State Gas hits gas at Rougemont-2 in Queensland
Sydney-listed State Gas on June 7 said its second well in the Rolleston-West project in Queensland, Rougemont-2, had intersected gas-bearing coal measures.
The coals are very similar to the ones identified during drilling last month at its Rougemont-1. “The strong correlation of the results of Rougemont-1 and 2 validate the company's hypothesis that the extensive Bandanna formation within the Rolleston-West gas project (ATP 2062) hosts significant volumes of gas,” it said. The Rougemont-2 well, approximately 2.7km northwest of Rougemont-1, reached a total target depth of 540 m.
The Rolleston-West project is contiguous with the company's Reid's Dome gas project and is located 30 km from major pipeline infrastructure interconnected with the east coast gas transmission network and the export LNG facilities at Gladstone.
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