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Xstate Advances Diona-1 Drilling, Confirms 51% Stake in ATP 2077

12:01pm on Thursday 2nd of October, 2025 AEST Energy
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Xstate Advances Diona-1 Drilling, Confirms 51% Stake in ATP 2077

12:01pm on Thursday 2nd of October, 2025 AEST
Key Points
  • Xstate’s 51% ownership of ATP 2077 officially registered
  • Diona-1 well drilling reached 1,130 metres and progressing on schedule
  • Showgrounds formation expected to be intersected by early October
  • Targets three proven hydrocarbon reservoirs between 2,300m and 2,600m
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