Xstate Resources Limited
ASX:XST ISIN:AU000000XST7
Xstate Resources Limited (ASX:XST) is an Australian-based company, which is engaged in oil and natural gas exploration in the United States. The Company operates through oil and gas exploration and evaluation segment. The Company has working interest (WI) in Alvares Prospect, Dempsey Prospect, California AMI Prospects, Rancho-Capay Gas Field and Los Medanos Gas Field, all of which are located in Sacramento Basin onshore Northern California. In addition, the Company holds leases covering oil prospects in the Santa Maria basin. The Company also has an interest in King Brown gold tenement. The Dempsey Prospect's proposed drilling depth is approximately 3,200 meters. The Company's subsidiaries include Bombora Energy Pty Ltd and Calog LLC, which are engaged in oil and gas exploration.
News
ADX Energy Limited (ASX:ADX) is pleased to announce the completion of the Operators' revised mapping and volume calculations utilizing a new seismic interpretation integrating well results from the recent Sidi Dhaher well.
ADX Energy Limited (ASX:ADX) is pleased to announce that the chemical analyses, undertaken by Corelab in the UK, of the recovered well samples have confirmed the reservoir fluids to be a typical live crude oil and mud filtrate with minor amounts of water.
ADX Energy Limited (ASX:ADX) is pleased to announce that following suspension to secure Sidi Dhaher-1 well the Challenger drilling rig has been released from location without incident. All related equipment has been demobilized and the well and camp site have been cleared.
ADX Energy Limited (ASX:ADX) is pleased to announce that the Sidi Dhaher well has encountered an interpreted oil column of approximately 30 metres on the basis of pressure data as well as oil recovered together with mud filtrate from down hole sampling. To determine the potential commerciality of the discovery a well test will be required to confirm oil production at commercial rates.
ADX Energy Limited (ASX:ADX) reports that Sidi Dhaher-1 has now been logged without further technical problems from the casing shoe at 999 m to 1785 m.
ADX Energy Limited (ASX:ADX) reports that following the successful completion of running and cementing 13 3/8" casing at 999m, the well has been drilled to 1785m in a 12 1/4" hole.
ADX Energy Limited (ASX:ADX) is pleased to report that following the successful completion of running and cementing 13 3/8" casing at approximately 1000m the well is being drilled in a 12 1/4" hole.
ADX Energy Limited (ASX:ADX) is pleased to report that following the successful completion of running and cementing 13 3/8" casing the well is being drilled in 12 1/4" hole. Rig operations are drilling ahead at a depth of approximately 1,300 meters. To date the well has intersected two potential reservoir zones, which will be evaluated by wireline logging prior to setting casing at the 9 5/8" casing point.
ADX Energy Limited (ASX:ADX) has successfully drilled 16" hole to a total depth of 1,001 meters. Located competent formation for casing shoe and started to prepare for 13 3/8" casing operations.
ADX Energy Limited (ASX:ADX) (PINK:ADXRF) is pleased to announce that the Sidi Dhaher-1 well in the Chorbane licence, onshore Tunisia, spudded at 07:00 am GMT, Saturday 27 August 2011.
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