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State Gas Unlocks $4.1M R&D Refund and Validates 30.2 PJ Gas Reserves
9:53am on Monday 13th of July, 2026 AEST
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Energy
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State Gas Unlocks $4.1M R&D Refund and Validates 30.2 PJ Gas Reserves
9:53am on Monday 13th of July, 2026 AEST
Key Points
ATO completes R&D tax concession review, releasing $4.1 million
Funds used to repay working capital loans and increase cash reserves
Rolleston West Project's 2P gas reserves independently certified at 30.2 PJ
Project supports a 10 TJ/day coal seam gas development targeting east coast markets
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