XSTATE RESOURCES LTDhttp://www.xstate.com.au/
Xstate Resources (XST) is an ASX listed company focussed on the oil and gas sector.
Xstate has adopted a sensibly contrarian strategy to unlock affordable, but highly prospective opportunities overlooked by industry participants. Currently this includes conventional gas and oil exploration onshore California with a focus on the Sacramento Basin.
Attractive unconventional reservoirs are secondary objectives that will be evaluated by planned exploratory drilling.