Xstate Resources Limited ( (AU:XST) ) has provided an update.
Xstate Resources Limited has announced the acquisition of a 51% interest in the Diona Sub-Block of ATP 2077, positioning itself as the sole operator of this prospective block in Queensland. The company will undertake an accelerated work program, aiming for completion by September 30, 2025, while Elixir retains a 49% interest. This strategic move allows Xstate to enhance its operational capabilities and market presence in the region.
More about Xstate Resources Limited
Technical Sentiment Signal: Strong Buy
Current Market Cap: €1.6M
See more data about XST stock on TipRanks’ Stock Analysis page.