State Gas Ltd. (AU:GAS) has released an update.
State Gas Limited has launched a non-renounceable entitlement offer for its shareholders to purchase additional shares, with the offer closing on 22 August 2024. The company aims to expedite the commercialization of its gas projects using innovative solutions, including a ‘virtual pipeline’ for gas transport. With assets in Queensland’s Bowen Basin and an interest in carbon capture initiatives, State Gas is positioning itself for growth in both gas production and environmental sustainability.
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