State Gas Limited announced the appointment of Mr. Richard Cottee as Executive Chairman of the company. The appointment of Mr. Cottee is a further step in the Company's progress towards the development of the Reid's Dome Gas Project in the Bowen Basin in Central Queensland. The appointment follows the successful completion of the first dedicated coal seam gas well (Nyanda-4) at Reid's Dome in December 2018, which confirmed the presence of more than 40 metres of net coal from approximately 394 metres depth to its total depth of 1,200 metres, and an average gas content of more than 13 cubic metres per ton in coal seams tested. Mr. Cottee is internationally renowned for his energy experience, commercial strategy and acumen within the energy and utilities sector. As former Managing Director of the Queensland Gas Company (QGC) from 2002 to 2008, he took the company from an early stage explorer to a major non-conventional gas supplier building the market value from $20 million to $5.7 billion facilitating the sale of QGC to Britain's BG Group.