XST 0.00% 0.9¢ xstate resources limited

Dempsey 1 TCF gas well, page-2

  1. 4,545 Posts.
    lightbulb Created with Sketch. 196
    yes, downside is limited as it will flow gas from the shallow formations even if the deep gas fails for one reason or another, so its a limited risk, which is good for a first attempt.

    The reality is Dempsey is a dress rehearsal and Alvares is the main event, and XST have 25% of Alvares..... I would recommend investors read the DOGGR logs from 1982, it demonstrates the technical challenge and the commercial opportunity of Alvares, again I hope that SGC have a top notch drilling contractor .... DYOR
 
watchlist Created with Sketch. Add XST (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.