Xstate Resources raises $500K for Sacramento Basin work

AUSTRALIAN-listed junior oil and gas producer Xstate Resources has raised A$562,000 through sophisticated investors to fund a workover at its Sacramento Basin gas project in the US.

09 July 2020
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Xstate, which is listed on the ASX, owns working interests in minor onshore gas projects, known as the Borba and Alvares projects in the Sacramento Basin - one of the more prolific basins in

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