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XSTATE RESOURCES LTD

ASX: XST

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Description

Xstate has adopted a sensibly contrarian strategy to unlock affordable, but highly prospective opportunities overlooked by industry participants. Currently this includes a 10% working interest in 7 producing gas wells and associated land leases and production and pipeline access equipment in the Sacramento Basin, California.

The wells produce natural gas from conventional sandstone reservoirs. The current total production from the 7 wells is approximately 740 mcf of gas per day.

Mine For

oil, gas

Location of operation(s)

California

Address

Suite 1, 45 Ord Street
WEST PERTH, WA, Australia

Phone

(61 8) 9226 0866

Email

Website


Last Updated

4/9/2014

 

The data on Australian Shares.com is intended as a guide only and is provided purely as an indication of what information can be found through official announcements. Data on this website should not be used to make an investment or trading decision. All information should be carefully cross-checked against official sources for accuracy. The publisher (Intaanetto Pty Ltd) will not be held liable for any loss arising from the use of this website.