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Why Is Xstate Resources Exiting Austria to Bet on Queensland’s Diona Project?
12:21pm on Wednesday 4th of June, 2025 AEST
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Energy
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Why Is Xstate Resources Exiting Austria to Bet on Queensland’s Diona Project?
12:21pm on Wednesday 4th of June, 2025 AEST
Key Points
Disposal of 20% working interest in Anshof project to Kathari Energia
No cash payment; liabilities of EUR547,075 extinguished
Production decreases by 14 barrels of oil per day
Strategic shift to focus on Diona project in Queensland
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XSTATE RESOURCES (ASX:XST)
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