Raven out of Dempsey project 

XSTATE Resources has terminated the sale agreement with Raven Energy for a 10% interest in the Sacramento Basin’s Dempsey gas project, after Raven failed to meet the terms of the arrangement and couldn’t front the money despite an extension being granted in August. 

Raven out of Dempsey project  Raven out of Dempsey project  Raven out of Dempsey project  Raven out of Dempsey project  Raven out of Dempsey project 
Raven has been eyeing the Dempsey gas project for some time and first announced its intention to buy Xstate's interest in May when it entered into a binding letter of intent to acquire its