AustraliaDaily Briefs

Daily Brief Australia: Origin Energy, State Gas Ltd and more

In today’s briefing:

  • Weekly Deals Digest (05 Nov) – Origin, Azure, Tietto, Eoflow, Hollysys, WuXi XDC, Midea, EcoPro Mat
  • State Gas Limited – Growth Starts with the First PJ and That’s Imminent


Weekly Deals Digest (05 Nov) – Origin, Azure, Tietto, Eoflow, Hollysys, WuXi XDC, Midea, EcoPro Mat

By Arun George


State Gas Limited – Growth Starts with the First PJ and That’s Imminent

By Research as a Service (RaaS)

  • State Gas Limited (ASX:GAS) is a junior energy producer and explorer with assets concentrated in the Bowen Basin, Queensland.
  • Having secured some $7mn in equity financing, the company is well progressed in the construction phase of the Rolleston West CNG Project (RW-CNG), with production set to commence in December.
  • First gas is always a critical event driver in demonstrating the commercial potential of the assets and providing a platform from which growth strategies can emanate.

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