On Wednesday State Gas told the market it had already received firm commitments, from institutionals including Trevor St Baker, for $9.5 million through an off-market placement.
QUEENSLAND exploration company State Gas is seeking to raise $11.5 million through a private placement and a share purchase plan to drill three new wells then production test them.
On Wednesday State Gas told the market it had already received firm commitments, from institutionals including Trevor St Baker, for $9.5 million through an off-market placement.