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Why Xstate Resources Is Exiting Austria to Bet Big on Queensland’s Diona Project

12:21pm on Wednesday 4th of June, 2025 AEST Energy
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Why Xstate Resources Is Exiting Austria to Bet Big 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 GmbH
  • No cash payment; liabilities of EUR547,075 extinguished
  • Production decreases by 14 barrels of oil per day
  • Focus shifts entirely to the Diona project in Queensland
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