Xstate and Sacgasco hits gas at Borba 1-7

XSTATE Resources and Sacgasco has intersected a gas show at its Borba 1-7 well in its first reservoir objective in Sacramento, California, with its share price soaring 20%

Xstate and Sacgasco hits gas at Borba 1-7 Xstate and Sacgasco hits gas at Borba 1-7 Xstate and Sacgasco hits gas at Borba 1-7 Xstate and Sacgasco hits gas at Borba 1-7 Xstate and Sacgasco hits gas at Borba 1-7

The company spud the well late last month. Xstate has a 33.33% working interest in the well and operator Sacgasco Limited holds the rest.