10 year life pipeline supported gas project, with rsonal use only no domestic restrictions • Multiple viable infrastructure connection points in the near- by area • There are a range of pre-development activities required to move the proj
Slide 8: Substantial alternative fuels opportunity
5. Substantial alternative fuels opportunity • HDNG Facility - 1.5TJ/day of compressed natural gas • The HDNG Facility is modular and can be efficiently expanded and rsonal use only relocated to support gas testing and processing opportunities in new locations • This technology has a range of benefi
Slide 9: Opportunity for integrated gas precinct
6. Opportunity for integrated gas precinct • Substantial synergies between PL231 rsonal use only and Rolleston West • High quality conventional gas within PL231 can be commercialised using our now proven HDNG technology • A range of connection/integration strategies which can accelerate production o
Slide 10: Project Development Plan
7. Project Development Plan Rolleston West – Pipeline Supported Gas Project rsonal use only Evaluate financing alternatives • Identification of project Concept and partners Final Financial close Environmental • Infrastructure funding studies process Studies solutions • Optimise and refine • Letting
Slide 11: Questions and comments
rsonal use only Questions and comments 11