MARKETS

Xstate starts legal action

XSTATE Resources has flagged legal action against the Indonesian investors who had pledged to subscribe for $25 million by last Christmas, and have so far failed to stump up the cash.

Xstate starts legal action

  The company needs around 70% of the total funds to secure its "transformational" oil field entries in the Los Angeles Basin, but to date the funds have failed to land in its bank account and the opportunity...

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A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

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