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State Gas Ltd. ( (AU:GAS) ) has issued an update.
State Gas Ltd. has provided an update on its gas projects, highlighting the contingent resource estimates for its Reid’s Dome and Rougemont Gas Projects, as well as its interests in ATP 2068 and ATP 2069. The company is focusing on addressing contingencies to confirm the commercial viability of these resources, which could potentially be reclassified as reserves. This development is crucial for State Gas’s strategic positioning in the energy market, as it seeks to capitalize on its gas exploration and production capabilities.
More about State Gas Ltd.
State Gas Ltd. is a company operating in the energy sector, focusing on the exploration and development of gas resources. The company is involved in projects such as Reid’s Dome and Rougemont Gas Projects, holding a 100% interest, and a 35% interest in ATP 2068 and ATP 2069, emphasizing unconventional petroleum reserves.
Average Trading Volume: 723,479
Technical Sentiment Signal: Sell
Current Market Cap: A$11.79M
Find detailed analytics on GAS stock on TipRanks’ Stock Analysis page.