• Access dispute with landowner at Rolleston West Project resolved
• Company to resume activities, complete two new exploration wells and commence flow testing
• Mobilizing field teams to site

State Gas Limited (ASX: GAS) has provided an update on the access dispute with the landowner at the Rolleston West Project. On 4 June 2025, State Gas and the landowner entered into an agreement allowing the company to immediately resume activities on the landowner's property. With site access restored, both parties will continue to resolve the underlying dispute, including through Land Court proceedings. The company is now mobilizing field teams to complete the two new exploration wells and commence flow testing by the end of the month. State Gas is focused on evaluating the viability of conventional and coal seam gas (CSG) production from the Bandanna Formation coals at the Rolleston West Project. The recent drilling program has intersected approximately 8 metres of net coal, with the thickest seams laterally continuous over many kilometres. The gas content of the coals is between 5 and 6 m3/tonne dry ash free, and the gas is at or near pipeline quality, between 93.8% and 96% methane. Production testing has established sustainable commercial gas flow rates and confirmed excellent permeability within the targeted coal seams. State Gas is seeking to expand the project and move to early-stage production.

State Gas is focused on accelerating the commercialization of its assets through the application of an innovative virtual pipeline solution, which will see the company transport compressed gas by truck to existing pipeline infrastructure or to an end user.