Rougemont-3 Enters Coal Seam with Strong Gas Shows

Source: 9/26/2022, Location: Not categorized

State Gas Limited advises that its Rougemont-3 horizontal well entered the target coal seam overnight and is currently making good progress through the seam towards its intersect point with Rougemont-2.

Strong gas shows, (maximum 13.8%, average 11%-12%) at 99% methane are being observed from the coal seam traversed.

As indicated in recent announcements1, State Gas is currently drilling the Rougemont-3 horizontal well to confirm the potential of the Rougemont area within its Rolleston-West Project (ATP 2062).

The well will be drilled laterally through the coals of the Bandanna Formation to meet the vertical Rougemont-2 well. Once completed, the wells will be placed on production as a combined vertical - horizontal pair.

The well reached target vertical depth on 20 September, following which the top hole was cased and cemented to prepare for drilling of the lateral. The target coal was entered as planned and drilling proceeds under close monitoring to optimise well length within the seam.

State Gas will provide further updates as drilling progresses.

This announcement was approved for release by Mr Richard Cottee, Executive Chairman.

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