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State Gas Limited (ASX:GAS) (OTCMKTS:STGSF) is endeavouring to be as responsive as possible to energy market dynamics and so has formulated a strategic response to market signals.
The September 2022 Quarter (Quarter) and the subsequent month of October have been eventful for both the energy sector and State Gas Limited (ASX:GAS) (OTCMKTS:STGSF).
State Gas Limited (ASX:GAS) (OTCMKTS:STGSF) is pleased to advise that it has attracted strategic investment from leading energy sector experts and undertaken an associated equity raising to help accelerate production from its east coast gas projects.
Closing Bell: Investors scatter as US inflation fears and Chinese COVID-cases poised to run rampant
The energy entrepreneur has tipped $8 million into a Queensland junior gas explorer to cash in on the rapidly tightening east coast gas market.