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Xstate Raises $3.82m to Power Next Phase of Diona-1 Testing

Xstate Resources has secured $3.82 million through a two-tranche capital raising to advance appraisal and production testing at its Diona-1 well in Queensland, positioning the company for critical flow testing and further exploration.
Maxwell Dee
31 Oct 2025

Xstate Unveils Major Basin Centred Gas Upgrade at Diona Project

Xstate Resources has significantly upgraded its Prospective Resource estimate for the Diona Block in Queensland, revealing substantial Basin Centred Gas potential that could reshape the project’s outlook.
Maxwell Dee
27 Oct 2025

Xstate Confirms 23m Net Gas Pay at Diona-1, Eyes Next Testing Phase

Xstate Resources has confirmed 23 meters of net gas pay across three Permian sandstone zones in its Diona-1 well, setting the stage for upcoming flow testing that could redefine resource estimates.
Maxwell Dee
14 Oct 2025

Xstate Uncovers Promising 181m Gas Column at Diona-1 Well

Xstate Resources reports a significant overpressured gas column at its Diona-1 well in Queensland, hinting at a potentially large unconventional gas resource. Drilling continues with further data acquisition pending.
Maxwell Dee
8 Oct 2025

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

Xstate Resources reports steady progress on its Diona-1 well in Queensland, confirming its majority ownership of ATP 2077 and targeting multiple proven gas reservoirs with promising potential.
Maxwell Dee
2 Oct 2025

Xstate Resources Spuds Diona-1 Well Targeting Multiple Hydrocarbon Reservoirs

Xstate Resources has commenced drilling the Diona-1 well in Queensland’s Surat-Bowen Basin, aiming at three proven hydrocarbon formations with promising resource potential and a rapid path to market.
Maxwell Dee
29 Sept 2025

Xstate Resources Begins Drilling at Diona-1, Eyes Key Gas Formations

Xstate Resources has commenced drilling operations at its Diona-1 well in Queensland, targeting promising gas reservoirs with a rapid path to market.
Maxwell Dee
25 Sept 2025

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

Xstate Resources has completed well pad construction for its Diona-1 well in Queensland’s Surat-Bowen Basin and is poised to begin drilling with a 51% interest in ATP 2077.
Maxwell Dee
16 Sept 2025

Xstate Resources Returns to ASX Trading After Compliance Hurdle

Xstate Resources Limited has had its trading suspension lifted as it meets key ASX listing requirements, marking a new chapter for the mining company.
Maxwell Dee
16 Sept 2025

Xstate Resources Accelerates Diona-1 Drilling with Rig Mobilization Set for September 21

Xstate Resources has formalized its drilling plans for the Diona-1 well in Queensland’s Surat-Bowen Basin, with rig mobilization scheduled for late September and early drilling results expected by October.
Maxwell Dee
15 Sept 2025

Xstate Raises $2.14M, Eyes ASX Re-Listing and Diona Drilling Launch

Xstate Resources has secured $2.14 million through its Re-compliance Prospectus offer and is on track to meet ASX conditions for re-listing, with drilling at its Diona Project set to begin in late September.
Maxwell Dee
3 Sept 2025

Xstate Secures Key Approval for Diona Project, Eyes Drilling by September

Xstate Resources has received pre-approval to acquire a 51% stake in the Diona project, setting the stage for drilling operations and ASX trading resumption by late September.
Maxwell Dee
20 Aug 2025