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) (PINK:ADXRF) rig operations as at 0600 hrs Tunisian local time (GMT) on the 29th of August were at a measured depth of 2,691 m.
ADX Energy Limited (ASX:ADX) (PINK:ADXRF) rig operations as at 0600 hrs Tunisian local time on the 26th of August were drilling ahead at a measured depth of 2,511m. Since the last operations report earlier this week, the Abiod Formation limestones which are the primary target for the Lambouka well have been encountered. The Abiod intersection was associated with some losses of circulation fluids, an increase in background gas shows and an anomalously high resistivity on the Measurement While Drilling (MWD) electric logs.
ADX Energy Limited (ASX:ADX) (PINK:ADXRF) reports on Lambouka-1 Well operations update.
ADX Energy Ltd (ASX:ADX) (PINK:ADXRF) advises that the Lambouka-1 well has intersected the complete Ain Grab section encountering porous reservoir sandstone as prognosed. However the section is interpreted to be water bearing based on MWD (measurement while drilling) logs. The Ain Grab was considered a secondary target in the Lambouka-1 well.
ADX Energy Limited (ASX:ADX) (PINK:ADXRF) reports on Lambouka-1 Well operations update.
ADX Energy Limited (ASX:ADX) (PINK:ADXRF) advises that the Lambouka-1 has encountered the first Birsa sandstone formation at a measured depth of 1,635 meters.
ADX Energy Limited (ASX:ADX) (PINK:ADXRF) reports on Lambouka-1 Well operations update.
ADX Energy Limited (ASX:ADX) (PINK:ADXRF) reports on Lambouka-1 Well operations update.
ADX Energy Limited (ASX:ADX) (PINK:ADXRF) reports on Lambouka-1 Well operations Update.
ADX Energy Limited (ASX:ADX) (PINK:ADXRF) updates Lambouka-1 Well operations.
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