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Xstate Resources Limited ( (AU:XST) ) just unveiled an update.
Xstate Resources Limited has signed a drilling contract with Easternwell Group Operations to drill the Diona-1 well in the Surat-Bowen Basin, Queensland. The drilling is set to commence in late September 2025, with the potential for rapid market entry if successful, due to the proximity of the Waggamba pipeline.
More about Xstate Resources Limited
Xstate Resources Limited is an ASX-listed company focused on the oil and gas sector, primarily involved in the Diona project located in Queensland, Australia. The company owns a 51% stake in ATP 2077, with additional exploration assets in the Sacramento Basin, California.
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$2.89M
See more insights into XST stock on TipRanks’ Stock Analysis page.