middle.news
Why Is Xstate Exiting California to Bet Big on Queensland’s Diona Gas?
8:41am on Monday 8th of December, 2025 AEDT
•
Oil and Gas
Read Story
Why Is Xstate Exiting California to Bet Big on Queensland’s Diona Gas?
8:41am on Monday 8th of December, 2025 AEDT
Key Points
Xstate disposes Californian projects via assignment to Australian Oil and Gas Co
Production of approximately 14.63 million cubic feet per day transferred
US$95,103 in accrued cash call liabilities forgiven by AOK
Disposal removes negative cash flows and ongoing operational costs
Read Story
middle.
Tap to Read
Tap the card to read the full analysis
about
Xstate Resources (ASX:XST)
OPEN ARTICLE