Queensland Gas Company
Stock Code
QGC
Stock Exchange
Australian Securities Exchange
Queensland Gas Company (QGC) is a leading coal seam gas producer. QGC is actively involved in the exploration, production and supply of onshore gas for domestic use, development of gas-fired power stations and development of LNG for export. QGC listed on the ASX on 28 August, 2000. The company is searching and developing coal seam resources of the Surat basin in South Queensland where it owns majority equity interests in around 7,200 square kilometers of permits. The reserves in the Surat Basin are estimated to provide approximately 20 per cent of the Queensland domestic gas market in 2009.
Origin Energy (ORG) has a share price target of $17.01 from Australian stockmarket analyst Macquarie Research Equities.
Origin Energy (ORG) declines revised BG offer, bring it on
Two LNG projects both want ORG gas:
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