Smoke signals everywhere;
- market cap only $3m
- Paul Cartwright a senior oil and gas analyst at Hartleys stockbrokers takes a 6% stake in XST
- Paul Cartwright joins the XST board and becomes MD
- Chris Hodge from ROC Oil joins the board
- acquired a stake in producing gas wells
- in conjunction with AOC has access to 200 square miles of high quality proprietary 3D seismic data worth over $US 50 million
- AOC mentions that a number of attractive drillable prospects have been identified from the data set
- XST partner AOC up over 400% in the last few months
- the words "creation of significant value" have been used in the last few XST announcements.
- XST presentation at the recent good oil conference conference mentions "emphasis on high potential plays"
- presentation concludes with "XST will be exposed to exploration and drilling opportunities with the potential to materially increase its market capitalisation"
- Announces that it plans to drill world class targets in fisrt half of 2014
- etc etc
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- smoke signals everywhere
smoke signals everywhere
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