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Xstate Resources Limited ( (AU:XST) ) just unveiled an announcement.
Xstate Resources Limited announced the successful completion of its General Meeting, with all resolutions passed by a poll. The company also completed the transaction to dispose of its Californian Project, marking a significant step in its strategic realignment. This development is expected to impact the company’s operational focus and may influence its market positioning in the oil and gas industry.
More about Xstate Resources Limited
Xstate Resources Limited is an ASX-listed company operating in the oil and gas sector. The company is primarily focused on its Diona project in Queensland, Australia, where it holds a 51% stake in ATP 2077. Elixir Energy Limited retains full beneficial ownership of Blocks A and B within the project area. Xstate Resources commenced drilling its first well, Diona-1, in September 2025.
Average Trading Volume: 5,071,364
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$6.07M
For detailed information about XST stock, go to TipRanks’ Stock Analysis page.