State Gas Limited (ASX:GAS) is pleased to advise the initial results of the second well in its Phase 2 drilling campaign, Nyanda-8, at its 100%-owned Reid's Dome Gas Project (PL 231) in the Bowen Basin in Central Queensland.

State Gas Limited (ASX:GAS) is pleased to advise that the next well in its current Reid's Dome Gas Project drilling campaign, Nyanda-8, has spudded.

State Gas Limited (ASX:GAS) is pleased to advise that further evaluation of the Nyanda 7 coal seam gas well logs indicates 38.2 m net coal using parameters determined from Nyanda 4 core and desorption data.

Vintage Energy Ltd (ASX:VEN) advises the following operational updates for the Cooper Basin ATP 2021 Vali gas field project, the Otway Basin PEP 155 Nangwarry-1 testing program and the Perth Basin Cervantes-1 oil prospect drilling program.

State Gas Limited (ASX:GAS) advises that on 19th December Target Depth of 1212m was reached at Nyanda 7. The drilling showed net coal of over 30 metres with very encouraging gas readings on drilling.

State Gas Limited (ASX:GAS) is pleased to advise that the Nyanda-7 well, the first well in its Phase 2 exploration and appraisal program for the Reid's Dome Gas Project (PL 231), spudded at 9 am this morning, 15 December 2020.

Vintage Energy Limited (ASX:VEN) is pleased to advise that the shortfall shares from its partially underwritten non-renounceable entitlement offer have now been placed. The shortfall from the Offer consisted of 53,238,266 shares at 6.0 cents per share, which will contribute ~$3.2 million.

Resolution Minerals Ltd (ASX:RML) is pleased to announce that it has signed a binding term sheet with Strategic Energy Resources Ltd (ASX:SER) (Vendors) as an Option to Purchase a 100% interest in EL32228 which covers approximately 663km2 in the NT on Benmara Station.

Vintage Energy Ltd (ASX:VEN as operator of the ATP 2021 joint venture (Vintage 50%, Metgasco Ltd (ASX:MEL) 25% and Bridgeport Pty Ltd 25%) is pleased to advise that ERC Equipoise Pte Ltd recently completed a rigorous and independent review of the Vali gas discovery and subsequent flow results, and certified 1P, 2P and 3P reserves.

BPH Energy Ltd (ASX:BPH) investee Advent Energy Ltd is pleased announce the appointment of Professor Peter Cook as an advisor on geosequestration (the geological storage of carbon dioxide) for its project in the Offshore Sydney Basin.