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Xstate Resources Advances Diona-1 Stimulation and Raises $1.69M to Fund Next Steps

9:10am on Monday 20th of April, 2026 AEST Energy
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Xstate Resources Advances Diona-1 Stimulation and Raises $1.69M to Fund Next Steps

9:10am on Monday 20th of April, 2026 AEST
Key Points
  • Stimulation program at Diona-1 well underway with Condor Energy
  • Placement raised $1.69 million at $0.033 per share with attaching options
  • Funds aimed at extended production tests and pipeline connection
  • Placement participants include strategic investors strengthening share register
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