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ASX falls; RBA holds rates, tapering; Afterpay jumps Save Share Richard Henderson The S&P/ASX 200 eased 0.2 per cent lower on Tuesday despite a roaring day for tech stocks as Afterpay soared following a jump for shares in Square, its US suitor. The benchmark’s decline brought the index to 7474.5 points, down from the record high achieved on Monday, as energy stocks edged 1.4 per cent lower, followed by a 0.9 decline for the materials sector. Tech shares added 4.4 per cent and were up 11.2 per cent over the past two days, the best two-session run since March 26 last year, during the sharp ra...

State Gas Limited (ASX:GAS) Success at Second Rougemont Gas Well    Success at Second Rougemont Gas WellBrisbane, June 7, 2021 AEST (ABN Newswire) - State Gas Limited ( ASX:GAS) is pleased to announce that its second Rolleston-West well, Rougemont-2, has intersected gas-bearing Bandanna coal measures very similar to the coals identified during drilling last month at its Rougemont-1 well in Central Queensland. 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) ...

State Gas Limited (ASX:GAS) Early Success at First Rougemont Gas Well    Early Success at First Rougemont Gas WellBrisbane, May 24, 2021 AEST (ABN Newswire) - State Gas Limited ( ASX:GAS) is pleased to announce that its first well in its new Rolleston-West Gas Project (ATP 2062) in Central Queensland has confirmed the existence of gas-bearing coal seams in the Bandanna coal measures within the Project area. This strengthens the Company's view that these coals will be developed synergistically with the Reid's Dome gas discoveries. The Rougemont-1 well, spudded on 14 May, reached total ta...

Comet Ridge encounters gas pay at Mahalo 3 well in Australia Share 22 July 2012 Comet Ridge has reported positive test results from its Maholo 3 well in the Bowen Basin of Queensland, Australia. Mahalo 3 intersected about eight metres of net coal, with seven metres of this coal in the main Castor-Pollux seam after reaching a total depth of 300m. Analysis of flow testing in the well, conducted over this main seam, has shown the Castor-Pollux to have sufficient permeability to enable the well to be utilised for pilot production. Flow testing has revealed the Castor-Pollux to have enough permea...

Comet Ridge gets gas block in Queensland Australian gas explorer Comet Ridge has been awarded a gas block by the Queensland government, it said on May 10. This block was one of two blocks where the company was selected as the preferred tenderer in September 2020. The tender block PLR2020-1-2 has now been officially awarded to Comet Ridge as ATP 2063 and will be called Mahalo Far East. “Comet Ridge Limited is pleased to announce that following the company’s selection by the Queensland government as preferred tenderer for two additional gas blocks in September 2020, the second and largest ...